Obama's 2007 Taxes Show $4 Million In Book Royalties
Barack Obama has released his tax returns for the year 2007: Total income of $4.2 million between himself and Michelle.
The overwhelming majority of the money, $4 million, came from royalties on his two books, Dreams From My Father and The Audacity of Hope.
The Obamas also donated $240,370 to charity, and paid $1.4 million in federal taxes.
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