Obama tax return shows 2011 earnings of $789,674

WASHINGTON — The White House says President Barack Obama and his family paid more than $160,000 in federal taxes last year.

The president’s 2011 federal income tax return shows reported adjusted gross income of about $790,000 last year. About half of the first family’s income is the president’s salary. The White House says the rest comes from sales of Obama’s books.

Obama’s effective tax rate is just above 20 percent — lower than many Americans who earn less. He has made tax-rate fairness a campaign issue.

The White House released a copy of the president’s tax return, which also shows charitable donations of more than $172,000.

Obama is donating after-tax proceeds from his children’s book to the Fisher House Foundation. The charity helps veterans and military families receiving medical treatment.

More in Local News

Snohomish County has its own history of train derailments

This morning’s wreck in DuPont is not affecting train service to points north and east of Seattle.

Wildlife, guns and property taxes are on the agenda in 2018

State lawmakers are pre-filing bills they hope to pass in the 2018 legislative session.

Three arrested for allegedly stealing $7K worth of perfume

One of the women from Portland, Oregon, was caught shoplifting at Sephora in the Alderwood mall.

Spring start set for big Everett apartment complex

The building will be eight stories tall, with seven of those visible from Broadway.

Two from Oak Harbor killed in head-on, 2-car crash

One car crossed the center line, hitting the other car. Both drivers died.

Clues in recovered backpack help identify robbery suspect

Police find a ticket with the man’s name on it after an attempted shoplifting at a Safeway.

Herald photos of the week

A weekly collection of The Herald’s top images by staff photographers and… Continue reading

Police presence returns to Edmonds School District

Jacob Hubby is set to walk the halls of Meadowdale High School as a school resource officer.

County budget takes effect without Somers’ signature

The council passed its version with unanimous support and could have overridden an executive veto.

Most Read