President Obama and First Lady Michelle Obama reported a combined income of $436,065 on their 2015 tax returns, the lowest figure yet since they moved into the White House. The couple paid $81,472 in taxes, The Washington Post reports.
The Obamas' income while in office peaked in 2009 at $5.5 million, due to earnings from the president's two bestselling books.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Depleted FEMA struggling as hurricane season beginsspeed read FEMA has lost a third of its workforce amid DOGE cuts enforced by President Donald Trump
-
June 3 editorial cartoonsCartoons Tuesday's political cartoons include RFK Jr. and the CDC, Elon Musk's DOGE exit, and Donald Trump versus academic freedom
-
Gaza Humanitarian Foundation: the group behind Gaza's controversial new aid programmeThe Explainer Deadly shootings and chaotic scenes have been reported at aid sites after US group replaced UN humanitarian organisations
-
Depleted FEMA struggling as hurricane season begins
speed read FEMA has lost a third of its workforce amid DOGE cuts enforced by President Donald Trump
-
White House tackles fake citations in MAHA reportspeed read A federal government public health report spearheaded by Robert F. Kennedy Jr. was rife with false citations
-
Judge blocks push to bar Harvard foreign studentsspeed read Judge Allison Burroughs sided with Harvard against the Trump administration's attempt to block the admittance of international students
-
Trump's trade war whipsawed by court rulingsSpeed Read A series of court rulings over Trump's tariffs renders the future of US trade policy uncertain
-
Elon Musk departs Trump administrationspeed read The former DOGE head says he is ending his government work to spend more time on his companies
-
Trump taps ex-personal lawyer for appeals courtspeed read The president has nominated Emil Bove, his former criminal defense lawyer, to be a federal judge
-
US trade court nullifies Trump's biggest tariffsspeed read The US Court of International Trade says Trump exceeded his authority in imposing global tariffs
-
Trump pauses all new foreign student visasspeed read The State Department has stopped scheduling interviews with those seeking student visas in preparation for scrutiny of applicants' social media
