Getting your player ready...
President Barack Obama and his wife, Michelle, reported $1.7 million in adjusted gross income in 2010, most of it coming from sales of two books Obama wrote before winning the White House, according to the couple’s returns. The Obamas donated about 14 percent of their gross income to charity.
Newt Gingrich said this week that he will release his 2011 returns when they are ready. Gingrich and his wife, Callista, paid nearly $995,000 in federal taxes on adjusted income of $3.14 million in 2010, translating to an effective tax rate of about 31.6 percent, according to tax documents released by his presidential campaign late Thursday. The Washington Post
