Obama's 2007 income tax return shows $4 million income. Who is in touch? Debate Wednesday night on ABC.

SHARE Obama's 2007 income tax return shows $4 million income. Who is in touch? Debate Wednesday night on ABC.

PHILADELPHIA, PA.– Though the Obamas’ released their 2007 on Wednesday afternoon–everything from 2000 on is public–showing that Sen. Barack Obama’s books have made his a fortune–almost $4 million last year. LINK to return. This comes as Obama is trying to deflect charges of elitism as he appeals to blue collar Pennsylvania voters.

The question is–will Sen. Hillary Rodham Clinton (D-N.Y.) press Obama (D-Ill.) at the debate that starts at 7 Chicago time–if he will make public his returns from his state senate years? Her staff was calling for those returns earlier this week. The Obama campaign declined to comment on returns from the 1990s.

Obama Releases 2007 Tax Returns

CHICAGO, ILSenator Obama today released his 2007 tax return and posted it to his campaign web site, continuing his commitment to running a transparent campaign and a transparent administration as President.

The Obamas 2007 federal tax return is available HERE.

The 2007 return at a glance

Total income: $4,238,165

o Adjusted gross income: $4,139,965

o Salaried income: $260,735

o Net profit from books: $3,943,378

Federal taxes paid: $1,396,772

Total charitable contributions for 2007: $240,370


The Latest
Ms. Lurie gave tens of millions of dollars to Northwestern University, Ann & Robert H. Lurie Children’s Hospital of Chicago, Greater Chicago Food Depository, PAWS Chicago and several other organizations both in the city and beyond, according to a statement from Northwestern.
Chicago’s food scene is “the lifeblood” of “The Bear,” cast member Ebon Moss-Bachrach told reporters during a press conference call with co-stars Jeremy Allen White and Ayo Edebiri on Monday.
Get an inside look at the upcoming Democratic National Convention in Chicago with Executive Director of the DNC Committee Alex Hornbrook and Executive Director of the Chicago DNC Host Committee Christy George on June 27.
La antigua estación de bomberos de La Villita abrirá sus puertas como centro de artes de Yollocalli en el verano de 2025.
Los policías respondieron a una llamada de una persona herida de bala en la cuadra 2800 al sur de la avenida Kedzie a eso de las 6:25 p.m. el domingo y encontraron a un hombre de 23 años que les dijo que había intercambiado disparos con otras personas, dijo la policía. Anteriormente, tres personas fueron baleadas en las proximidades, una de ellas mortalmente.