Obamas’ income declined in 2014 but they overpaid their taxes and get a refund
First couple's tax return shows no stock market investments, missed opportunity on home refinance in Chicago.
President Barack Obama and his wife, Michelle, reported adjusted gross income of $477,383 for 2014, down 0.8% from last year, according to tax returns released Friday by the White House.
The Obamas paid $93,362 in federal taxes for an effective income tax rate of 19.6%. They made most of their incom
Learn more about reprints and licensing for this article.