The tax man takes Capitol Hill

The World

President Obama and Vice President Joe Biden released their 2008 tax returns last night. President Obama paid $855,323 in federal taxes on a combined household income of $2,656,902. In a press conference yesterday, Press Secretary Robert Gibbs explained President Obama’s hefty return as being due to his book royalties. More surprising perhaps is that Joe Biden appears to be the poorest Senator. Biden’s tax return showed only $269,256 and paid $46,952 in federally taxes. Our man on Capitol Hill, Todd Zwillich, joins us with a look at the bounty of public disclosures yesterday.

Tell us about your experience accessing The World

We want to hear your feedback so we can keep improving our website, theworld.org. Please fill out this quick survey and let us know your thoughts (your answers will be anonymous). Thanks for your time!