and how much growth, how much paid in taxes, et cetera. this is pretty interesting. the first lady and president obama had an income last year of $600,000, they essentially paid $112,000 in taxes. that means that the tax rate was essentially 18.4%. we also want to talk about their donation to charities. pretty generous. they reported donating $150,000 to 33 different charities as well. also want to mention that illinois income tax also came in as well and they had paid $29,000 for that as well. fred? all right, total disclosure, total transparency there, thanks so much, zain asher. appreciate that. the national hockey league has a new message. if you can play, you can play. it is a push to embrace gay athletes. what we re trying to do is make it clear that we have an environment where whoever you are, whatever you believe,
welcome back to the second half of outfront. on a friday, we start with stories we care about where we focus on our reporting from the front lines. we begin with the president s pa taxes. his tax return came out today. he and michelle paid $112,000 on taxes on adjusted gross income of $609,000. that puts them at 18.4%. low and frankly almost kpet whiff mitt romney s rate in 2011. now nyu professor tells us three main deductions were responsible for the president s low rate, state and local taxes, home mortgage interest and the $150,000 the obama s donated to charity. maybe there is a reason he doesn t want to take away the home interest deductions. well, a rough day for carnival cruise lines. the ship fascination failed inspections and what inspectors found onboard was anything but
upon book sales. book sales are actually down in 2012, down from 2011. you see that effective tax rate of 18.4%. as he pay 112,000 in federal taxes. he gave $150,000 no 33 different charities, including fisher house, which helps wounded warriors and their families in to 2011 his total gross was $789,000, because his book sales were higher in 2011 then 2012. charitable donations back then, $172,000. federal taxes paid, 162,000, effective tax rate in 2011 was 20.5%. that was a little bit higher than the 8.4% in 2012. and with vice-president biden his total gross income in 2012 was $385,000.
24 hours? to tell us, jonathan capehart, my colleague at the washington post. during this show, news has been made. president obama has released the 2012 federal income tax returns. what do they tell us? one, that he paid an effective federal tax rate of 18.4% on income of $608,000. they donated more than 150,000 to charities and they paid a total of $112,214 in taxes. the bidens, however, made $300 combined, $385,000. paid $87,851 in taxes and donated $7191 to charity. i want to ask you about marco rubio. he is doing seven sunday shows, including univision. he is spanish language, all the typical sunday shows. what does that tell us about where this immigration bill
that s why we designed our newest subaru from the back seat forward. introducing the all-new, completely restyled subaru forester. love. it s what makes a subaru, a subaru. it s the final days of tax season and today the obamas releas released their 2012 returns. that s a rate of 18.4%. we know the president s all about fairness. his tax plan would raise taxes on high-income earners, including himself. these returns also give us insight into the first family s charitable donations. in total, the first family gave over $150,000 to 33 charities. they donated $3,000 to the