Apr 15, 2010 1:08 PM by Letitia Walker

The President Pays His Taxes

WASHINGTON (AP) - The White House says President Barack Obama

and his wife Michelle made $5.5 million last year and paid nearly

$1.8 million in federal income tax.

      The Obamas gave $329,000 to charities. That included $50,000

each to CARE and the United Negro College Fund.

      The president also donated his $1.4 million Nobel Peace Prize

award to 10 charities.

      The White House said the vast majority of the Obamas' income was

from sales of the president's books. The president released his

2009 tax return Thursday.


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