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Obama Earns $3.9M in Royalties
His book sales continue to soar
By Peter Fearon
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Posted Apr 16, 08 10:08 PM CDT
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(Newser)
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Barack and Michelle Obama earned $4.2 million last year, mostly from royalties from Obama's two books, Dreams From My Father and the Audacity of Hope. The Obamas' newly released returns for 2007 show they paid $1.4 million in federal taxes and gave $240,370 to charity, USA Today notes. His book sales have skyrocketed since he became a national figure.