Obama tax return reveals memoirs made millions


WASHINGTON (Reuters) - U.S. President Barack Obama made nearly $2.5 million in 2008 from the sales of his two best-selling memoirs, according to tax information released by the White House on Wednesday.

Obama jointly filed his 2008 federal income tax return with his wife Michelle, reporting an adjusted gross income of $2,656,902 and paying $855,323 in federal income tax and $77,883 in state income taxes, the White House said.

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