Saturday, April 11, 2015

Obama and Biden Release Their 2014 Tax Returns

President Obama and Vice-President Biden yesterday released their 2014 tax returns. Here are charts putting the 2014 returns in context with their earlier returns:

Obama:
Year
AGI
Tax
Charitable Gifts
Gifts/AGI
2014
$477,383
$93,362
$70,712
14.8%
2013
$481,098
$98,169
$59,251
12.3%
2012
$608,611
$112,214
$150,034
24.7%
2011
$789,674
$162,074
$172,130
21.8%
2010
$1,728,096
$453,770
$245,075
14.2%
2009
$5,505,409
$1,792,414
$329,100
6.0%
2008
$2,656,902
$855,323
$172,050
6.5%
2007
$4,139,965
$1,396,772
$240,370
5.8%
2006
$983,826
$277,481
$60,307
6.1%
2005
$1,655,106
$545,614
$77,315
4.7%
2004
$207,647
$40,426
$2,500
1.2%
2003
$238,327
$51,856
$3,400
1.4%
2002
$259,394
$68,958
$1,050
0.4%
2001
$272,759
$86,072
$1,470
0.5%
2000
$240,505
$63,732
$2,350
1.0%
Biden:
Year
AGI
Tax
Charitable Gifts
Gifts/AGI
2013
$388,844
$90,506
$7,380
1.90%
2013
$407,009
$96,378
$20,523
5.00%
2012
$385,072
$87,851
$7,190
1.90%
2011
$379,035
$87,900
$5,540
1.46%
2010
$379,178
$86,626
$5,350
1.41%
2009
$333,182
$71,147
$4,820
1.45%
2008
$269,256
$47,464
$1,885
0.70%
2007
$319,853
$66,273
$995
0.31%
2006
$248,859
$42,832
$380
0.15%
2005
$321,379
$70,473
$380
0.12%
2004
$234,271
$41,845
$380
0.16%
2003
$231,375
$38,393
$260
0.11%
2002
$227,811
$41,756
$260
0.11%
2001
$220,712
$40,728
$360
0.16%
2000
$219,953
$42,313
$360
0.16%
1999
$210,797
$40,309
$120
0.06%
1998
$215,432
$35,131
$195
0.09%

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