Nightly News | April 18, 2011
Presidents pay taxes, too
President and First Lady Michelle Obama will pay a little over$ 466,000 in taxes for 2010 based on a total income of almost $1.8 million -- most of that made from sales of the president's book, "The Audacity of Hope." NBC's Brian Williams reports.
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This content comes from Closed Captioning that was broadcast along with this program.
>>> tax day across the country, and we learned today that president and first lady michelle obama are paying a little over 466 grand in taxes for 2010 . that's more he's paying out than he made as president. total income of almost $1.8 million, most of that from proceeds from the president's books. some of those proceeds, of course, go to charity.