One-Third of Obama’s Earnings 2009-2011 From Foreign Sources
During the time that President Obama has been in office, he has earned some $2,711,340 from foreign sources. That’s 30.1 percent of Obama’s total income during that time. During that period, Obama forked over $87,429 to foreign countries. Most of that cash comes from book sales.
That’s an inordinately large amount of money coming from overseas – far more than the typical American, certainly. And the question becomes whether President Obama is outsourcing his book sales. After all, why not pay American tax rates on that income? Why not ship from the United States, rather than printing abroad?