April 16th, 2008
06:00 PM ET
6 years ago

Obama releases 2007 federal tax return

PHILADELPHIA, Pennsylvania (CNN) - Democrat Barack Obama released his 2007 federal tax return Wednesday, just hours before the Illinois senator and Democratic rival Hillary Clinton will take the stage at a debate in Philadelphia.

According to the campaign, the Obama's brought in a total income of $4,238,165, the vast majority of which came from sales of the White House hopeful's bestselling book.

More details provided by the campaign:

Adjusted gross income: $4,139,965
Salaried income: $260,735
Net profit from books: $3,943,378
Federal taxes paid: $1,396,772
Total charitable contributions for 2007: $240,370

Click here to view the Obamas' 2007 federal tax return on the Obama campaign's website.

soundoff (170 Responses)
  1. Hard left !!!!

    HAHAHAHA!!!!!!!!!! YOU ASK AND YOU SHALL RECEIVE!!!!!

    April 16, 2008 07:28 pm at 7:28 pm |
  2. vince - Phoenix - (forgive me cnn, for I have sinned)

    cheapshot artists...... START YOUR ENGINES !

    April 16, 2008 07:29 pm at 7:29 pm |
  3. Debbie N Cali

    Wonderful. Full disclosure. Your turn Hillary.

    April 16, 2008 07:29 pm at 7:29 pm |
  4. Susan In PA

    Good for them!

    I am so pleased so many took the time to read the Senator's books. Well informed voters make better decisions in the booth.

    April 16, 2008 07:30 pm at 7:30 pm |
  5. D

    Just $ 4 Million?

    Looks so less when you think of $109 Million..even though $4 Million is a lot of money for me...

    April 16, 2008 07:32 pm at 7:32 pm |
  6. Colin

    So they are all muti-millionaires, this shouldn't be a surprise to anyone.

    April 16, 2008 07:33 pm at 7:33 pm |
  7. Chris

    Hillary 2007 returns was $20+ million plus her offshore accounts right?

    Lets talk about elitism…

    or robbing from the poor…

    or hypocracy…

    April 16, 2008 07:33 pm at 7:33 pm |
  8. Patrick

    Obama '08

    Yes We Can!

    April 16, 2008 07:36 pm at 7:36 pm |
  9. Kevin

    And he was telling Clintons to release their tax returns? What a hypocrite.

    April 16, 2008 07:37 pm at 7:37 pm |
  10. tigerakabj

    Way to go Obama!!!

    April 16, 2008 07:41 pm at 7:41 pm |
  11. Bubba

    geez...I gotta become a public servant ! ! !

    April 16, 2008 07:42 pm at 7:42 pm |
  12. mark from PA

    clinton and mcbush call this guy elitist. theyare out of touch

    April 16, 2008 07:43 pm at 7:43 pm |
  13. In oregon and want change

    By comparison, Clinton and her husband, the former president, reported $20.4 million in income for 2007.

    Who is the elitist???

    Gosh I wish I had a quarter of what the Clinton's earned in 2007

    April 16, 2008 07:44 pm at 7:44 pm |
  14. Craig in Texas Democrat and supporter for Obama

    Dont look too elitists too me compared to the 108.2 million the clintons made. oh yea and that 800 grand from nafta.......

    April 16, 2008 07:46 pm at 7:46 pm |
  15. Not a Millionaire, NC

    I guess we don't have to feel sorry for him, anymore.

    April 16, 2008 07:46 pm at 7:46 pm |
  16. female grad student NYC

    haha – who's poor now?

    Obama only made $5million a year while the Clinton's made $10million.

    Splitting hairs.

    April 16, 2008 07:47 pm at 7:47 pm |
  17. Eric in Lincolnton, NC

    Not much Charity Huh?

    April 16, 2008 07:49 pm at 7:49 pm |
  18. Glory

    When is his next book coming out? I will be on the line the day it is released. Obama the new JK Rowling?

    April 16, 2008 07:50 pm at 7:50 pm |
  19. Carol

    I really think Hillary is Bi-Polar and should be on meds.

    April 16, 2008 07:53 pm at 7:53 pm |
  20. Kenny

    Oh I forgot something, Say hello to Lou Dobbs. He is the only one that we can trust in the media. You got that Cafferty! you better follow his footstep, if you want to have a follower. If you are lucky?

    April 16, 2008 07:53 pm at 7:53 pm |
  21. Hillary supporter

    and the media had things to say about the clintons making 10 million plus in 6 or 7 years???

    April 16, 2008 07:55 pm at 7:55 pm |
  22. Bridgette- PA

    CNN, thanks for sharing. While we are discussing OBAMA, why don't you ask Lou Dobb's to shut his trap! My husband and I always watch his show but for some reason, over the past few weeks (more this week than ever), every night he bashes OBAMA. I'd rather have LOU just come out and say he hates OBAMA than this crap he's been getting away with through the hour of his show all week. I honestly think that he needs to move on. Whatever his personal issues are with OBAMA, he doesn't share any of this hate for Hillary, just "Illegal Aliens". Why is he the only one on CNN living, breathing, eating and sleeping Baracks so called bitter and gun remarks from over a week ago? It's disgusting. No other CNN staff seems to target any of the candidates in a good or bad way but LOU DOBBS is out of control. He has a big mouth and he needs to shut it already! And by the way, Lou loves to challenge people who don't agree with his views or when he doesn't agree with theirs, it is sad the way he acts as though he is all the world needs. He's an Independent, not GOD!

    April 16, 2008 07:59 pm at 7:59 pm |
  23. Mary O'Bryan

    St. "Snob-ama", according to the MSM and himself, is turning out to be quite the liar! Oh but, he is the candidate who is not divisive and is going to change everything, [W]right???? Careful America what you wish for or we may end up with 4 more years of Bush- McBush III. Vote Hillary, the only hope of defeating McCain in November.

    April 16, 2008 08:00 pm at 8:00 pm |
  24. Brian from NYC

    OH Hillary OH Hillary – Where are yours? Also EARMARKS and the Clinton Library donation list please!!!! Or go away – you and your husband have done enough to ruin this country!

    April 16, 2008 08:00 pm at 8:00 pm |
  25. chris isner

    I wouldn't mind giving Obama a few more bucks for books. Can't say the same about the Clintons for one reason: Obama wrote his own books; the Clintons hired professional ghostwriters to write theirs. If this primary season has highlighted any real difference between these two candidates, it is a difference of authenticity.

    April 16, 2008 08:01 pm at 8:01 pm |
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