article_snippet.sent: President Barack Obama and the president wife, Michelle, paid more than $93,000 in federal taxes last year on an adjusted gross income of more than $477,000, according to tax returns released Friday by the White House.
article_snippet.sent: President Barack Obama and his wife, Michelle effective tax rate was 19.6 percent,
article_snippet.sent: The Obamas lowered The Obamas 2014 tax bill by claiming nearly $160,000 in itemized deductions, including $70,712 in charitable donations to 33 different charities.
article_snippet.sent: Altogether, The Obamas donated nearly 15 percent of The Obamas income.
article_snippet.sent: The largest was a $22,012 donation to the Fisher House Foundation, which supports military families.
article_snippet.sent: The Obamas also donated $5,000 to Sidwell Friends School, the exclusive private school where daughters Malia and Sasha are enrolled.
article_snippet.sent: The 38-page document, which includes the couple's Illinois state income tax return, shows the president made nearly $395,000 in wages.
article_snippet.sent: the couple also reported making $94,889 from the sale of Obama's best-selling books.
article_snippet.sent: That's down from more than $116,000 the year before.
article_snippet.sent: Obama received $51,167 from Random House and $43,722 from Dystel & Goderich Literary Management.
article_snippet.sent: The Obamas Obamas are getting a tax refund of $20,641.
article_snippet.sent: The Obamas could have received an additional $5,000 but opted to apply that amount to The Obamas 2015 tax bill.
article_snippet.sent: the couple reported paying $22,640 in state income tax in Illinois.
article_snippet.sent: the White House paid more than $90,000 in federal taxes last year on adjusted gross income of nearly $389,000.
article_snippet.sent: the White House paid an effective federal income tax rate of 23.3 percent and reported $7,380 in donations to charity.
highlights_snippet.sent: Barack and Michele Obama's effective tax rate was 19.6 per cent .
  
highlights_snippet.sent: Barack and Michele Obama's effective tax rate made $70,712 in donations to 33 different charities .
  
highlights_snippet.sent: Claimed a whopping $160,000 in itemized deductions .
  
highlights_snippet.sent: Nearly $95,000 in income came from sales of the president's books .