Barack Obama earned $2.7m last year, most of it from sales of his best-selling books, according to his federal income tax return.
While the sum is more than 50 times the median US household income, it marked a sharp drop from the $4.2m (€3.2m, £2.8m) the US president and his wife, Michelle, earned in 2007. The White House released the information as millions of Americans raced to meet Wednesday’s deadline for filing annual returns.
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