Why didn't he voluntarily pay the top percentage rate?
Another big question I have, is how did his income drop 4 million bucks, in a year? I'm betting that someone is hiding some serious jack...through tax loopholes.
Mr. Obama and his wife, Michelle, on Monday reported an adjusted gross income of $1,728,096 for 2010, down from $5.5 million in 2009. Most of their income came from sales of his books “Dreams From My Father” and “The Audacity of Hope.” The Obamas paid $453,770 in federal taxes, for an effective tax rate of just over 26 percent; the top individual tax rate is 35 percent.
Obama Tax Return Shows Income Down, Mostly from Book Sales - NYTimes.com