Obama tax records put pressure on Mitt Romney

Obama's tax return for last year showed that he and his wife paid $162,074 in federal taxes on $789,674 in adjusted gross income, an effective tax rate of 20.5 percent. Their income plunged from $1.7 million in 2010, with declining sales of the president's books. In 2009, the Obamas reported income of $5.5 million, fueled by the best-selling books. - Obama tax records put pressure on Mitt Romney
Obama, Biden release tax returns, put pressure on Romney - CBS ...