USA TODAYObamas Paid 20.5% in Income Taxes, 2011 Returns ShowNew York TimesWASHINGTON — President Obama and his wife, Michelle, reported adjusted gross income of $789674 in 2011 and paid just over 20 percent of it to the federal government in taxes. Their income declined nearly $1 million from the previous year, ...Obama tax return shows 2011 earnings of $789674Fox NewsObama paid 20.5 percent tax rate in 2011, White House saysReutersObama releases 2011 tax returnsCBS NewsWashington Post -San Francisco Chronicleall 523 news articles »