President, V.P. release tax returns for 2012
Updated: Saturday, April 13 2013, 02:43 PM EDT
WASHINGTON, D.C. (NEWSCHANNEL 3) - President Barack Obama and Vice President Joe Biden have released their tax returns for 2012.
The President and First Lady Michelle Obama's returns show they earned a little more than $608,000 last year.
President Obama earns $400,000 of that as Commander-in-Chief.
The Obamas paid a little more than $112,000 in taxes, for a tax rate of 18.4 percent.
Vice President Joe Biden and his wife Jill reported income of just over $385,000, and paid almost $88,000 in taxes.