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In 1993 Obama joined Davis, Miner, Barnhill & Galland, a 12-attorney law firm specializing in civil rights litigation and neighborhood economic development, where he was an associate for three years from 1993 to 1996, then of counsel from 1996 to 2004, with his law license becoming inactive in 2007.
Obama is gearing up to increase his sphere of influence — and potentially his net worth — as a producer. He and his wife signed a deal to produce series and films for Netflix in 2018.
Obama presents his first weekly address as President of the United States on January 24, 2009, discussing the American Recovery and Reinvestment Act of 2009 Job Growth by U.S. president, measured as cumulative percentage change from month after inauguration to end of term. 2016 was the first year U.S. real (inflation-adjusted) median household income surpassed 1999 levels.
On Jan. 20, Donald Trump will be sworn in as the 45th president of the United States and the Barack Obama era will officially come to an end. While his net worth is nowhere near that of his ...
On April 15, 2016, Obama released his 2015 tax returns, which showed that the former president and Michelle Obama filed jointly and reported an adjusted gross income of $436,065. They paid $81,472 ...
The nature of tax policies in America has been suggested by economists and politicians such as Emmanuel Saez, Thomas Piketty, and Barack Obama to perpetuate economic inequality in America by steering large sums of wealth into the hands of the wealthiest Americans. The mechanism for this is that when the wealthy avoid paying taxes, wealth ...
George H.W. Bush. Before: $4 million After: $23 million The elder Bush had grown his net worth by 475% between the time he took office in 1989 and 2017, when The American University study was ...
Wealth inequality had also risen similarly, with the share of wealth owned by the Top 1% rising from 24% in 1979 to 36% by 2007. [8] While U.S. household net worth rose to nearly 30% from its pre-crisis peak from 2007 to 2016, much of this gain went to the wealthiest Americans, as it had before Obama became president.