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April 11, 2008
Bush pays over $200,000 in federal taxes

(NECN: Washington) - President Bush and his wife paid $221,635 in federal taxes on an adjusted gross income of $923,807 for the year 2007.

The income total includes a $150,000 advance received by Laura Bush for the children's book she co-authored with her daughter, Jenna.

Last year, the president and Mrs. Bush paid $186,378 in federal taxes on their income of $765,801.

Bush's salary as president is about $400,000.

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