Apparently, on Obama’s released tax records, he discloses income from speaking fees. The problem? Accepting payment for speaking fees when you’re a legislator is against Illinois state law.
Apparently, as an Illinois state legislator through 2004, Barack was prohibited from taking honoraria for speaking under the Illinois Governmental Ethics Act.
But what about Barack Obama’s 2000 and 2002 tax returns?
2000: On his 2000 Schedule C-EZ, Barack reported that he received $16,500 as a “Foundation director/Educational speaker.”
2001: On his 2001 Schedule C-EZ, Barack reported $98,158 from a Chicago law firm, Miner, Barnhill, for “Legal services/attorney” (and nothing for speaking).
2002: On his 2002 Schedule C, Barack reported $34,491 for “LEGAL SERVCES / SPEAKING FEES.”
These “speaking fees” are in addition to the amounts that Barack was paid as an employee, a lecturer at the University of Chicago, reported on the first page of his 1040s.
That’s not change we can believe in.
Just to sum up, the media can find Joe the Plumber’s tax woes within 24 hours of his having dared to question The One’s narrative, but they can’t find a clear ethical violation in the released records of a man who has been campaigning for President for two years now.
Another truth-telling moment brought to you by our fair and objective news media.