A home well earned: On Barack and Michelle Obama’s new digs
Ex-presidents live under scrutiny. That’s life in the big leagues.
So shed no tears for Barack and Michelle Obama as they come under criticism for using their wealth to buy quite a spread on Martha’s Vineyard. Seven bedrooms, listing price of $15 million.
He can handle the charge of hypocrisy for having lamented income inequality just last year: "There’s only so big a house you can have. There’s only so many nice trips you can take. I mean, it’s enough.”
He’ll pay high taxes on every dollar earned, and will push for people like him to pony up still more. (This year, the property taxes going to the Commonwealth of Massachusetts for that Vineyard property total $58,691.)
Meanwhile, his charitable foundation raised $232 million in 2017 and $165 million in 2018, wealth it spreads around.
The Obamas are immensely successful people. They live among the elite. That’s just fine.