Tagged: Michelle Obama

This week marked a new step in Michelle Obama's evolution as first lady. In her hometown of Chicago, she delivered one of the most emotional speeches of her career — about kids dying from gun violence.

"I'm not talking about something that's happening in a war zone halfway around the world," she said. "I am talking about what's happening in the city that we call home."

President Obama and first lady Michelle Obama report that they had an adjusted gross income of $608,611 in 2012. The couple gave $150,034 to charity and ended up paying $112,214 in taxes.

That's an effective tax rate of about 18 percent.

First lady Michelle Obama gave a personal and emotional speech Wednesday in Chicago as she stepped into the debate over gun control.

"Right now, my husband is fighting as hard as he can and engaging as many people as he can to pass common-sense reforms to protect our children from gun violence," she said.

The first lady was in her hometown to encourage business leaders to donate millions of dollars to programs for at-risk youth.