US President Joe Biden and his wife Jill earned $619,976 (approximately €585,000) last year. The largest portion consists of Joe Biden’s $400,000 salary and Jill Biden’s $85,985 income from college teaching.
With the publication of their tax returns, the Bidens continue a decades-long tradition of American presidents that was interrupted by their predecessor Donald Trump.
Tax rate of 23.7 percent
The Bidens reported paying $146,629 in federal taxes, a tax rate of 23.7 percent. Joe Biden also reported paying $30,908 in Delaware income taxes. Jill Biden reportedly paid $3,549 in Virginia income taxes.
The couple also reported $20,477 in charitable donations. The Bidens had earned less over the past two years, earning $579,514 in 2022 and $610,702 in 2021.
Kamala Harris and husband earned $450,299
Vice President Kamala Harris and her husband Doug Emhoff also released their tax returns. It shows an income of $450,299.
Both paid $88,570 in federal taxes, as well as $15,167 in California income taxes and $11,599 in the District of Columbia. Her charitable donations totaled $23,026.
Source: Krone
I am Wallace Jones, an experienced journalist. I specialize in writing for the world section of Today Times Live. With over a decade of experience, I have developed an eye for detail when it comes to reporting on local and global stories. My passion lies in uncovering the truth through my investigative skills and creating thought-provoking content that resonates with readers worldwide.
