Joe and Jill Biden made nearly $580,000 last year
Joe and Jill Biden made more than half a MILLION dollars last year injecting money into pro-police charities, president’s tax return shows
- President Joe Biden and first lady Jill Biden released their 2022 tax returns Tuesday night
- The Bidens raised $579,514 last year and paid a tax rate of 23.8 percent
- They gave about 3.5 percent of their income to charity, amounting to $20,180, divided among 20 charities, including a police group
President Joe Biden and first lady Jill Biden released their 2022 tax returns Tuesday night.
The Bidens brought in $579,514 last year and paid a tax rate of 23.8 percent, paying $169,820 in federal, Delaware and Virginia income taxes.
They gave about 3.5 percent of their income to charities, amounting to $20,180 divided among 20 charities.
The largest donation of $5,000 was to the Beau Biden Foundation, named after their late son.
They also donated dollars to the National Fraternal Order of Police Foundation.
President Joe Biden and first lady Jill Biden released their 2022 tax returns Tuesday night
The Bidens brought in $579,514 last year and paid a tax rate of 23.8 percent, paying $169,820 in federal, Delaware and Virginia income taxes
And they donated money to their church, St. Joseph on the Brandywine, in Wilmington.
Biden’s income has declined in recent years, with an income of $610,702 in 2021, Biden’s first year in office.
In 2019, the Bidens reported nearly $1 million in revenue from book sales, speeches, and his teaching at the University of Pennsylvania and hers at Northern Virginia Community College.
The presidential salary is set at $400,000, while Dr. Biden still teaches community college.
She is the first first lady to hold a paid position in the White House.
Dr. Biden received $82,335 for her education last year.
Historically, Biden was one of the poorest members of the U.S. Senate, having been elected at age 29.
He commuted to and from Washington on Amtrak because he couldn’t afford to buy a house near DC.
Vice President Kamala Harris (left) and Second Mr. Doug Emhoff (right) reported $456,918 in 2022 revenue and gave slightly more to charities than the Bidens
The White House noted in Tuesday’s press release that the American public now has 25 years of Biden’s tax returns.
Former President Donald Trump broke with tradition and refused to disclose his tax returns while he was a candidate and while in office.
Democrats in Congress spent years trying to get their hands on Trump’s tax returns, and in December six years were cleared by the House Ways and Means Committee before Republicans took control of the House.
Vice President Kamala Harris and Second Mr. Doug Emhoff reported $456,918 in revenue in 2022.
They paid $93,570 in federal income tax, with a tax rate of 20.5 percent.
They also paid $17,612 in California income taxes and Emhoff paid $9,697 to the District of Columbia.
In 2022, $23,000 was donated to charity by Harris and Emhoff, slightly more than the Bidens.
The vice president’s salary is set at $235,100 per year.