- President Joe Biden and first lady Jill Biden had a joint income of more over $600,000 last year.
- Vice President Kamala Harris and her husband earned almost three times with more more than $1.65 million in revenue.
- Tax returns were made public by the White House. on Friday.
President Joe Biden and his wife Jill Biden earned total income of $610,702 last yearaccording to their joint tax returns published on Friday.
Joe Biden’s presidential salary was $378,333. below typical annual salary of $400,000 because he enrolled office on January 20th.
first Lady Jill Biden, who teaches English and writing at Northern Virginia Community College, earned $67,116.
Spouses paid effective federal income tax rate of 24.6% for $150,439 and another $30,765. in them home state of Delaware.
Bidens made charitable donations totaling $17,394, including $5,000 to the Beau Biden Foundation, set up in title of deceased president son.
Previous year the couple reported making a similar figure of $607,336 in income.
Vice President Kamala Harris and her husband Douglas Emhoff earned $1.65 million. last yearaccording to their joint income tax return.
US Vice President Kamala Harris and her husband Douglas Emhoff.
Kieran Ridley/Getty Images
Unlike the Bidens, most of their income did not come from their wages.
Harris reported that he earned $452,664 from her. work as a writer, and a couple earned more over $319,000 from sale of condominium in San Francisco.
Vice President Harris’s salary was $215,548, slightly lower than the regular salary of $230,700 due to her being office on January 20th.
her husband Doug Emhoff, earned $164,740 from his tenure at Georgetown Law Institute.
He also reported earning $582,543 for his work as an associate at the law firms DLA Piper and Venable, which he left in 2021 when Harris took office.
They paid $523,371. in federal income tax with current federal income tax rate of 31.6%.
According to the documents, the couple donated $22,100 to charity.
“The president shared this release total of 24 years of tax return with American public one day again demonstrating its commitment to transparency with American people about finance of commander in head,” the White House said in a statement. in statement.
Biden move contrasts with his predecessor Donald Trump, who broken with decades of tradition by refusing to make their tax returns public.
In 2020, The New York Times received decades of Trump tax returns. AT 11 of In the 18 years that were reviewed by the newspaper, Trump paid $0. in federal income taxes.
