Bidens Earned $579K in 2022 and Paid $170K in Taxes

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Source: The New York Times
Bidens Earned $579K in 2022 and Paid $170K in Taxes
Photo: The New York Times
TL;DR Summary

President Joe Biden and First Lady Jill Biden reported earning about $580,000 in 2022, with an effective federal income tax rate of almost 24 percent. They donated about $20,000 to charity, including a $5,000 contribution to the foundation that honors Mr. Biden’s son Beau. Vice President Kamala Harris and her husband, Doug Emhoff, also released their tax returns, showing they paid about $93,000 in federal income taxes in 2022 on total income of about $456,000 and donated about $23,000 to charity. The Bidens' release of their tax returns made good on a longstanding tradition among presidents, which was broken only by former President Donald J. Trump.

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