President Joe Biden and his wife Jill Biden earned a combined income of $ 610,702 last year, according to joint income tax returns released Friday. Joe Biden’s presidential salary was $ 378,333, slightly lower than the standard annual salary of $ 400,000, when he took office on Jan. 20. First Lady Jill Biden, who teaches English and writing at North Virginia Community College, won $ 67,116. The couple paid a real federal tax rate of 24.6%, which reached $ 150,439 and another $ 30,765 in Delaware. The Bidens donated a total of $ 17,394, including $ 5,000 to the Bo Biden Foundation, named after the president’s deceased son. Last year the couple reported having a similar amount of $ 607,336 in income. Vice President Kamala Harris and her husband Douglas Emhoff said they earned $ 1.65 million last year, according to their joint tax returns. US Vice President Kamala Harris and her husband Douglas Emhoff. Kiran Ridley / Getty Images Unlike the Bidens, most of their income did not come from their salaries. Harris said she earned $ 452,664 from her work as a writer, and the couple earned more than $ 319,000 from the sale of a condominium in San Francisco. Harris’s vice president’s salary was $ 215,548, slightly lower than the standard salary of $ 230,700 due to take office on Jan. 20. Her husband, Doug Emhoff, earned $ 164,740 from his job as a professor at Georgetown Law. He also said he earned $ 582,543 for his work as a lawyer at DLA Piper and Venable law firms, which he left in 2021 when Harris took office. They paid $ 523,371 in federal income tax with a real federal income tax of 31.6%. The couple donated $ 22,100 to charity, according to the documents. “With this announcement, the President shared a total of 24 years of tax returns with the American public, reaffirming his commitment to being transparent with the American people about the general’s finances,” the White House said in a statement. statement. Biden’s move contrasts with that of Donald Trump’s predecessor, who broke with decades of refusal to disclose his tax records. In 2020, the New York Times received decades of Trump tax reports. In 11 of the 18 years surveyed by the newspaper, Trump paid $ 0 in federal income taxes.
