Harris and Emhoff earned significantly more in 2021 – $ 1.66 million, according to their joint tax return. They paid $ 523,371 in income tax, with a real tax rate of 31.6%. The couple earned about the same amount in 2020, when they reported nearly $ 1.7 million in income. The second couple paid $ 120,517 in income tax in California in 2021 and Emhoff paid $ 54,441 in income tax in the District of Columbia. They donated just over $ 22,000 to charity. Some of the revenue Harris and Emhoff reported came from the sale of Harris’s apartment in San Francisco, which brought them more than $ 319,000. Harris also reported income as a writer – $ 452,664. The Bidens, who often travel to Delaware to spend time in their homes there, have submitted their statements to Delaware. Biden’s tax returns also reflect that their S companies are headquartered in Delaware. S Corporations are sometimes criticized because the recipient does not owe Medicare or Social Security taxes and the source of revenue cannot be identified. Celticcapri Corp. is affiliated with Mr. Biden and Giacoppa Corp. associated with the first lady, as noted in their tax return. The first lady also paid non-resident taxes in the state of Virginia, where she teaches at NOVA Community College. He paid $ 2,721 in income tax in Virginia. – Nancy Cordes and Gaby Ake contributed to this report.
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Kathryn Watson
Kathryn Watson is a political reporter for CBS News Digital based in Washington, DC