Harris and the so-called second gentleman, Doug Emhoff, reported a federally adjusted gross income of about $ 1.7 million in 2021, which was about the same as they claimed they had earned the previous year. Joe Biden and First Lady Jill Biden reported revenue of nearly $ 611,000, about $ 4,000 more than they had in 2020, according to tax documents released by the White House. The vice president and her husband also said they paid $ 523,371 in income tax, or 31.6%. For their part, Biden reported that $ 150,439 was taxed on their income, which means that the tax rate of the president’s family was 24.6%. Nearly $ 772,000 of the income reported by Harris and Emhoff came from the sale of a condominium in San Francisco and the earnings he earned as a writer, tax documents show. The couple reportedly donated $ 22,100 to charity last year, with the Bidens reporting $ 17,394 to charity. Biden’s biggest charity – $ 5,000 – went to the Bo Biden Foundation, a public charity named after the president’s late son and dedicated to protecting children from abuse. Nine other groups shared the rest of their charitable donations. For their part, Harris and Emhoff reported $ 5,000 donations to three schools they attended: California State University, Northridge. Howard University; and the University of Southern California. A White House statement accompanying the release of Friday’s documents made it clear that Joe Biden shared 24-year tax returns with the public, a move “once again demonstrating his commitment to being transparent with the American people about with his finances the general “. Harris, meanwhile, had now published tax returns for 18 years, the White House said in a statement. Donald Trump, Biden’s presidential predecessor, whom he defeated in the 2020 election, never published his tax returns. Last year, however, the New York Times took decades of Trump tax data and reported it. This report showed, in part, that Trump did not pay income taxes for 11 of the 18 years the Times looked at. Harris released her tax returns shortly after meeting with Tanzanian President Samia Suluhu Hassan. Biden had earlier announced plans to visit the Pacific Northwest amid falling approval numbers as the November midterm elections approach. Full copies of the president and vice president’s tax returns are available online.
