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US President Biden publishes tax return
The salaries of the US President and his vice president: Joe Biden and Kamala Harris publish their tax returns for 2023. Insight into their finances and tax payments.
US President Biden publishes tax return
US President Joe Biden and his wife Jill have disclosed their finances for 2023 by publishing their tax returns. A practice that Biden followed voluntarily, unlike his predecessor Donald Trump. According to the published information, the Bidens earned a total of $619,976 last year, which is approximately 585,000 euros. Joe Biden received a salary of $400,000, while Jill's income as a teacher was $85,958. Compared to previous years, the Bidens recorded a financial gain.
The presidential couple's taxes totaled $146,629 in 2023. This corresponds to a federal tax rate of 23.7 percent. Additionally, Joe Biden paid $30,908 in income tax in the state of Delaware, while Jill paid $3,549 in Virginia. They also made donations totaling $20,477. The publication of the tax return transparently shows the financial situation of the president and his wife.
Vice President Kamala Harris and her husband Doug Emhoff also made their finances public. In 2023, they earned a total income of $450,380. The couple's federal taxes totaled $88,570, plus they paid $15,167 in income tax in California and $11,599 in the District of Columbia. Harris and Emhoff's total donations were $23,026. Disclosing the finances of Biden, Harris and their partners gives citizens insight into the financial situation of US leaders.