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US President Joe Biden publishes his tax return
Find out how much US President Joe Biden and Vice President Kamala Harris earned in 2023 and how much they had to pay in taxes. A look into the financial transparency of politicians.
US President Joe Biden publishes his tax return
US President Joe Biden and his wife Jill have disclosed their finances for 2023. According to the released tax return, the Bidens earned a total income of $619,976. This sum is made up of Joe Biden's salary of $400,000 and Jill's earnings from her job as a teacher of $85,958. Compared to previous years, this means an increase in their income.
In 2023, the Bidens paid a total of $146,629 in federal taxes, a tax rate of 23.7 percent. Additionally, Joe Biden paid $30,908 in income tax in the state of Delaware, while his wife paid $3,549 in Virginia. They also made $20,477 in donations. The release of her tax returns follows the tradition maintained by other presidents, including Kamala Harris.
Kamala Harris, the vice president, and her husband, Doug Emhoff, earned $450,380, according to their 2023 tax returns. The couple's federal taxes were $88,570, plus they paid $15,167 in California income tax and $11,599 in the District of Columbia. Harris and Emhoff's donations totaled $23,026. This financial disclosure demonstrates transparency and responsibility on the part of political officials regarding their income and tax payments.