Search
Close this search box.

Bidens Paid 23.8% Taxes on $579,514 Earnings, Returns Show


President Joe Biden and his wife, Jill, made $579,514 last year and paid $137,658 in federal income taxes. That works out to a 23.8% tax rate, more than the average of roughly 14% for all U.S. households.

The Bidens’ earnings have trended slightly downward over the past three years, after averaging more than $600,000 in 2020 and 2021. The median U.S. household income was $69,717 in 2021, according to the U.S. Census Bureau.

The White House on Tuesday released the tax returns of the Bidens and Vice President Kamala Harris and her husband, Doug Emhoff. This once routine rite of passage for presidents and aspirants to the Oval Office became a source of controversy under Biden’s predecessor, Donald Trump, who declined to release his taxes and ultimately had six years’ worth of returns released last year by a House committee.

The Bidens’ income has dropped since 2019, when they earned nearly $1 million, primarily from book sales, speeches and their teaching positions at the University of Pennsylvania and Northern Virginia Community College. The former vice president and Delaware senator often notes in speeches that he was once the poorest lawmaker in the Senate, so much so that he could not afford a home in Washington and had to commute by Amtrak.

In a Rose Garden speech about child care Tuesday, Biden said he couldn’t keep a home in Delaware and also afford a home for his family in Washington during his 36 years as a senator.

As president, Biden earned a salary of $400,000. His wife, Jill, was paid $82,335 for her job teaching at Northern Virginia Community College. They paid state taxes of $29,023 in Delaware and $3,129 in Virginia.

The Bidens gave $20,180 to 20 different charities. The largest gift was $5,000 to the Beau Biden Foundation, a nonprofit that works to combat child abuse and is named for their son Beau, who died of brain cancer in 2015 at age 46. They gave $1,680 to St. Joseph on the Brandywine, the church in Delaware that the president attends. The Bidens also donated $2,000 to the Fraternal Order of Police Foundation.

The tax filings of the vice president and her husband showed them earning $456,918. They paid $93,570 in federal income tax for a rate of 20.5%. They also paid $17,612 in California income tax, while Harris’ husband paid $9,697 in District of Columbia income tax for his work at Georgetown University’s law school. They contributed $23,000 to charity.

Biden campaigned on the transparency of his personal finances, releasing 22 years of tax filings ahead of the 2020 election. It was a direct challenge to Trump, who argued for years that an audit prevented him from releasing his taxes — though the IRS had mandated for four-plus decades that the tax returns of sitting presidents and vice presidents be audited.

Tuesday was the deadline for paying federal taxes.

(AP)



2 Responses

  1. @rt: The Bidens give charity?! Give a read.

    Biden gave average of $369 to charity a year
    By Matt Kelley, USA TODAY

    September 12, 2008, 5:54 PM ET

    WASHINGTON — Democratic vice presidential candidate Joe Biden and his wife gave an average of $369 a year to charity during the past decade, his tax records show.

    Democratic presidential nominee Barack Obama’s campaign today released 10 years’ worth of tax returns for Biden, a senator from Delaware, and his wife Jill, a community college instructor. The Bidens reported earning $319,853 last year, including $71,000 in royalties for his memoir, Promises to Keep: On Life and Politics.
    The Bidens reported giving $995 in charitable donations last year — about 0.3% of their income and the highest amount in the past decade. The low was $120 in 1999, about 0.1% of yearly income.

    Over the decade, the Bidens reported a total of $3,690 in charitable donations, or 0.2% of their income.

    Biden spokesman David Wade said in an e-mail that the Bidens “also contribute to their favorite causes with their time as well as their checkbooks.” Wade said Jill Biden has volunteered to help military families and the family “pitched in driving supplies to the Gulf Coast after Hurricane Katrina.”
    Besides his Senate salary and his wife’s earnings, Biden also reported earning $20,500 a year from Widener University, where he’s listed as an part-time, adjunct instructor of a constitutional law class. Widener has campuses in Delaware and Pennsylvania.

    So there you have it. The Bidens are as selfish and stingy as it gets.
    From the same report:
    “Then-Vice President Al Gore came under fire when his 1997 tax return showed only $353 in donations to charity.”

    Yup. Classic democrats. Do as I say, not as I do.
    Joe Biden should do the right thing and donate all of his salary to the downtrodden Ukrainian people.

Leave a Reply


Popular Posts