April 19, 2023
GOOD JOB, BIG GUY:
The Bidens made $579K last year, and paid a 23.8 percent tax rate, their returns show (CHRISTOPHER CADELAGO and JENNIFER HABERKORN, 04/18/2023, Politico)
The numbers closely mirrored those from last year, when the Bidens reported paying $150,439 in federal income taxes on $610,702 for an effective tax rate of 24.6 percent.White House officials again released copies of the first family's tax returns on Tax Day as a demonstration of transparency. Former President Donald Trump had refused to do so while in office and during the 2016 presidential campaign, claiming repeatedly that he was under government audit. With the release of their 2022 taxes, Biden has shared 25 years worth of tax returns that include his years as vice president and an earlier presidential run, according to the White House.Much of the couple's income was via the president's $400,000 salary. Jill Biden was paid $82,335 for her teaching position at Northern Virginia Community College.
Posted by Orrin Judd at April 19, 2023 12:00 AM