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Biden, first lady earned nearly $611,000 in 2021, tax filing shows

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The U.S. President Joe Biden (with first lady Jill Biden) disembarks from Air Force One before they reach RAF Mildenhall for the G7 Summit.

Kevin Lamarque | Reuters

Jill Biden, first lady, and President Joe Biden have released 2021 tax returns. They show a total income of $610 702 in their first year. White House.

Federal income tax was paid by the Bidens at a rate of 25%, which is $150,439. The first lady who taught at Northern Virginia Community College earned $30,765 Delaware income tax, and the Virginia couple paid $2,721 to Virginia.

In 2020, the first couple also made just over $600,000. Biden also earned just over $600,000. Congress.

Douglas Emhoff, Douglas Emhoff’s husband and vice president Kamala Harris released their tax returns. It showed that they had made $1.7 million in 2021. The amount is roughly the same as in 2020. The federal income tax they paid was $523,371, which is 31.6 percent.

Biden released the following statement: “This release has allowed the president to share a total 24-years worth of tax returns with American taxpayers, once again demonstrating that he is committed to transparency and open communication with American people about commander in chief’s finances.”

Since the beginning, every president Richard Nixon has released their tax returns, except for Biden’s predecessor, Donald Trump, who claimed he could not make his returns public because they were under audit.

Biden as President will have his records audited automatically, which is an unusual move. mandatory Seit dem Watergate-Scandal.

Additionally, the Bidens donated $17.394 to 10 charitable organizations, with the largest being $5,000 to Beau Biden Foundation. Harris and Emhoff gave $22,100 each to charity in 2021.

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