President Joe Biden and his wife announce their 2021 income

According to the announcement, the total Joe Biden’s income and Jill Biden in 2021 is $ 610,702. The couple paid $150,439 in federal income taxes, $30,765 in state taxes for Delaware and $2,721 in income taxes for Virginia, where Jill Biden teaches at Northern Virginia Community College (NOVA).

According to RT, the Bidens’ earnings are similar to those announced in 2020, at more than $600,000. The president’s salary is $ 400,000, plus a business trip account of about $ 50,000 according to the provisions of the National Assembly. The Bidens are taxed at 24.6%.

Before entering the White House, the Bidens reported earnings of $985,223 in 2019.

Vice President Kamala Harris and husband Douglas Emhoff also announced an income of $ 1.7 million in 2021, paying $ 523,371 in federal income tax, a tax rate of 31.6%.

Biden praised his own transparency in a statement on April 15, saying “the president has shared a total of 24 years of tax returns with the American public, once again demonstrating his commitment to transparency with the American people about the finances of the commander-in-chief”.

The tradition of the president publicly paying his taxes goes back to the Richard Nixon era, as does the tradition of auditing the president. Joe Biden’s predecessor was Former President Donald Trump did not release tax return details, saying the information could not be made public because he was audited. Donald Trump also donated his entire presidential salary while in office.

In the four years between Mr. Biden’s resignation in the Obama administration and the 2020 election, the former US vice president has earned at least $17.3 million in book sales, speaking fees, and opportunities. other.

Joe Biden’s son Hunter Biden also earns a monthly 5-figure salary on the board of a Ukrainian energy company.