President Joe Biden and first lady Dr. Jill Biden earned $619,976 in 2023, according to their joint tax returnreleased by the White House on Monday – the deadline date for Americans to file their taxes.
The White House also released the return for Vice President Kamala Harris and second gentleman Doug Emhoff, showing that pair made $450,299 last year.
“President Biden believes that all occupants of the Oval Office should be open and honest with the American people,” the White House said in a statement on Monday, “and that the longstanding tradition of annually releasing presidential tax returns should continue unbroken.”
That statement could be seen as a dig at former President Donald Trump, who declined to voluntarily release his tax returns while he was president. Six years of Trump’s tax returns, including from his time as president, were released to the public by the House Ways and Means Committee at the end of 2022.
The bulk of the Bidens’ income came from President Biden’s congressionally mandated $400,000 salary, along with pensions. The first lady also earned $85,985 from her position as a teacher at Northern Virginia Community College.
This is the best summary I could come up with:
The White House also released the return for Vice President Kamala Harris and second gentleman Doug Emhoff, showing that pair made $450,299 last year.
“President Biden believes that all occupants of the Oval Office should be open and honest with the American people,” the White House said in a statement on Monday, “and that the longstanding tradition of annually releasing presidential tax returns should continue unbroken.”
Six years of Trump’s tax returns, including from his time as president, were released to the public by the House Ways and Means Committee at the end of 2022.
They donated $5,000 to the Beau Biden Foundation, which works to protect children from abuse and is named after the president’s late son, and smaller amounts to organizations including the Fraternal Order of Police, a Wilmington fire station and St. Joseph on the Brandywine.
Harris and Emhoff reported an income of $456,918 in 2022 and $1.6 million in 2021 - the year they sold a house.
The current first couple restarted the tradition of the first family releasing their tax returns upon taking office in 2021.
The original article contains 433 words, the summary contains 181 words. Saved 58%. I’m a bot and I’m open source!