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Bidens report $600k in 2021 income

By AFP   April 15, 2022 | 05:54 pm PT
Bidens report $600k in 2021 income
U.S. President Joe Biden and first lady Jill Biden disembark from Air Force One as they arrive at RAF Mildenhall ahead of the G7 Summit, near Mildenhall, Britain June 9, 2021. Photo by Reuters/Kevin Lamarque
U.S. President Joe Biden who pledged transparency around his personal finances while in office and his wife Jill Biden reported a bit more than $600,000 on their federal tax returns for 2021, the White House said Friday.

The couple paid $150,439 in taxes on $610,702, for a tax rate of 24.6 percent, the White House said.

In publishing their tax information, the president and first lady -- the first to work outside the White House, as a professor -- are bringing back a custom dating back to the 1970s but interrupted by previous president Donald Trump.

Vice President Kamala Harris and her husband Doug Emhoff declared a 2021 income of $1.6 million on their federal returns, and paid a tax rate of 31.6 percent, or $523,371.

 
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