President Joe Biden and his wife, Jill, made $579,514 last year and paid $137,658 in federal income taxes.
, made $579,514 last year and paid $137,658 in federal income taxes. That works out to a 23.8% tax rate, more than the average of roughly 14% for all U.S. households.
The Bidens' income has dropped since 2019, when they earned nearly $1 million, primarily from book sales, speeches and their teaching positions at the University of Pennsylvania and Northern Virginia Community College. The former vice president and Delaware senator often notes in speeches that he was once the poorest lawmaker in the Senate, so much so that he could not afford a home in Washington and had to commute by Amtrak.
As president, Biden earned a salary of $400,000. His wife, Jill, was paid $82,335 for her job teaching at Northern Virginia Community College. They paid state taxes of $29,023 in Delaware and $3,129 in Virginia.
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Bidens report an adjusted gross income of $579,514President Joe Biden and First Lady Jill Biden reported a federal adjusted gross income of $579,514, according to their 2022 federal income tax returns released by the White House Tuesday.
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