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Biden and his wife report $620,000 income in 2023 tax returns
  + stars: | 2024-04-15 | by ( ) www.cnbc.com   time to read: +3 min
President Joe Biden and his wife Jill on Monday released tax returns showing that their income rose 7% to $619,976 in 2023 and that the couple paid 23.7% of their income in federal taxes. Biden released the data on the day U.S. taxes for the prior year are due, and as the Democrat seeks re-election in 2024. Joe Biden drew a $400,000 wage, while Jill Biden earned $85,985 from her job teaching English at Northern Virginia Community College. The proportion of Joe Biden's income that went to federal taxes was roughly equal to the prior year. Biden's running mate Vice President Kamala Harris and her husband, Douglas Emhoff, also released a tax return showing $450,380 income for 2023, federal taxes of $88,570 and charitable donations of $23,026.
Persons: Joe Biden, Jill Biden, Jill, Biden, Donald Trump, Trump, Joe Biden's, Kamala Harris, Douglas Emhoff Organizations: White, Democrat, Republican, Internal Revenue Service, U.S . House, Northern Virginia Community College, Epilepsy Foundation, of Police Locations: Virginia, Washington , U.S, New York, Scranton , Pennsylvania, Pennsylvania
Washington, DC CNN —First lady Dr. Jill Biden isn’t holding back as her role in her husband’s reelection campaign comes into sharper focus. The first lady is juggling her campaign work with her official role and her full-time teaching job at Northern Virginia Community College. She’s going to go to a variety of areas in this country,” a source familiar with the planning said. Biden campaign advisers believe the first lady’s appeal has far reach – particularly with women and grassroots supporters and in moderate parts of the country. “Here’s the thing about men like Donald Trump - they underestimate our power because they don’t understand it,” she said in Atlanta.
Persons: Jill Biden isn’t, Donald Trump, “ I’ve, Joe, , Roe, Wade, , Harris, “ Donald Trump, she’s, Biden Jill Biden, “ She’s, Biden, ” Biden, Julie Chavez Rodriguez, SSRS, Harris ”, “ We’re, We’re, Dr . Biden, ” She’s, Trump Jill, Katie Rogers, Rogers, Trump, Hillary Clinton, Joe Biden, Kamala Harris, Jill Biden, “ Trump, Robert Hur, Beau Biden, Anita McBride, Laura Bush, Court’s Dobbs, Kate Cox, “ We’ve, “ It’s, ” McBride Organizations: DC CNN, Biden, Harris ”, Trump, CNN, White, Northern Virginia Community College, Paris, Democratic, , Super, Democratic Party, Arizona, Republican, what’s, Atlanta, Wine Locations: Washington, Atlanta, Georgia, Arizona , Nevada, Wisconsin, Italy, Israel, Tucson , Arizona, Houston, Texas
President Joe Biden departs the White House on September 15, 2023 in Washington, DC. Kevin Dietsch/Getty ImagesPresident Joe Biden's public schedule was clear Tuesday as his son Hunter Biden was in a Delaware courtroom pleading not guilty to federal gun charges. President Biden was kept abreast of the developments by his lawyers in between policy meetings with advisers. Hunter Biden hasn't been seen publicly at the White House in several months, but he is known to speak on a near-daily basis with his father. When Hunter Biden was indicted in September, the president was preparing for what the White House billed as a "major" economic address.
Persons: Joe Biden, Kevin Dietsch, Joe Biden's, Hunter Biden, Biden, — Hunter's, Jill Biden, Hunter, Hunter Biden hasn't Organizations: House, Getty, Ukraine, Arkansas —, Northern Virginia Community College, Justice Department, White Locations: Washington , DC, Delaware, Wilmington , Delaware, Arkansas, Lake
WASHINGTON (AP) — First lady Jill Biden tested positive for COVID-19 Monday but is experiencing only mild symptoms, her spokeswoman said. President Joe Biden was tested for the virus following his wife's positive test, but his results were negative. White House press secretary Karine Jean-Pierre said the president would continue testing regularly and would be monitored for symptoms. Jill Biden will remain at the couple's home in Rehoboth Beach, Delaware, for the time being, communications director Elizabeth Alexander said. President Biden then spent part of the Labor Day weekend at the Delaware beach house before traveling Monday to a union event in Philadelphia and then back to the White House.
Persons: Jill Biden, Joe Biden, Karine Jean, Pierre, Elizabeth Alexander, Alexander, Biden, COVID Organizations: WASHINGTON, White, Northern Virginia Community College, Idalia, Labor Locations: Rehoboth Beach , Delaware, Florida, Delaware, Philadelphia
(Warning: This article contains profanity in paragraph 3 that some readers may find offensive)A child did not shout an expletive toward First Lady Jill Biden during a visit to a school in August despite an edited clip shared online. The video shows Jill standing in front of a white board with students sitting behind tables and chairs, facing her. One user who shared the altered clip via X, formerly known as Twitter, said: “This is HILARIOUS!!!!! Another added in the comments under the video on TikTok: “love love love this! Another video of President Biden with the same audio digitally added to the clip was previously addressed by Reuters (here).
Persons: Lady Jill Biden, Jill, Joe Biden, Biden, Jill’s, Read Organizations: Northern Virginia Community College, D.C, Twitter, SPAN, Reuters, Washington D.C Locations: Washington
Two decades later, Nuñez and his wife Stefani Nicole Penaranda now have two children and six streams of income in Lucketts, Virginia. They own a snowplow business and seven real estate properties. Penaranda runs a day care and is a real estate agent, while Nuñez works in IT consulting and as a cybersecurity contractor. After high school, Nuñez began taking nursing classes at Northern Virginia Community College. "My idea to get to my goals faster was to have different streams of income and revenue," Nuñez says.
Persons: Eddie Nuñez, Nuñez, Stefani Nicole Penaranda, he's, Penaranda, didn't, Samantha Schutz Organizations: CNBC, Northern Virginia Community College, U.S . Border Patrol, University of Maryland Locations: Peru, Ashburn , Virginia, Lucketts , Virginia, Peruvian, U.S, Bolivian, Canada, Tacoma , Washington, Virginia, cybersecurity
At moments, the campaign rollout had the feel of a nostalgia tour, like an old band trying to recapture the magic of the past. The announcement was timed to the exact day of Mr. Biden’s kickoff four years earlier. The 2024 presidential race is expected to revolve around about half a dozen highly competitive states. Nevada and North Carolina, which has been just out of Democrats’ grasp in recent years, are expected to have heavy spending, as well. The call included, among others, the governors of Michigan, Pennsylvania and North Carolina.
A series of upcoming challenges, from the ongoing war in Ukraine to a still-uncertain economy, could provide hurdles to Biden’s reelection. The Washington beltway event may be indicative of what’s to come for the Biden reelection campaign strategy. “Just like four years ago—I’m off to teach and Joe’s launched his (re-election) campaign! Obama held his first reelection campaign rally in May 2012, 13 months after announcing his bid for a second term. The wait for a Biden reelection rally could be just as long.
The tax returns show that the Bidens donated about $20,000 to charity in 2022, including a $5,000 contribution to the foundation that honors Mr. Biden’s son Beau, who died of brain cancer in 2015. Vice President Kamala Harris and her husband, Doug Emhoff, also released their tax returns, which show that the couple paid about $93,000 in federal income taxes in 2022 on total income of about $456,000. They reported paying $17,612 in California income tax, and Mr. Emhoff, a lawyer, paid $9,697 to the District of Columbia. Ms. Harris and Mr. Emhoff reported donating about $23,000 to charity, including a $5,000 donation to Howard University, where Ms. Harris attended college. The income for Ms. Harris and Mr. Emhoff was significantly less than the previous year, when they reported making more than $1.6 million.
WASHINGTON, April 18 (Reuters) - U.S. President Joe Biden and his wife Jill released their federal tax return on Tuesday, showing the couple earned nearly $580,000 last year and paid an effective federal income tax rate of 23.8%. The Bidens also donated roughly 3.5% of their income, or $20,180, to 20 charities, including one associated with U.S. police unions. The Bidens reported 2022 federal adjusted gross income of $579,514 and paid $137,658 in federal income tax. Their charitable donations included contributions to churches and organizations focused on helping children and first responders, including $2,000 to the National Fraternal Order of Police Foundation. Vice President Kamala Harris and her husband, Doug Emhoff, reported federal adjusted gross income of $456,918, paying $93,570 in federal income tax for an effective federal income tax rate of 20.5%.
"Joe Biden wouldn't have run in '20 if Jill Biden had not wanted him to run and he won't run in '24 if Jill Biden doesn't want him to run," he told Insider. President Joe Biden and first lady Jill Biden watch fireworks go off on national mall from the White House on July 4, 2022, in Washington, DC. Jill Biden divorced her first husband after five years and married Joe Biden two years later. First lady Jill Biden tours a classroom at the James Rushton Early Learning Center in Birmingham, Alabama, on April 9, 2021. President Joe Biden and first lady Jill Biden arrive at Joint Base Andrews in Maryland on May 18, 2022.
WASHINGTON — Whenever his aides are pressed about President Joe Biden’s political future, they’ll often point to one person as the true decider: his wife of 45 years, Jill Biden. Eager to introduce herself to Gina McCarthy, then the president’s chief climate adviser, she gathered some flowers from a White House garden and brought them to her office, according to White House aides. When the realization of her new security restrictions sunk in, Jill Biden told her staff she didn’t want to become isolated. Journeys outside the protective cocoon of the White House expose her to the vitriol coursing through the nation’s politics. “I don’t pay attention because I just don’t want to hear it,” Jill Biden said.
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