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