• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy Bidens report adjusted gross income of $579,514
Economy

Bidens report adjusted gross income of $579,514

by April 19, 2023
by April 19, 2023 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

President Joe Biden and first lady Jill Biden reported a federal adjusted gross income of $579,514, according to their 2022 federal income tax returns, which were released by the White House on Tuesday.

The president and first lady filed their income tax return jointly and paid $169,820 in combined federal, Delaware and Virginia income taxes, according to the records reviewed by Fox News Digital.

The president and first lady paid $137,658 in federal income tax and $29,023 in Delaware income tax. The first lady also reported paying $3,139 in Virginia income tax – from her teaching at Northern Virginia Community College.

An annual presidential salary is $400,000.

In 2021, the president and first lady reported a federal adjusted gross income of $610,702. In 2020, the first couple earned $607,336, which was down from the $985,223 they reported in 2019.

The Bidens’ 2022 effective federal income tax rate was 23.8 percent.

The first couple also reported contributions of $20,180 to 20 different charities, with the largest gift being $5,000 to the Beau Biden Foundation.

The first couple also donated to the National Fraternal Order of Police Foundation, St. Joseph on the Brandywine Church, which is the Bidens’ home parish, and the Tragedy Assistance Program for Survivors, among other charities.

The White House said Biden has released 25 years of tax returns to the American public, which it says demonstrates his ‘commitment to being transparent with the American people about the finances of the Commander-in-Chief.’

Meanwhile, the White House also shared the tax returns of Vice President Kamala Harris and second gentleman Douglas Emhoff.

The second couple reported a federal adjusted gross income of $456,918. They paid $93,570 in federal income tax, with a 2022 effective federal income tax rate of 20.5 percent.

Harris and Emhoff also paid $17,612 in California income tax. Emhoff paid $9,697 in District of Columbia income tax. 

The second couple contributed $23,000 to charity in 2022.

Brooke Singman is a Fox News Digital politics reporter. You can reach her at Brooke.Singman@Fox.com or @BrookeSingman on Twitter.

This post appeared first on FOX NEWS
You Might Also Like
  • Team DeSantis campaign staff is assembled – and it includes ex-Trump officials
  • New Hampshire officials subpoenaed in youth detention center sex abuse investigation
  • San Francisco Mayor London Breed blasts homeless coalition: held city ‘hostage for decades’
  • Hunter Biden files to dismiss indictment on gun charges in Delaware, citing collapsed plea deal
Share
0
FacebookTwitterPinterestWhatsapp

previous post
US charges diamond, art dealer allegedly tied to Hezbollah with evading sanctions
next post
Judge: Mississippi must allow religious exemption from school vaccine requirements

You may also like

Texas Gov. Abbott spotlights push to impeach Homeland Security Secretary...

January 17, 2023

Liberals turn on New Mexico governor over gun suspension: ‘Violates...

September 11, 2023

Americans view Harris as more honest than Trump, but trust...

August 14, 2024

Biden says ‘anyway’ at least 9 times while trailing off...

July 12, 2024

Biden repeatedly claimed Hunter did ‘nothing wrong’ prior to special...

August 13, 2023

Biden’s handling of classified documents is concerning, should be handled...

January 17, 2023

Wisconsin to consider parole transparency law

March 2, 2023

Biden campaign reaches out to Nikki Haley voters in new...

March 30, 2024

Indiana parental rights bill would require teachers to report students’...

February 21, 2023

House Oversight, Judiciary to hear testimony from another Biden family...

February 1, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Week Ahead: NIFTY Stays In A Defined Range; Moving Past This Level Crucial For Resumption Of Upmove

      May 31, 2025
    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

      May 31, 2025
    • Leadership Rotation Could Confirm Corrective Phase

      May 30, 2025
    • Run Your Stock Portfolio Like a Pro Sports Team

      May 30, 2025
    • U.S. foreign tax bill sends jitters across Wall Street

      May 30, 2025

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,765 views
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,472 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,451 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,432 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,309 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,106)
    • Investing (538)
    • Stock (2,582)

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 3

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Week Ahead: NIFTY Stays In A Defined Range; Moving Past...

      May 31, 2025
    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right...

      May 31, 2025
    • Leadership Rotation Could Confirm Corrective Phase

      May 30, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,106)
    • Investing (538)
    • Stock (2,582)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    Trump guilty verdict reveals split among...

    May 31, 2024

    Biden admin touts 70% drop in...

    May 21, 2023

    Mike Pence pushes for national 15-week...

    June 26, 2023
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here