Biden and his wife earned $620 thousand last year
Kyiv • UNN
In 2023, U.S. President Joe Biden and his wife Jill earned $620,000, paid $146,600 in federal income tax and $34,400 in state taxes, and donated $20,000 to 17 charities, including $5,000 to the Beau Biden Foundation.
US President Joe Biden and his wife Jill earned $620 thousand in 2023, the White House said, citing tax returns, UNN reports .
Details
Of this amount, the couple paid federal income tax of $146.6 thousand at a rate of 23.7%.
Joe Biden and his wife paid about $30.9 thousand in taxes in Delaware, where their home is located. Jill Biden also paid $3.5 thousand in taxes in Virginia.
Last year, the Bidens donated $20 thousand to 17 different charities. Of this amount, $5 thousand went to the Beau Biden Foundation, named after their deceased son.
In 2022, the annual family income amounted to $579.5 thousand. According to Bloomberg, the increase in income in 2023 is due to the salary increase of Jill Biden, a professor at Northern Virginia Community College. Also, income increased due to an increase in social security benefits.
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