By Sudouest.fr with AFP
Joe Biden and his wife, Jill, declared around $600,000 in income in 2021 and paid $150,000 in taxes. By publishing his tax return, the American president is reviving a tradition, abandoned under the mandate of Donald Trump
US President Joe Biden, who has promised the utmost financial transparency, and his wife Jill Biden have declared just over $600,000 in income to the federal tax office for 2021, the White House said on Friday. The presidential couple declared 610,702 dollars, and paid 150,439 dollars in income tax, a tax rate of 24.6%, details the American executive.
By publishing their tax returns, the president and his wife, the first First Lady to work, as a university professor, have revived a tradition dating from the 1970s and interrupted by the previous president, Republican Donald Trump.
Vice President Kamala Harris and her husband Doug Emhoff reported an annual income of $1.6 million in 2021 to the federal tax office, and paid $523,371 in income tax, a rate by 31.6%.