Biden and Harris release their tax returns
CBSN
President Biden and First Lady Jill Biden earned a total of $579,514 and paid $169,820 in total federal and state taxes for an effective federal tax rate of 23.8% in 2022, according to copies of their returns obtained on Tax Day.
That's slightly less than the Bidens earned in 2021, when they reported a total of $610,702 in income. In 2022, the first couple donated $20,180 to 20 charities, with the largest gift of $5,000 going to the Beau Biden Foundation, a foundation named after the president's late son. Other charities they donated to include St. Joseph on the Brandywine, where the president attends church in Wilmington, Del., and the Fraternal Order of Police Foundation.
The president earned $400,000 from his day job, while the first lady reported $82,335 from her job as an English professor at Northern Virginia Community College, according to their tax records. She is the first first lady to have a full-time job while in the White House. The couple also reported some pension income. The Bidens don't have particularly complicated returns for a couple of their stature, reporting limited investments.
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