US President Joe Biden and First Lady Jill Biden released their 2021 tax return this Friday. RT in Spanish.
In it documentthe Bidens report a total income of $610,702 and what did they pay $150,439 in federal income taxes, $30,765 in state taxes to Delaware and $2,721 in income taxes to Virginia, where Jill Biden teaches at Northern Virginia Community College (NOVA).
The income declared by the couple is similar to that reported in 2020, when they also claimed to have earned just over $600,000.
The president’s salary is $400,000, plus an expense account of approximately $50,000, as established by Congress. A tax rate of 24.6%.
Based on the documents, entering the White House appears to have negatively impacted the Bidens’ earning capacity, as in 2019 reported revenue of $985,223.
For her part, Vice President kamala harris and her husband Douglas Emhoff also released their 2021 tax return, disclosing income of approximately $1.7 million, for which they paid $523,371 in federal income taxes, a rate of 31.6%.
Biden has been charged with tax evasion in the past, allegedly taking advantage of a loophole to avoid paying more than Half a million dollars in payroll tax. The couple would also have used the corporate privacy laws of Delaware to hide your financial information from the public.
During the four years Biden spent out of the White House, between the Obama Administration and his election in 2020, he earned at least $17.3 million in book sales, speaking fees and other opportunities enjoyed by former top government officials.
Many of his relatives have also taken advantage of the family name to become fabulously wealthy. The most notorious is his son Hunter Bidenwhat payment a five-figure monthly salary on the board of directors of the Ukrainian energy company burisma despite not having experience in the sector. Hunter is currently being investigated by dubious businesss financial in China. The president, however, insists that his son did nothing illegal.
The entrance Reveal the earnings and taxes paid by Joe Biden and his wife was first published in diary TODAY.
