President Joe Biden and first lady Jill Biden earned $619,976 in 2023, according to their joint tax return released by the White House on Monday, the deadline for Americans to file their taxes, according to the news agency. Reuters.
Most of the Bidens' income came from the president's $400,000 congressionally mandated salary, along with pensions. The first lady also earned $85,985 as a professor at Northern Virginia Community College.
“President Biden believes that all occupants of the Oval Office should be open and honest with the American people,” the White House said in a statement, “and that the long tradition of annually releasing presidential tax returns should continue uninterrupted.” .
It's an indirect criticism of former President Donald Trump, who refused to voluntarily release his tax returns while he was president. The House Ways and Means Committee released six years of Trump's tax returns in late 2022, including those from his time as president.
The White House also released the statement from Vice President Kamala Harris and Second Gentleman Doug Emhoff, showing that the couple earned $450,299 last year.
The vice president and her husband paid $88,570 in federal taxes on their income.
The couple gave $23,026 in philanthropy over the past year and have disclosed their tax returns for the past 20 years.
The president and first lady have released their tax returns for the past 26 years. His income increased from the $579,514 reported in 2022.
With the arrival of Biden to the White House, the tradition of the presidential couple revealing their income, which was interrupted during the presidency of Donald Trump, was resumed.
In justifying his decision then, Trump stated that he could not reveal his taxes because he was being investigated by the Internal Revenue Service (IRS). The agency stated at the time that the then president could make his tax returns public.
Finally, a House committee
released portions of Trump's taxes
for the years 2015 to 2020.
Trump was this Thursday attending the first day of his trial in New York for secret payments to porn actress Stormy Daniels, in which she is accused of falsifying documents.
Commenting on the release of President Biden's taxes, the White House said in a statement Monday that “President
Biden believes that all occupants of the Oval Office should be open and honest with the American people
, and that the long tradition of annually publishing presidential tax returns should continue without interruption.
The Trump campaign has not commented on the issue.