What does the US president get Biden released tax returns

What does the US president get? Biden released tax returns

Together with his wife Jill, the two achieved an income of US$610,000 in 2021. For Vice President Harris and her husband, their first year in office meant a loss of income.

US President Joe Biden and his wife Jill earned a good $610,000 (currently €560,764.85) last year. This is in line with Biden’s 2021 statement, which the White House routinely released on Friday. The couple paid a total of around $184,000 in taxes. The government center emphasized that Biden has made 24 years of tax returns public to date.

Publication of tax returns is part of US policy towards the president and other high-ranking politicians. Biden’s predecessor, Donald Trump, has always refused to follow that tradition as president. Trump has long been embroiled in litigation around his financial and tax records, and is going to great lengths to prevent the release of documents. In 2020, in the midst of the presidential campaign at the time, the “New York Times” reported that the Republican had hardly paid taxes for years. Trump denied this.

According to the White House, U.S. Vice President Kamala Harris and her husband, Doug Emhoff, reported income of about $1.66 million in 2021, on which they paid about $700,000 in taxes. The New York Times wrote on Friday that income from the sale of a property and Harris’ memories contributed to their income. In 2019, the two had a total revenue of almost BRL 3.3 million. Harris was a senator at the time, and Emhoff had a lucrative job as a lawyer.

(APA/dpa)