{"id":224353,"date":"2024-04-16T14:50:17","date_gmt":"2024-04-16T14:50:17","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/04\/16\/president-biden-made-nearly-620000-last-year\/"},"modified":"2025-06-25T17:18:33","modified_gmt":"2025-06-25T17:18:33","slug":"president-biden-made-nearly-620000-last-year","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/04\/16\/president-biden-made-nearly-620000-last-year\/","title":{"rendered":"President Biden made nearly $620,000 last year"},"content":{"rendered":"<p> [ad_1]<br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2024\/04\/GettyImages-2148735551-e1713276777926.jpg?w=2048\" \/><\/p>\n<div data-cy=\"article-content\">\n<p>The tax man comes for everyone\u2014even the President.<\/p>\n<div class=\"paywall\">\n<p>Joe Biden and First Lady Jill Biden had a federal tax bill of $146,629 for 2023, the White House announced in a statement Monday. Vice President Kamala Harris and her husband Doug Emhoff paid $88,570 in federal taxes.<\/p>\n<p>\u201cPresident Biden believes that all occupants of the Oval Office should be open and honest with the American people,\u201d the White House <a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/statements-releases\/2024\/04\/15\/the-president-and-vice-president-release-their-2023-tax-returns-setting-new-record-for-transparency\/\" target=\"_blank\" rel=\"noopener\" class=\"sc-d963e821-0 eclfSM  \">said in a statement<\/a> on Monday, \u201cand that the longstanding tradition of annually releasing presidential tax returns should continue unbroken.\u201d<\/p>\n<p>That statement, of course, was a swipe at Donald Trump, who <a href=\"https:\/\/fortune.com\/2022\/12\/23\/donald-trump-tax-returns-why-they-are-such-a-big-deal\/\" target=\"_self\" rel=\"noopener\" class=\"sc-d963e821-0 eclfSM  \">declined<\/a> to <a href=\"https:\/\/fortune.com\/2022\/12\/31\/trump-tax-returns-red-flags-taxation-experts\/\" target=\"_self\" rel=\"noopener\" class=\"sc-d963e821-0 eclfSM  \">voluntarily release<\/a> his tax returns while in office.<\/p>\n<p>The Bidens made $619,976 last year, with the majority of that coming from the President\u2019s $400,000 salary, a figure that\u2019s mandated by Congress. Dr. Biden earned $85,985 from her teaching position at Northern Virginia Community College. They had a federal tax rate of 23.7%.<\/p>\n<p>Harris and Emhoff made $450,299 and were in the 19.7% tax bracket.<\/p>\n<p>When it came to state taxes, the Bidens paid $30,908 to Delaware as well as $3,549 to Virginia by Dr. Biden. The Vice President and Second Husband also paid $11,599 to California, while Emhoff paid $11,599 in District of Columbia income tax.<\/p>\n<p>Both the President and Vice President made substantial charitable donations. The Bidens reported $20,477 in contributions to 17 different charities, with the largest going to the Beau Biden Foundation. Harris and Emhoff contributed $23,026 to charities.<\/p>\n<p>Biden has <a href=\"https:\/\/fortune.com\/2022\/04\/16\/bidens-paid-25-percent-taxes-on-610702-earnings-returns-show-trump-white-house\/\" target=\"_self\" rel=\"noopener\" class=\"sc-d963e821-0 eclfSM  \">shared<\/a> 26 years worth of tax returns to date. His income has fluctuated in that time, but 2023 was a good year for the Bidens, with an additional $40,462 in income, compared to 2022. Harris and Emhoff made slightly less in 2023 than they did the year prior.<\/p>\n<\/div>\n<div class=\"sc-83cd12c6-0 gjLFAy article\" data-cy=\"subscriptionPlea\">Subscribe to CHRO Daily, our newsletter focusing on helping HR executive navigate the changing needs of the workplace. <a href=\"https:\/\/www.fortune.com\/newsletters\/chro-daily?&amp;itm_source=fortune&amp;itm_medium=article_tout&amp;itm_campaign=chro_daily\" target=\"_self\" rel=\"noopener\" class=\"sc-d963e821-0 eclfSM  \">Sign up<\/a> for free.<\/div>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/fortune.com\/2024\/04\/16\/biden-harris-taxes-2023-2024\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] The tax man comes for everyone\u2014even the President. Joe Biden and First Lady Jill Biden had a federal tax bill of $146,629 for 2023,<\/p>\n","protected":false},"author":1,"featured_media":224354,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[149],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/224353"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=224353"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/224353\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/224354"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=224353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=224353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=224353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}