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WASHINGTON (Reuters) -U.S. President Joe Biden and his wife Jill on Monday released tax returns showing that their income rose 7% to $619,976 in 2023 and that the couple paid 23.7% of their income ...
President Joe Biden and first lady Dr. Jill Biden earned $619,976 in 2023, according to their joint tax return released by the White House on Monday – the deadline date for Americans to file ...
The Bidens' 37-page return showed they paid $150,439 in federal income tax, $30,765 in Delaware income tax, and $2,721 in Virginia income tax. The first couple also reported contributions of ...
President Joe Biden and first lady Dr. Jill Biden earned $619,976 in 2023, according to their joint tax return released by the White House on Monday.
The economic policy of the Joe Biden administration, colloquially known as Bidenomics (a portmanteau of Biden and economics), is characterized by relief measures and vaccination efforts to address the COVID-19 pandemic, investments in infrastructure, and strengthening the social safety net, funded by tax increases on higher-income individuals and corporations.
President Joe Biden restored a long-standing presidential tradition Monday by releasing his tax returns, showing that 25.9% of the first couple's income went to the federal government in 2020.
Biden, the sitting Democratic president, released his income tax returns on the IRS deadline of Monday. Filing jointly with his wife, Jill, he reported gross income of $619,976 and paid a federal ...
Biden's proposed tax for the 2024 fiscal year sees an increase in tax rates for corporate, individual and capital gains income, which can result in negative returns thanks to inflation.