Joe Biden and first lady release 2022 tax returns showing joint income of $579K
Brady Knox
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President Joe Biden and first lady Jill Biden released their 2022 tax returns, showing a joint income of $579,514.
In a press release accompanying the release, the White House stressed the need for transparency and credited the president for releasing “the most tax returns of any president while in office.”
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“Today, the President and First Lady released their 2022 federal income tax return. With this release, President Biden has shared a total of 25 years of tax returns with the American public. Once again demonstrating his commitment to being transparent with the American people about the finances of the Commander-in-Chief, President Biden has released the most tax returns of any president while in office,” the press release read.
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The Bidens paid $169,820 in combined federal, Delaware, and Virginia income taxes, with an effective federal income tax rate of 23.8%. The White House also touted the charitable contributions the president and first lady made, with the couple contributing $20,180 to 20 different charities last year.
Vice President Kamala Harris and second gentleman Douglas Emhoff released their tax returns as well, with a federal adjusted gross income of $456,918. They contributed $20,000 to charity.