Bidens release returns showing they paid 24.6% taxes on $610,702 earnings

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It’s the second year President Joe Biden has released his tax returns from the White House, reestablishing a tradition that presidents make their filings public after President Donald Trump declined to do so.

By WILL WEISSERT, The Associated Press

Those totals, released on Friday, tax day, were similar to the Bidens’ 2020 returns, when they reported earning $607,336. They reported 25.9% of their income going to federal taxes then. Both this year and last were steep drops from 2019 for the Bidens, when they earned nearly $1 million, primarily from book sales, speeches and their teaching positions at the University of Pennsylvania and Northern Virginia Community College.

The couple gave $17,394 to 10 different charities in 2021. The largest gift was $5,000 to the Beau Biden Foundation, a nonprofit that works to combat child abuse named for their son, Beau, who died of brain cancer in 2015 at age 46.

 

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