Bidens paid 23.8% taxes on $579,514 earnings, returns show

By JOSH BOAK
Associated Press

WASHINGTON (AP) — President Joe Biden and his wife, Jill, made $579,514 last year and paid $137,658 in federal income taxes. That works out to a 23.8% tax rate, more than the average of roughly 14% for all U.S. households. The Bidens’ earnings have trended slightly downward over the past three years, after averaging more than $600,000 in 2020 and 2021. The median U.S. household income was $69,717 in 2021, according to the U.S. Census Bureau. The White House on Tuesday released the tax returns of the Bidens and Vice President Kamala Harris and her husband, Doug Emhoff.