Biden and his wife report $620,000 income in 2023 tax returns

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Biden and his wife report $620,000 income in 2023 tax returns
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WASHINGTON, April 15 (Reuters) — U.S.

WASHINGTON, April 15 — 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 in federal taxes. Biden released the data on the day U.S. taxes for the prior year are due, and as the Democrat seeks re-election in 2024.

He said if Biden “gets his way” people would be facing “colossal” tax increases. He included no information about his 2023 tax filing. Biden and his wife earned four-fifths of their income from their jobs as U.S. president and teacher at Northern Virginia Community College, respectively. Joe Biden drew a $400,000 wage, while Jill Biden earned $85,985 from her job teaching English at Northern Virginia Community College.

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