Despite earning more money, Joe and Jill Biden paid less taxes in 2021 than in 2020

President Joe Biden and First Lady Jill Biden paid less federal taxes in 2021 than they did in 2020, despite making more money in 2021.

According to documents released by the White House Friday, Joe and Jill Biden reported $610,702 in earned income in 2021 and paid 24.6% in federal taxes. They had a profit of $607,336 the year before. Despite an increase in income of about $4,000, the Biden family paid approximately $7,000 less in federal income tax in 2021.

In 2020, the Bidens paid $157,414 in federal taxes, compared to $150,439 in 2021. According to the couple’s joint tax return, the couple also paid $30,765 in Delaware state taxes and $2,721 in Virginia state taxes.

Joe Biden’s $400,000 presidential salary, of which he received $378,333 owing to his inauguration on January 20, 2021, accounts for the majority of the couple’s income.

The President earned $67,116 from a teaching position at Northern Virginia Community College. Two S corporations, CelticCapri Corp. and Giacoppa Corp. reported an additional $61,995 in income.

The White House said in a statement that “with this release, the President has shared a total of 24 years of tax returns with the American public, once again demonstrating his commitment to being transparent with the American people about the commander in chief’s finances.”

Despite earning more money in 2021 than they did in 2020, they donated nearly half as much to charities in 2021 as they did in 2020.

Joe and Jill Biden donated $30,704 to charity in 2020. Last year, though, they only contributed $17,394 to charity. The Beau Biden Foundation, which honors Biden’s deceased son, received the highest donation in 2021.

Biden and his wife earned substantially less money in 2020 and 2021 than they did in 2019 when they reported about $1 million in income from teaching jobs and book sales. In addition, between 2017 and 2019, Biden is said to have earned over $16.5 million while out of the White House.

14 Responses

  1. If his last name would have been “Trump”…..This would be all over the news & then some!!!!!!!

  2. this shows how corrupt our leader is and the loop holes they can take we need a full investigation of all charities and Foundations but will never happen as long as Demos are in control

  3. I have a question ??? All other first lady ‘s had their faces on tv all the time like they where the most busiest house wives in the world .Schools had them visit. books, big speeches of all the great stuff they have to do at white house and around the country, WHAT HAS MRS. JOE BIRD !!! DONE LATE#LY ????>

  4. Did Biden declare the money he received from his son Hunter’s dealings in Ukraine. Russia, and China?

  5. I expected nothing less from a career criminal politician. He’s demeaning about others who oppose is criteria when all along he’s speaking about himself. He’s a bad joke no one wants to hear.

  6. And Trump didn’t take any pay while President but donated it all. The demrats tore his finances apart were is the Justice?

  7. Take this prick down and his son and brother the Biden crime family needs to be convicted of their crimes

  8. There all corrupt as hell wake up America hes been a politician his whole life hes never worked a real job were fid all his wealth come from ?

  9. It would be interesting to know if Joe Biden and his wife ever claim all the money they have been receiving from China, Russia and Ukraine?

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