“President Biden Releases Tax Returns: A Commitment to Transparency”

2023-04-19 03:16:35

For once, the American president has differentiated himself from his predecessor by publishing his tax returns. Joe Biden and his wife Jill Biden, a still-working college professor, earned $579,514 (CHF519,734) last year and paid a total of $169,820 (CHF152,302) in taxes, it said on Tuesday. the White House. The Biden couple also donated $20,180 (18,098 francs) to charitable organizations last year, the statement said.

“With this publication, President Biden has brought to the public’s attention a total of 25 years of tax declarations”, indicated the American executive. The statement emphasizes the 80-year-old Democrat’s “commitment to transparency”, a mention certainly not innocent in the American political context.

The White House added that Vice President Kamala Harris and her husband Doug Emhoff declared $456,918 (409,784 francs) in 2022.

Much higher taxes than Trump’s

Joe Biden, who is increasingly signaling his intention to seek re-election, might face Donald Trump in 2024. However, the Republican, who has broken with the White House’s practice of tax transparency, is fighting for his part to keep his tax returns confidential.

Read also: Donald Trump’s tax returns released

A parliamentary committee voted last December to publish the billionaire’s six years of tax returns between 2015 and 2020.

For example, we learned that Donald Trump had paid only 750 dollars in taxes in 2017, his first year in the White House, then around a million in 2018 and 2019 … And nothing at all in 2020, the year of his loss to Joe Biden and where his earnings were in the red of $5 million.

1681878304
#Joe #Jill #Biden #earned #paid #taxes

Leave a Replay