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

Wednesday, Apr 17, 2024

WASHINGTON: US President Joe Biden and his wife Jill on Tuesday released tax returns showing that their income rose 7 percent to $619,976 in 2023 and that the couple paid 23.7 percent of their income in federal taxes.

Biden released the data on the day US taxes for the prior year are due, and as the Democrat seeks re-election in 2024.

“President Biden believes that all occupants of the Oval Office should be open and honest with the American people, and that the longstanding tradition of annually releasing presidential tax returns should continue unbroken,” the White House said in a statement.

Trump’s campaign did not immediately respond to a request for comment.

Biden and his wife earned four-fifths of their income from their jobs as US president and teacher at Northern Virginia Community College, respectively.