VnExpress News The News Gateway of Vietnam
U.S. President Joe Biden who pledged transparency around his personal finances while in office and his wife Jill Biden reported a bit more than $600,000 on their federal tax returns for 2021, the White House said Friday.
The couple paid $150,439 in taxes on $610,702, for a tax rate of 24.6 percent, the White House said.
In publishing their tax information, the president and first lady — the first to work outside the White House, as a professor — are bringing back a custom dating back to the 1970s but interrupted by previous president Donald Trump.
Vice President Kamala Harris and her husband Doug Emhoff declared a 2021 income of $1.6 million on their federal returns, and paid a tax rate of 31.6 percent, or $523,371.
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