America’s first family’s income last year is here! Data shows that the Bidens' income in 2023 will be US$619,976 (approximately RMB 4.488 million), an increase of approximately US$40,000 compared to 2022.
According to US media reports on April 15, the White House released the 2023 joint tax returns of US President Biden and First Lady Jill on April 15. The returns showed that their income in 2023 was US$619,976. They paid $146,629 in federal income taxes, meaning the first family's effective federal income tax rate was 23.7%.
The White House released a new federal tax return on April 18 last year. The return showed that the household income of US President Biden and First Lady Jill Biden in 2022 was US$579,514 (approximately RMB 3.992 million) ), of which Biden’s annual salary as president is US$400,000, and they pay US$169,820 in income tax, including US$137,658 in federal income tax, with a tax rate of 23.8%. The Bidens' income has dropped by about $31,000 compared with 2021.
Disclosure of personal tax records is a political practice for U.S. presidents and presidential candidates. Every president since Richard Nixon has released their tax returns.
However, this convention was broken during the Trump era. During his term in office, Trump has always refused to proactively disclose relevant information on the grounds of "tax audit", and the resulting judicial litigation has reached the U.S. Supreme Court. It was not until the end of December 2022 that the Ways and Means Committee of the U.S. House of Representatives released Trump’s tax returns from 2015 to 2020.
According to reports, the White House said in a statement on April 15: "President Biden believes that everyone in the Oval Office should be open and honest with the American people, and the long-standing tradition of annual release of the President's tax returns should continue without disruption. Go on."
Last year, the White House said: "President Biden has once again demonstrated his insistence on making the president's financial status public. President Biden has released the most tax returns of any president during his administration. "
These statements may be criticized. Considered a great satire of former President Trump.
According to a joint poll released by the New York Times and Siena College, an American private university, on April 13, current President Biden has almost wiped out Trump’s early poll advantage. Polls show that Trump's support rate is 46%, only 1 percentage point ahead of Biden.
The competition between Biden and Trump has become even more "intense". People on earth may be used to watching them seize the opportunity to "smear and ridicule each other" openly or covertly.
Text丨Reporter Lin Liai
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