Biden and Harris Return to Tradition
With Release of 2020 Tax Returns.
On Monday, President Joe Biden and Vice President
Kamala Harris released their 2020 tax returns. .
The White House tradition was previously
interrupted by Donald Trump, who refused to release
his financial records during his term in office. .
Today, the President released his 2020
federal income tax return, continuing an almost
uninterrupted tradition. With this release, the
President has shared a total of 23 years of
tax returns with the American public. , White House, via statement.
According to the filings, Biden and First Lady Jill Biden
earned a joint $607,336 in 2020. .
Together, they donated about five percent of their income
to charity and paid $157,414 in federal income tax. .
Harris and her husband Doug Emhoff had an adjusted
gross income of $1,695,300 in 2020. .
The Vice President earned about $346,000 from her work
and they jointly donated more than $27,000 to charity.
Together, Harris and her husband
paid a total of $621,893 in taxes.
In his first two years in office,
Trump paid $750 a year in taxes.