Axios reported today (Tax Day!) that “The president and first lady reported a combined adjusted gross income of $619,976, more than the roughly $580,000 they earned in 2022 and more than the $610,000 they earned in 2021.
The Bidens paid $146,629 in federal income tax and had an effective federal income tax rate of 23.7%, according to their returns.”
What we wanted to know is how much did he donate to charity?
Charitable contributions from President Joe Biden and Dr. Jill Biden, $20,180. Which is 3.25% of their income.
Their biggest charitable contribution is $5,000 to the Beau Biden Foundation.
The charitable itemization is here:
How does Pres. and Dr. Biden’s donating 3.25% of their gross income stack up with other Americans? Learn more here.
PS – Yahoo Finance reported that “Biden’s actual net worth is about $10 million, according to Forbes, which referred to him as “Middle-Class Joe” (though, in fairness, there’s nothing “middle class” about being worth $10 million).”
Note: the opinions expressed herein are those of Chuck Warren only and not his co-host Sam Stone or Breaking Battlegrounds’ staff.
