During their first year in the White House, President Joe Biden and his wife paid over a hundred thousand dollars in federal income taxes. It was a tax rate of 24.6%, which was well over the average rate for all Americans. The Bidens reported earning $607,336 as they ran for president in 2020. The federal income tax rate was reported by them. The national median household income was over 67,000 dollars in 2020. It is the second year in a row that Biden has released his tax returns from the White House, reestablishing a tradition that presidents make their tax returns public. The Bidens earned nearly $1 million in the last year, but this year and last they earned less. While serving as first lady, Biden still teaches in Virginia. Biden earned $378,333 as president, his $400,000 annual salary minus the time before noon on Inauguration Day, and his wife received 67,116 for her teaching. The couple gave a lot of money to different charities. The Beau Biden Foundation, a nonprofit that works to combat child abuse named for their son, Beau, who died of brain cancer in 2015, received the largest gift. The Bidens paid $30,765 in state income tax in Delaware. The first lady paid $2,721 in Virginia state income tax. The Vice President and her husband paid a federal income tax rate of 31.6% on their income of $1,655,563 in 2021. Harris and Emhoff paid income taxes in California and New York. The second gentleman, who teaches at Georgetown Law School, paid District of Columbia income tax of over fifty thousand dollars and his wife contributed over twenty thousand dollars to charity. The transparency of Biden's personal finances was one of his campaign promises. It was a direct challenge to Trump, who argued for years that an audit prevented him from releasing his taxes, even though the IRS had mandated for four-plus decades that the tax returns of sitting presidents and vice presidents be audited. The New York Times obtained Trump's tax records and reported that he paid just $750 in federal income taxes during his first year in the White House. IRS figures show that the average tax filer paid around $12,200 in 2017, 16 times what the former president paid. The deadline for paying federal taxes is April 15. The deadline was extended to Monday, April 18. In their first year in the White House, President Joe Biden and his wife reported earnings that were in line with the previous year at an effective federal income tax rate of 24.6%, the White House said on Friday. The Bidens paid $150,439 in federal income tax. In the year before Biden ran for president, they reported $607,336 in income. President Joe Biden and his wife, first lady, released their tax returns on Friday, showing an income of $610,702 in their first year in the White Hous. A man builds a trap to catch a thief. 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