President Joe Biden and First Lady Jill paid less federal taxes in 2021 than in 2020, despite the couple earning more income in 2021.
In 2021, Joe and Jill Biden reported $610,702 in earned income and paid 24.6 percent in federal taxes. In the year prior, they reported $607,336 in earnings. Despite the nearly $4,000 increase in income, the Biden family paid almost $7,000 less in federal income tax for 2021.
The Bidens paid a $157,414 tax bill in 2020, compared to $150,439 in federal taxes for 2021. The couple also paid $30,765 in Delaware state taxes, and Jill Biden paid $2,721 in Virginia state taxes, according to the couple’s joint tax return.
A majority …