WASHINGTON — President Joe Biden and first lady Jill Biden reported Tuesday that they paid $169,820 in combined federal and state taxes on their 2022 returns.
The tax payments amounted to an effective federal income tax rate of 23.8% on federal adjusted gross income of $579,514, according to a White House statement.
The statement noted Biden, a former senator and vice president, has released a total of 25 years of tax returns, implicitly drawing a contrast with former President Donald Trump, who refused to release his returns during his four years in office.