President Joe Biden and First Lady Jill Biden‘s tax returns for the year 2022 have been made public, giving us insight into the financial landscape of the First Family. Consistent with his commitment to transparency, Biden is the first president since Barack Obama to release his complete tax returns.
According to the returns, the Bidens’ joint income amounted to a total of $607,336. This sum represents their income from their government salaries along with additional earnings from various sources, such as speaking engagements and book royalties. While the President’s salary is a fixed sum, the First Lady, a long-time educator, also earned a significant income from her various professional pursuits.
The Bidens’ financial openness is in stark contrast to the prior administration, which was marked by an ongoing controversy regarding the release of tax returns. This return to a more traditional approach signals a commitment to transparency and serves as a demonstration of adherence to the values of public accountability.
In conclusion, the 2022 tax returns of the Bidens give us a glimpse into the financial earnings of the First Family. Their willingness to share this information reaffirms their commitment to upholding the standards of transparency expected of public servants.