Leading the Alternative World Order

Reshaping Perspectives and Catalyzing Diplomatic Evolution

Wednesday, December 6, 2023
NewsWhite House releases 2022 tax returns for president and first lady

White House releases 2022 tax returns for president and first lady

The White House on Monday released President Joe Biden’s income statement, which shows the president’s income in 2022 was little changed from the previous year, even despite a decrease in the amount of royalties for his published books.

In 2022, Biden received $2,500 to $5,000 in royalties, far less than the $30,000 the president received from publishers a year earlier. He also earned less than $3,000 from “spoken and written performances”. Last year, the president received nearly $30,000 for his speeches.

The statement also reflects First Lady Jill Biden’s income. Its book publishing royalties have also declined. She earned between $5,000 and $15,000 in 2022, up from $15,000 to $50,000 from book sales the previous year.

According to the statement, the presidential couple’s total assets are estimated to be between $1.09 million and $2.57 million.

The Bidens still owe the bank $250,000 to $500,000 on the mortgage they took out to buy their home in Delaware, as well as $45,000 to $150,000 in other loans.

In April, the Bidens released their federal tax returns, recording nearly $580,000 in income last year. According to the current rate of this income, they paid income tax in the amount of 23.8% to the federal treasury.

The annual salary of the President of the United States is $400,000. Jill Biden, who teaches English at Northern Virginia Community College, earns $82,335. The rest of the income was collected by the presidential couple from investment income, payments from retirement and social security accounts, as well as from a company that collects royalties from the Bidens for the books they wrote.

Read the Ukraine War News Latest Today on The Eastern Herald.

For the latest updates and news follow The Eastern Herald on Google News, Instagram, Facebook, and Twitter. To show your support click here.


News Room
News Room
The Eastern Herald’s Editorial Board validates, writes, and publishes the stories under this byline. That includes editorials, news stories, letters to the editor, and multimedia features on easternherald.com.

Public Reaction



Subscribe to our Newsletter

- Gain full access to our premium content

- Never miss a story with active notifications

- Exclusive stories right into your inbox