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Bidens Reported Earning $580,000 and Paid $170,000 in Taxes in 2022

By Sophie Hawthorne
Published in Financial Planning
April 19, 2023
1 min read
Bidens Reported Earning $580,000 and Paid $170,000 in Taxes in 2022

I read this article about our boy Joe Biden and his taxes, and let me tell you, it’s juicy. Apparently, in 2022, Biden earned a cool $580,000 but only had to pay $170,000 in taxes. Must be nice, right?

But here’s the thing, Biden and his wife did donate a significant amount to charity, which could explain why their tax bill isn’t as high as one might expect for someone in their income bracket. Plus, he’s not doing anything illegal, so let’s not throw him under the bus just yet.

Personally, I find it interesting that political figures’ finances are always being scrutinized. It really makes you wonder what other skeletons are hiding in their closets. But it’s important for us to know how our elected officials handle their money because it can give us insight into their values and priorities.

Overall, the main takeaway here is that Biden is making bank, but his charitable donations are helping him keep his tax bill down. And while we may joke about it, taxes and financial transparency are crucial in holding our leaders accountable.


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Sophie Hawthorne

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