Joe Biden And Wife Pay $87,900 In Taxes
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WASHINGTON (CBSDC/AP) — For Vice President Joe Biden and his wife, Jill, this year’s tax return looks almost identical to last year’s.
Returns for 2011 released by the White House show the Bidens paid $87,900 in federal taxes on adjusted gross income of $379,035. Their income was $143 below their 2010 return, but their tax bill was $1,274 higher. In both cases, the effective tax rate was just over 23 percent.
On the latest return, the Bidens listed $5,540 in donations to charity.
Most of the couple’s income came from the vice president’s salary of $225,521 and Mrs. Biden’s wages of just over $82,000 for teaching at Northern Virginia Community College.
Dr. Jill Biden began teaching at the college in 2009 as an adjunct professor of English for two classes at the Alexandria Campus.
President Barack and First Lady Michelle Obama also released their 2011 tax returns on Friday.
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