The US President Joe Biden and his wife Jill released tax returns showing that their income rose 7% to $619,976 in 2023 and that the couple paid 23.7% of their income in federal taxes.
Donald Trump, his republican opponent, broke with the tradition of presidents making their federal tax returns public, saying he was not able to do so while being audited by the Internal Revenue Service, even as the agency claimed he was free to release them. Mr Trump was in a New York courtroom yesterday for a historic criminal trial, one of several legal matters that has implicated the ex-president's personal finances.
Mr Biden and his wife earned four-fifths of their income from their jobs as US president and teacher at Northern Virginia Community College, respectively.
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