How much does a US President earn? President and Vice President's tax returns released!
Joe Biden's annual salary as US President is $ 4,00,000 (Rs 3 crore 28 lakh). Apart from this, the US Parliament also provides him an expenditure allowance of up to $50,000 (Rs 41 lakh).
Tax return figures for 2022 have been made public by US President Joe Biden and Vice President Kamala Harris. According to this, the combined earnings of the US President and his wife Jill Biden in 2022 was $ 5 lakh 80 thousand (Rs 4 crore 76 lakh), which was less than $ 6 lakh 10 thousand 702 (about Rs 5 crore) in 2021. Both paid tax of $ 1 lakh 37 thousand 658 (about Rs 1.13 crore) on this income at the rate of 23.8 percent. Not only this, 3.5 percent of his earnings were also used to donate to 20 charities.
Significantly, as the US President, Joe Biden's annual salary is $ 4,00,000 (Rs 3 crore 28 lakh). Apart from this, the US Parliament also provides him an expenditure allowance of up to $50,000 (Rs 41 lakh).
Apart from this, his wife Jill Biden, who works at Northern Virginia Community College, earned $ 82 thousand 335 (about Rs 67 lakh 59 thousand) in 2022. Apart from this, the couple also gets money from investment interest, pension and other items. Both have shown total earnings of $5,79,514 in the year 2022.
How much does the US Vice President earn?
On the other hand, the 2022 tax returns of US Vice President Kamala Harris and her husband Douglas Emhoff have also been made public. The shared earnings of both have been shown as $4 lakh 56 thousand 918 (Rs 3 crore 75 lakh). Both have paid 93 thousand 570 dollars (about 76 lakh 81 thousand rupees) as income tax at the rate of 20.3 percent.
Kamala Harris's earnings as US Vice President is $ 2 lakh 19 thousand 171 (Rs 1 crore 79 lakh). Apart from this, he has shown an income of 62 thousand 870 dollars (51 lakh 61 thousand rupees) through the sale of his books.
On the other hand, her husband Doug Emholm, who teaches at the Georgetown University Law Center, has shown his salary of $1,69,665 (about Rs 1 crore 39 lakh). The couple has also donated five per cent of their earnings to charity.