Joe Biden

Tax Records Reveal Joe Biden “Doing-well” After Leaving Office

in Politics

Former Vice President Joe Biden, who always refers to himself as the “Middle Class Joe” and “poorest man in congress”, seems to be doing well following his resignation in 2017.

As per the tax records provided by his presidential campaign, it seems that the former vice president and his wife, Jill, have earned more than $15 million in two years from the time he left the office.

It is believed the main source of the income for the Biden couple has been speaking engagements that have brought in incomes in six-figures, along with the payments received for writing two books. Joe Biden has supposedly received $13.3 million out of $15.6 million of two year’s total income from his books.

The total income of the Biden couple has been a huge jump from the income of $397,000 during the last year of the Obama administration. And as per the details of the federal and state tax records, the former vice-president and his wife are said to have earned about $11 million in 2017 and $4.58 million in 2018.

He has also received an income of more than $776,527 for being a professor at the University of Pennsylvania in 2017 and 2018. During his time at the university, Joe Biden took the role of Benjamin Franklin presidential practice professor. His wife, Jill earned more than $90,000 in last two years during her time as a professor at Northern Virginia Community College.

Not only Biden but his three closest rivals, Sen. Kamala Harris, Sen. Elizabeth Sanders and Sen. Bernie Sanders are also millionaires, with the latest 2020 race entrant Tom Steyer being a billionaire

Tax records released by the presidential campaign also shows that Joe and Jill have paid much higher federal taxes.

The increase in the income of the Democratic hopeful Joe Biden post being a vice president shows that he can manage the economy and improve it further. It is yet to be seen if he is able to gain the supporters and prove the same to them.

Leave a Reply

Your email address will not be published.


Latest from Politics

Go to Top