Biden releases tax return, showing AGI of $611K and federal income tax rate of 24.6%

37501 biden releases tax return showing agi of 611k and federal income tax rate of 24 6

The White House on Friday released 2021 tax returns for President Joe Biden and Vice President Kamala Harris as well as their spouses, saying the Bidens reported adjusted gross income of $610,702 and an effective federal income tax rate of 24.6%. This year’s federal income tax deadline is Monday, April 18.

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Victor Reklaitis is MarketWatch’s Money & Politics reporter and is based in Washington, D.C. Prior to joining MarketWatch, he served as an assistant editor and reporter at Investor’s Business Daily. Before IBD, he worked for several newspapers in Virginia. Follow Victor on Twitter at: @vicrek.

Source: Marketwatch

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