In fact, America has a law according to which the President and the Vice President have to make their financial information public.
Kamala Harris and Joe Biden (foil photo)
US President Joe Biden and his associate Vice President Kamala Harris (Vice President) have released their Income Tax Report. It has been revealed in this report that the tax paid by Kamala Harris and her husband was more than the total earnings of Biden and his wife. Figures released by the White House show that Biden and his wife Jill, who are teachers, earned $ 6,07,336 last year.
The income of the President and her husband has decreased compared to a year earlier because in 2019 their income was $ 9,85,223. Both paid tax of $ 1,57,414 last. Therefore, the effective tax rate was 25.9 percent. Talking about Vice President Kamala Harris and her husband Doug Amhoff, their total earnings last year were $ 16,95,225. The two together paid tax of $ 6,21,893 in 2020 and the effective tax rate was 36.7 percent.
ITR issuance is part of US law
Kamala Harris and her husband paid more tax than the earnings of Biden Couple. Please tell that Biden and his wife gave a sum of $ 30,704 for charity. This is 5.1 percent of their total earnings. Actually there is a law in America according to which the President and Vice-President have to make their financial information public.
Money paid in tax and charity
Biden Couple has given many taxes in different states of America as well. It also includes a $ 28,794 tax paid by Biden and his wife in Delaware and a $ 443 income tax paid by Jill Biden in Virginia.
At the same time, the Vice President and her husband also paid income tax of $ 1,25,004 in California. Similarly, Harris’s husband Doug Amhoff paid $ 56,997 in Colombia. Like Biden Couple, the pair have also donated money as charity. Both gave $ 27,006 in charity.
Also Read: Israel and Hamas War Begins at Sea After Land and Skies, Army Destroyed Hamas Submarine
Also read: 3100 rockets fired at Israel, Sulaimani’s vicious mind behind Hamas ‘new force’, did this big thing before dying
.