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Obama pays $162,074 in taxes on $789,674 income

April 13, 2012 RSS Feed Print

Vice President Joe Biden and his wife, Jill, filed tax returns similar to last year's. The Bidens paid $87,900 in federal taxes on adjusted gross income of $379,035. Their income was $143 below their 2010 return, but their tax bill was $1,274 higher. In both cases, the effective tax rate was just over 23 percent.

On the latest return, the Bidens listed $5,540 in donations to charity. Most of the couple's income came from the vice president's salary of $225,521 and Mrs. Biden's wages of just over $82,000 for teaching at Northern Virginia Community College.

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Associated Press writers Anne Gearan, Steve Peoples, Ben Feller and Stephen Ohlemacher contributed to this report.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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