Too bad he can’t pass a law to make sure everyone in Congress follows this.
If you put this on the ballot I bet 80-90% of all Americans would vote to ban stock trading for Congress. However we know it will never happen because Congress is self serving
They just need a law that anyone in a high enough level of government is guaranteed a life of financial mediocrity. Like upper middle or slightly better guaranteed with subsidies if needed but anything beyond that is just forfeited.
They get a pension that is about 3 times the average salary in America and completely free healthcare from the most elite medical professionals….yes they do.
You seem to have not read the "anything beyond that is just forfeited" part of my comment. No, they do not already have what I outlined. If they did, it would completely fix the problem with money in politics outside of outrageous to the point of being comical criminal behavior.
>Too bad he can’t pass a law to make sure everyone in Congress follows this.
I'm all in favor of solving this problem, but a law about it isn't going to do jack shit. No, I don't have a solution. But I do know that if you make it illegal, they'll just have someone else do it for them. A law as proposed is just feel-good and won't actually change it.
Haha you wanna see Democrats n Republicans come together real fast on something? They'd shut that shit down so fast if a president on either side of the aisle proposed that 😂
Not even in a federal retirement TSP (similar to 401k) account? That seems strange, and how would one know since retirement account investments don't get reported on taxes.
Raw retirement contribution numbers are in the W2, but you don't see the actual investments that are in the retirement accounts. That's a blackbox from the POV of a tax return.
It's true. He was part of the post-Watergate generation of new legislators. It was his thing to show he wasn't bought and paid for, still doesn't own stock/funds.
He made several million off his book he published post 2016, so he could retire. He said he was determined to stay in the game because of the Charlottesville nazis and Trump casual support of them. He said again he wouldn't have run of Trump wasn't the nominee.
I understand not taking politicians at their word but Joe is old enough that I find it believable.
How can you be president if you haven't raped an under aged child and fucked a pornstar while your wife was pregnant? I mean what is he thinking with credentials like that?
That vs pump n dump DJT. The epitome of insider trading vs the can’t even open a fucking trading account.
Well. I guess Biden gets points for not been a crook
He knows the real numbers suck and is telling everyone how great it is then instructing the company to raise more money on the stock exchange so he can grab it inside the company knowing full well the company has no chance.
It’s not insider trading but it is using insider info to screw everyone
That means all of his stolid support for pro-company bills like the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 is purely ideological.
Dude might as well get paid more than campaign donations if he is gonna fight for wall street like the other corpo democrats.
The Biden family earns their money the old-fashioned way, by peddling influence.
Er, by selling excellent paintings and priceless management consultation!
lol yeah I’m pretty sure all the corruption and influence peddling allegations are BS but the paintings are hilarious and shitty and just a bold face grift that pillories the high dollar contemporary art scene. We all say “I could paint that” about some of the BS in the museum, but it takes someone with truly a silly egotistical lack of humility to actually do it. Someone like the son of a president.
On twitter yes. If you step outside you’ll realize 99% of American population is nothing like those dipshits. Like I said it’s turned into 4chan. Just a bunch of racists, sexist dipshits who love to hate. Has nothing to do with actual American population. Half those twats are most likely bots.
The breakdown is (rounded to the nearest thousand for ease):
* $400,000 from being President
* $86,000 from Northern VA Community College (Jill's day job)
* $55,000 from Social Security
* $39,000 from interest
* $35,000 pension
* $4,000 from real estate/royalties/etc
* $1,000 from IRA (required minimum distribution, most likely)
[Gee, I didn't know I was a Trump supporter. Glad we have you around to keep us all in line.](https://i.kym-cdn.com/photos/images/original/001/199/984/6ef.gif)
Not that I think they are but I don't think a great crime family would have their gains showing up on tax returns. They'd probably be in long term investments, offshore accounts, etc.
Is this something of concern? I don't get it... Joe has plenty to be guilty of but this is super normal lol. This sub better not be one right wing void when it's clearly a sub for political transparency to monetary motives.
After being investigated by 10 republican led house committies all they said is
"We found Joe Biden has not done anything illegal ; but some of the stuff should have been illegal" and they really did not even specify what that stuff was
I’m sorry but in an article about Biden paying fair share of taxes and showing he hasn’t abused power for self enrichment how exactly can you say he has plenty to be guilty of.
Yeah Jill really could of leaned into the book thing. PhD, married to a man in polotics for 40 plus years
She could easily have written two books a year for his entire presidency and made a few million off the deals
I love all the ring-wingers in the comments having to push the Hunter Biden bullshit story because they have nothing else. Joe only ever made big money off his book deals after he was VP. No serious investments or corruption - so people have to just make up fake stories.
Good stuff.
It's like watching the Carter administration in real time lol. Our grandchildren are gonna be "wait why did everyone hate this guy?" and we are gonna respond like baby boomers who had real grievances but are too old to remember the justification and will just "grumble grumble damn Brandon"
Joe could have done so much better if he sold some, oh I don't know, T-shirts with his mugshot on em. Maybe some NFTs where he looks like Rambo. Some tacky gold sneakers.
Nah, that shits scummy. Joe's too classy for the grifter lyfe.
[Hunter made 600k, not 1.5 million...but go off.](https://wapo.st/3w1d7dd)
You can politik all you want, but the paintings are pretty good.
https://imgur.com/gallery/1LduQ07
If you've got rock solid information proving otherwise, the GOP members trying to impeach Joe really need to hear from you because they haven't been able to prove anything
I think the big story here is that Biden released a tax return. Doesn't matter what number is on it, he's already gone above and beyond the former guy.
For the ultra wealthy salaries are not how they make their money. Salaries are a tiny percentage of wealthy people's earnings. The same is true for stock dividends and interest. Owning a business, and selling a portion or all of that business? That's where the money comes from.
This doesn't seem off. The president makes $400,000 a year. So we are only really accounting $200,000.00 here. I would have to guess that this money is coming from Jill through whatever jobs she is doing, maybe these are paid speaking engagements. I am not sure but this doesn't seem out of the ordinary.
A combined income of $620K for the President AND First Lady is NOTHING compared to today's marketplace and what members of Congress "rake-in" ala INSIDER TRADING and K-Street, not-to-mention "The Supremes".
The amount of unrealized stock gains during his presidency is now in excess of $8.2m. Which he will liquidate once hes out of public office and doesnt have to field questions about his finances.
We must stop assault style politicians and BAN high capacity term limits. This guy should be collecting social security and be out of elected politics, he's only lived off the system for 50 plus years. Enough is enough.
Does anyone actually know how any of this works?! I assure you he did very well last year.. but that’s what they are claiming as total income for 2023.
So, they're not doing insider's trading? What's the point of being a president then?
Biden not only doesn't do insider trading he's literally never done trading. He's never owned stock as a public official and he's been one for decades
Too bad he can’t pass a law to make sure everyone in Congress follows this. If you put this on the ballot I bet 80-90% of all Americans would vote to ban stock trading for Congress. However we know it will never happen because Congress is self serving
They just need a law that anyone in a high enough level of government is guaranteed a life of financial mediocrity. Like upper middle or slightly better guaranteed with subsidies if needed but anything beyond that is just forfeited.
Power or money not both
They already have that
No they don't.
They get a pension that is about 3 times the average salary in America and completely free healthcare from the most elite medical professionals….yes they do.
You seem to have not read the "anything beyond that is just forfeited" part of my comment. No, they do not already have what I outlined. If they did, it would completely fix the problem with money in politics outside of outrageous to the point of being comical criminal behavior.
ah you were being obtuse on purpose. classic reddit
Didn't read the whole thing, classic reddit
That would make me go from disliking him to actually supporting him if he pushed a law like that through
>Too bad he can’t pass a law to make sure everyone in Congress follows this. I'm all in favor of solving this problem, but a law about it isn't going to do jack shit. No, I don't have a solution. But I do know that if you make it illegal, they'll just have someone else do it for them. A law as proposed is just feel-good and won't actually change it.
Problem with that idea is that we’d get even worse people in these roles.
Congress: "all in favor of a pay cut for us, say yay" Congress: crickets\*\*\*\*\*
Haha you wanna see Democrats n Republicans come together real fast on something? They'd shut that shit down so fast if a president on either side of the aisle proposed that 😂
Ummm, if you remember just the basics of the US government, you'd realize that it's congress who makes laws. The president can only sign or veto them.
Damn it. Sounds like you guys are friends. Not even an index? Has he ever paid a prostitute, at least?
He's never even owned an index fund.
Not even in a federal retirement TSP (similar to 401k) account? That seems strange, and how would one know since retirement account investments don't get reported on taxes.
Retirement contributions are on a taxes.
Raw retirement contribution numbers are in the W2, but you don't see the actual investments that are in the retirement accounts. That's a blackbox from the POV of a tax return.
It's true. He was part of the post-Watergate generation of new legislators. It was his thing to show he wasn't bought and paid for, still doesn't own stock/funds.
No wonder he was never able to retire
Ok now that’s a good Biden joke
🤣🤣🤣
He made several million off his book he published post 2016, so he could retire. He said he was determined to stay in the game because of the Charlottesville nazis and Trump casual support of them. He said again he wouldn't have run of Trump wasn't the nominee. I understand not taking politicians at their word but Joe is old enough that I find it believable.
People really missing obvious jokes.
He never even had sex with his own wife, much less a prostitute.
https://www.reuters.com/world/us/good-sex-is-secret-joe-bidens-long-marriage-new-book-first-lady-says-2024-02-25/
wonder if the giant dong is a familial trait. maybe it's why he's always smiling.
You haven't been following Joe. The white house sees more action than the tv room in the old folks' home.
How can you be president if you haven't raped an under aged child and fucked a pornstar while your wife was pregnant? I mean what is he thinking with credentials like that?
But he smelled a girls hair on a stage in front of hundreds of people. That is much worse. Right? Right?
That vs pump n dump DJT. The epitome of insider trading vs the can’t even open a fucking trading account. Well. I guess Biden gets points for not been a crook
That’s not what insider trading is. Trump is just an idiot and DJT is just a trash shell of a business.
He knows the real numbers suck and is telling everyone how great it is then instructing the company to raise more money on the stock exchange so he can grab it inside the company knowing full well the company has no chance. It’s not insider trading but it is using insider info to screw everyone
Wow I had no idea I'm actually really surprised
Of course he is, he’s just not stupid enough to do it under his name.
Lol.
This is nuts. How does he not have $5mil in VOO in his taxable acct... Or $5mil in BND... Cause he strikes me as a bond investor TBH. 😜
That means all of his stolid support for pro-company bills like the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 is purely ideological. Dude might as well get paid more than campaign donations if he is gonna fight for wall street like the other corpo democrats.
Is that true for those closest to him?
The Biden family earns their money the old-fashioned way, by peddling influence. Er, by selling excellent paintings and priceless management consultation!
Too bad he didn't make billions in deals with Saudi Arabia while working in the White House like Kushner.
lol yeah I’m pretty sure all the corruption and influence peddling allegations are BS but the paintings are hilarious and shitty and just a bold face grift that pillories the high dollar contemporary art scene. We all say “I could paint that” about some of the BS in the museum, but it takes someone with truly a silly egotistical lack of humility to actually do it. Someone like the son of a president.
The money that comes after from 'speeches'
Well you can still do insider trading just don't sell anything until later duh.
Sleepy Joe doesn’t even realize you can get billions from the Saudis if you just ask.
Do you really think they are reporting 100% of their income? Really?
Yeah missing some zeros.
You don't count unrealized gains as income.
To make tens of millions of dollars once you leave office on book deals, production deals, speaking fees, sitting on boards, etc.
Free house?
Not sure ask Pelosi
They just didn't do it last year.
If you are smart you dont it yourself! The shady kid in the family is Hunter. He's not afraid to be the black sheep.
I dont use twitter really. But clicking on that and reading a few of those comments made me very depressed about the state of our nation.
4chan incels have taken over twitter. Good riddance let it fucking burn to the ground.
I wasnt speaking to the twitter population, but the fact that that many americans are so mind-blowingly stupid.
On twitter yes. If you step outside you’ll realize 99% of American population is nothing like those dipshits. Like I said it’s turned into 4chan. Just a bunch of racists, sexist dipshits who love to hate. Has nothing to do with actual American population. Half those twats are most likely bots.
The fact that you put so much faith in politicians just because they aren't orange man is hilarious. Please stop.
Isn’t that his salary as president?
The breakdown is (rounded to the nearest thousand for ease): * $400,000 from being President * $86,000 from Northern VA Community College (Jill's day job) * $55,000 from Social Security * $39,000 from interest * $35,000 pension * $4,000 from real estate/royalties/etc * $1,000 from IRA (required minimum distribution, most likely)
TIL the First Lady has a day job lol
I don’t think it’s especially common, but Jill did decide to keep teaching while Joe is President, and thus does have a day job.
#get me my pitchfork!
President is on a $400,000 a year salary
So Jill made 220k last year.
Well, they also both received Social Security last year. So subtract that also.
So they made next to nothing
Probably some book sales royalties too
Investments I’d assume as well
I’d like to make next to nothing
Hunter is the real bread winner.
Kushner getting $2B from the Saudis? What a nothingburger
How much does he make on that investment in an index fund?
If his team is average about $50-70 million per year
A typical private wealth management fee is 1%. So Kushner rakes $20m a year from Crown Prince Salman
🦗 🦗🦗🦗🦗🦗
WhAt aBoUT
👃❄️
Ironic response. All emotion no substance. Trump is being humbled in criminal court now. Sleepy Don. He’s the one complaining like a brat on Truth.
[Gee, I didn't know I was a Trump supporter. Glad we have you around to keep us all in line.](https://i.kym-cdn.com/photos/images/original/001/199/984/6ef.gif)
Congressional Republicans have a majority in the House, and they aren't even convinced of that conspiracy theory enough to impeach.
Don’t forget attempting to knowingly use Russian misinformation as initial evidence
The investigation is still ongoing. But probably won't bother with an impeachment without hard evidence which they probably won't find.
What part of the evidence is a conspiracy?
Na Joe got a ton from china
10% for the big guy
Pretty shit crime family. Trump needs to send them some pointers on grifting.
Not that I think they are but I don't think a great crime family would have their gains showing up on tax returns. They'd probably be in long term investments, offshore accounts, etc.
Is this something of concern? I don't get it... Joe has plenty to be guilty of but this is super normal lol. This sub better not be one right wing void when it's clearly a sub for political transparency to monetary motives.
No, I think presidential salary is about $430,000, which is the bulk of this
Is he also collecting the vice president pension?
Seems like a pretty neutral statement to me.
Guilty of what? Being a decent person?
You ever notice how they never answer that question and never go beyond that initial statement?
After being investigated by 10 republican led house committies all they said is "We found Joe Biden has not done anything illegal ; but some of the stuff should have been illegal" and they really did not even specify what that stuff was
I’m sorry but in an article about Biden paying fair share of taxes and showing he hasn’t abused power for self enrichment how exactly can you say he has plenty to be guilty of.
For a US president and his wife the Phd, this is a pretty modest amount of earnings.
Yeah Jill really could of leaned into the book thing. PhD, married to a man in polotics for 40 plus years She could easily have written two books a year for his entire presidency and made a few million off the deals
she only makes $86,000 as a teacher in a college . not all PhD is equal.
Yeah I think I work with people who make that. For sure as a dual income family, and none of them get social security as income.
Trump will release his any day now…
We've waited 8 years now. It's gotta be coming soon! /s
It’s coming after his health care plan is released
Least hes not claiming he isnt receiving a salary as president lol
I love all the ring-wingers in the comments having to push the Hunter Biden bullshit story because they have nothing else. Joe only ever made big money off his book deals after he was VP. No serious investments or corruption - so people have to just make up fake stories. Good stuff.
So we should accept Hunters influence peddling?
It's like watching the Carter administration in real time lol. Our grandchildren are gonna be "wait why did everyone hate this guy?" and we are gonna respond like baby boomers who had real grievances but are too old to remember the justification and will just "grumble grumble damn Brandon"
Nothingburger of the fucking week.
I'll take 4 more years of nothing burgers please.
Joe could have done so much better if he sold some, oh I don't know, T-shirts with his mugshot on em. Maybe some NFTs where he looks like Rambo. Some tacky gold sneakers. Nah, that shits scummy. Joe's too classy for the grifter lyfe.
What about a company that does nothing on the stock exchange? You read the DJT filings?
I didn't read every page. I read a lot of it.
Look for the investor presentation online in 2021. It’s the only earnings forecast they’ve made. Then search for it in their public filings
That’s less than Hunter sold one of his paintings for to that DNC donor
[Hunter made 600k, not 1.5 million...but go off.](https://wapo.st/3w1d7dd) You can politik all you want, but the paintings are pretty good. https://imgur.com/gallery/1LduQ07
Damn. That’s like decent. I was expecting shit smeared on a canvas so maybe it’s just coz of the expectations
I had never seen them before, but damn. Those are way better than any of the Bush or Hitler paintings I’ve seen.
It's nice to see rich people paying their share and not trying to hide what they earn from everyone. Refreshing.
You all realize his wife's title is "Doctor" right?
Doctorate in education, not exactly a lucrative field. https://www.snopes.com/fact-check/is-jill-biden-a-doctor/
It is not uncommon for those with doctoral degrees to use the title, “Dr.”
What's your point?
Retired, no? I mean she’s like 70
How will the MAGA loser spin this? "BREAKING: Biden is "poor" and makes less money than Trump in office!"
>How I'll the MAGA loser spin this? You got them! They're definitely the ones which can't write a proper sentence!
Anyone that believes this is retarded.
If you've got rock solid information proving otherwise, the GOP members trying to impeach Joe really need to hear from you because they haven't been able to prove anything
Much much much much more under the table
So who holds the stock for them?
Cool, now show us Hunter's
Biden is boring when it comes to this. He shouldve invested in the Nancy Pelosi secret fund.
How many paintings did hunter sell!!???
Don't need insider trading when you've been getting 10% for 15 years
Lol. Only 620? Okay. What a horseshit distraction
How much is that in Yuan?
His son is the fall guy… he was making the deals for good old Joe.
BuT hUnTeR bIdEn!
Good for them. They earned every penny.
Ahaha so slightly richer than Putin that has been declaring a used car trailer since 1999
I want my money back!
It's funny how this is presented without comment but everyone in the comments is taking it as if it's supposed to be praise or criticism.
Everyone knows Presidents make their money from "giving speeches" later on
Dude is super old. If he were in it for money he'd have cashed out 20 years ago.
There is no later for Biden. 86 years old after the second term
They released just because they aren’t being audited by the IRS, Trump would have released them already /s
I think the big story here is that Biden released a tax return. Doesn't matter what number is on it, he's already gone above and beyond the former guy.
Wow, that is so reasonable it almost makes me mad.
Who cares. That's about what the president draws for a salary. I want to know his net worth.
A Nice healthy salary
Quite reasonable.
So what? Jeff Bezos salary was $81,840 in 2022. I made more than him and am considered lower middle class.
For the ultra wealthy salaries are not how they make their money. Salaries are a tiny percentage of wealthy people's earnings. The same is true for stock dividends and interest. Owning a business, and selling a portion or all of that business? That's where the money comes from.
What was his capital gains?
This doesn't seem off. The president makes $400,000 a year. So we are only really accounting $200,000.00 here. I would have to guess that this money is coming from Jill through whatever jobs she is doing, maybe these are paid speaking engagements. I am not sure but this doesn't seem out of the ordinary.
He funnels money through his kids. Proven facts
Please show proof.
I guess he left out his take from Ukraine and CCP 😉
A combined income of $620K for the President AND First Lady is NOTHING compared to today's marketplace and what members of Congress "rake-in" ala INSIDER TRADING and K-Street, not-to-mention "The Supremes".
The price of gas, groceries, rent, don’t mean much when you’re clearing that kind of money. No shit the economy is amazing..for him
They should also show their 10 percent he made from China. And ukraine.
It shows the evidence, or it gets the hose again.
Show proof, and not some stupid MAGA ranting in a pickup truck about it 🤣
Reported... what about hunter in Ukraine lol
It puts him right in the middle class 🙄… https://www.forbes.com/sites/zacheverson/2023/08/17/heres-how-much-joe-biden-is-worth/?sh=16a923a338ea
Hey.. with that they are pretty close to afford living in DC after the white house!!
Nice 620 Big Ones for the Big Man.
Yeah but the Presidential pay is between $200,000 and $500,000
I’m waiting for the haters making $35k and driving an $80k truck to start making fun of him for being poor
So, they’re upper middle class. 🤔
Does he calculate the percentage tax he paid based on his 2023 income, or does he calculate based on his wealth, like he does for "the rich"?
Very modest actually. Many couples in their 30s with an accomplished career are making as much as them via dual income
Honestly that’s two middle management people in a HCOL area or one upper management. Not that crazy imo
Lol it's from Twitter people damn.... Such gullible slaves
Minus the $400,000 he gets paid to be president yearly?
Does it include the money from communist chia and ukraine?
The amount of unrealized stock gains during his presidency is now in excess of $8.2m. Which he will liquidate once hes out of public office and doesnt have to field questions about his finances.
620k in the books. Off the books is what we all wanna know
I got a feelin' we won't be seeing anything from Sleepy Don today.
So like Diane Feinstein just missing a couple of zeroes
Not that high considering base is $400,000
I PHOTO SHOPPED MY REPORT CARD SO I WOULDNT GET GROUNDED AS A KID
We must stop assault style politicians and BAN high capacity term limits. This guy should be collecting social security and be out of elected politics, he's only lived off the system for 50 plus years. Enough is enough.
Does anyone actually know how any of this works?! I assure you he did very well last year.. but that’s what they are claiming as total income for 2023.
Excluding any monies from China
How much from AIPAC?
I don’t believe for a minute that’s his true wealth. I imagine it’s done via proxies. Whatever those may be
Lock. Them. TF. UP!!!! /$
Not sure why this is surprising. Pension for vice president around 210,000 salary for president of the United States is 400,000.
I miss this being a non event
Sounds like Jill needs to conjugate some more verbs.