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bighairymike:
Yet somehow, with only a meager income from being a humble government employee for fifty years,Biden and his family has amassed a fabulous personal wealth. How was that accomplished? Speaking fees? Book royalties? Lottery winnings?Um. He's reported his earnings for decades. They're not a secret (like Trump's).
First, he made about $155,000 a year as a senator. Not a fortune but not "meager". And another $20,000 a year teaching. Jill earned about $60,000 a year from the State of Delaware. He got a pay raise to $230,000 a year as VP and Jill got a pay raise to $83,000 a year. The couple earned about $385,000 in Social Security benefits between 2009 and 2019. They also collected about $890,000 from pensions and annuities over the same time frame. But like most politicians of higher office, he made his fortune after leaving office with book deals and speaking engagements.
The Bidens reported an adjusted gross income of roughly $11 million in 2017 and $4.6 million in 2018. The bulk of that number came from a multi-book deal with Flatiron Books valued at $8 million, but the Bidens also earned a sizable income from speaking engagements, which usually ranged from $40,000 to $190,000 per appearance.
The year he left the White House, the former vice president handed over $3.7 million in federal income tax ' or about 5,000 times the $750 that President Donald Trump reportedly paid.
Again, all public information.
https://www.townandcountrymag.com/society/politics... 