Home World News Tax returns show Biden income spiked after leaving office

Tax returns show Biden income spiked after leaving office

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Tax returns show Biden income spiked after leaving officeDemocrat Joe Biden made more than $15 million in the two years since leaving the US vice presidency, according to tax returns released Tuesday, making him the wealthiest major 2020 challenger to President Donald Trump. The Democratic frontrunner’s income spiked to $11 million in 2017 from just under $400,000 one year earlier, when he was serving his final year as vice president. The majority of the $11,037,751 in 2017 income and the $4,580,437 in 2018 is attributable to book payments — Biden wrote “Promise Me, Dad,” and his wife Jill Biden penned “Where the Light Enters” — and “paid speaking engagements,” his campaign said in a statement releasing the tax returns.

Source: Yahoo.com