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McClatchy: Biden tax returns prove he's not wealthy by Senate standards

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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-12-08 05:45 PM
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McClatchy: Biden tax returns prove he's not wealthy by Senate standards
It's so nice that there's no drama surrounding this.

Biden tax returns prove he's not wealthy by Senate standards

By David Lightman | McClatchy Newspapers



WASHINGTON — Sen. Joseph Biden and his wife, Jill, earned $319,853 last year, according to tax returns released Friday, making them one of the least wealthy U.S. Senate families.

The Democratic vice-presidential nominee's income also puts him well behind the two major presidential contenders' families. Alaska Gov. Sarah Palin, the Republican vice-presidential nominee, has not released her returns.

Biden made 10 years of documents public. His most recent filing listed his Senate income of $161,708, while Jill Biden earned $66,546 from her job teaching English at Delaware Technical and Community College.

Joe Biden, a Delaware senator since 1973, also earned $71,000 in royalties for his 2007 memoir, "Promises to Keep: On Life and Politics," and $20,500 for a law course he teaches at Widener University in Chester, Pa.

The Bidens listed $62,954 in itemized deductions, including $14,912 for state and local income taxes and $11,604 for real estate taxes. They also deducted $38,712 in home mortgage interest.

more...

http://www.mcclatchydc.com/227/story/52377.html
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gateley Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-12-08 05:49 PM
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1. It was also covered on cnn.com -- (I posted it here).
The comments were OVERWHELMINGLY in support of Biden.

Very impressive. Great integrity.


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