Democratic vice presidential nominee Delaware Senator Joe Biden and his wife, Jill released a decade of their personal financial records on September 12, 2008 to pressure Republican vice presidential candidate, Sarah Palin to release her financial recordsBusiness Week: Decade of Financial Records (September 12, 2008)
One of the reasons Palin has been asked to disclose her returns is to determine whether she paid taxes on the $16,951 in per diem payments she received for working out of her home in Wasilla, Alaska.Washington Post: Biden Releases His Tax Returns (September 12, 2008)
Incomes of the Other Candidates
- Barack Obama and his wife, Michelle: $4.2 million in 2007Business Week: Decade of Financial Records (September 12, 2008)
- John McCain: $405,409 in 2007; filed separately from his wife, Cindy McCainBusiness Week: Decade of Financial Records (September 12, 2008)
- Cindy McCain: Did not release her 2007 tax returns but in 2006 she had a total income of $6 millionBusiness Week: Decade of Financial Records (September 12, 2008)
- Sarah Palin: Has not released her financial recordsBusiness Week: Decade of Financial Records (September 12, 2008)
References
Fast Facts
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Fact:
Joe and Jill Biden contribute two-tenths of 1 percent of their income to charity, approximately $369 annuallyBloomberg: Bidens Gave... (September 12, 2008)
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Fact:
According to JustGive.org, the national average for charitable giving is 3.1% of a person's annual salaryBloomberg: Bidens Gave... (September 12, 2008)
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2007
Joe and Jill Biden earned a combined income of $319,853 and paid $42,516 in federal taxes and $10,912 in Delaware state taxesBusiness Week: Decade of Financial Fecords (September 12, 2008)
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Fact:
Joe Biden reportedly earned $161,708 from the U.S. Senate and another $71,000 in royalties for his book, Promises to Keep in 2007Business Week: Decade of Financial Records (September 12, 2008)
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Fact:
Jill Biden earned $66,546 in 2007 as an English professor at Delaware Technical and Community CollegeBusiness Week: Decade of Financial Records (September 12, 2008)
