300
You know what's disgusting? 85k salary for a teacher. Teachers need more.
A teacher with a doctorate.
Way more than my mom was paid as a teacher. She climbed the ranks for 20 years until retiring relatively recently, and barely broke 70 in all that time.
Oh boy don’t look at Florida’s teacher salaries then. (Or whatever hell holes are the 2 states lower than us)
Cries in Oklahoma. I'm hearing from other locals that, since we're losing so many teachers, some classes are being combined into gymnasiums with 120 kids to 1 teacher. Fuck Governor Stitt and his goon Ryan Walters.
load more comments
(1 replies)
I would like to know where to be to make that kind of money. My partner with a masters, just started making low 60s and we live in the highest paying district in the state. Avg home price is 575,188 and they have 70k in. No wonder we can buy here and stay here
load more comments
(24 replies)
Now let's compare the numbers to Donald Trump's...oh thats right, he said he would release his nine years ago and never did.
He couldn't even scrape together $200m despite insisting that he's a billionaire. I think we can pretty confidently assume he has hamberder wrappers in his wallet and nothing else.
Because he's a broke ass bitch
Two more weeks! There are just so many papers. Two more weeks. They'll be perfect tax returns.
Right after his amazing health care reform, and just before his very big infrastructure plan.
Okay?
The presidential salary is $400,000/yr, which is pretty small compared to a lot of NATO countries. Jill just has to pull in $200k, which is probably pretty doable for people with their background- I'd bet they own a business or two at least, in which case this is still fairly modest in the US. It's an unimaginable amount of money for me and almost anyone I know, but it's really not out of the ordinary (and maybe even pretty low) for someone in an ownership/leadership position in the US.
Here's a full breakdown:
Biden's presidential salary is $400,000. Jill Biden reported earning $85,985 from Northern Virginia Community College, where she teaches. The Bidens collected $129,876 in taxable interest, pensions and annuities, Social Security benefits, and IRA distributions − significantly more than in 2022, producing the spike in income. Jill Biden also reported $4,115 in royalties from prior book publications.
From USA Today
Biden does get a pension for his time as Vice President and senator and they both qualify for social security.
Damn, they’re not rich enough to buy a large house in a blue state.
You know we don't charge the full price of the house all at once in blue States right?
He owns two houses in Blue states, that's where 7 million dollars of his 10 million dollar net worth comes from.
Still significantly less than any usual oligarch, dictator, or any member of an S&P 500 company C suite.
load more comments
(1 replies)
Article says Jill pulls $85k. So the rest is probably investments, which is pretty damn modest, considering their age.
The Bidens collected $129,876 in taxable interest, pensions and annuities, Social Security benefits, and IRA distributions − significantly more than in 2022, producing the spike in income. Jill Biden also reported $4,115 in royalties from prior book publications.
Considering the dude has been in the Senate since dinosaurs were on the planet during which time he could partake legally in inside trading and he had access to much of the world's confidential information and a long list of people volunteering to do him favors.
That's Jimmy-Carter-selling-his-peanut-farm modest.
Biden can look forward to a federal government pension when he retires in 2029
That's way lower than I'd expect for someone with a doctorate. I guess it makes sense if she only works part time?
load more comments
(1 replies)
Seems very modest for the most powerful positon on earth
I'm of two minds here. I don't think anyone for any reason should be allowed to earn over a half million per year. But also there are people whose positions are far less important who have earnings significantly higher than this.
The carryover effect of an economic system that that has catastrophically imbalanced wealth distribution means that in order for actually qualified people occupying roles that are important, you need to compensate them at a very high rate.
I generally agree with you, but half a mil is peanuts and those aren't the people I think we should be eating. I think something in the 5-10m range is where we should be taking 90% of it or something. But yeah, you need to pay leaders enough for the job to be worth doing, because the goodness of one's heart doesn't provide unfortunately.
load more comments
(5 replies)
That's actually not a lot for being the president. Tons of CEOs are making like 100x that lol.
400k of that is just from the Presidential salary. Which is way higher than I recall from when I learned about it in high school (iirc shit was only 100k/year).
Yeah it's been going up. Makes sense. Arguably not enough for how much stress that job is. Of course it comes with a free house and that has a bowling alley in it, and escape hatches for hookers.
The reason politicians should have good salaries is that it should dissuade them from being attracted by bribes or other kinds of corruption. Of course, some peoples' greed knows no bounds.
And frankly, I'd much rather see public servants rake in big money than the 0.1% "businessmen".
load more comments
(1 replies)
Effective tax rate of 23.64%. He's very nearly in the 1% as far as yearly wages go, probably is when you calculate his total net worth. He paid $146k in taxes, more than some people will pay in their whole lifetime.
He's in the top 5%-2% of income, with the 1% starting at 800k or so.
He's worth about 10 million dollars.
The 1% of Networth begins around 10 billion dollars.
By income He's near the top, but definitely not near the top of net worth. I'm guessing the income statistics get skewed by the fact that usually the ultra wealthy don't take most of their wealth growth as income.
The real money from the presidency comes after which is when they get paid millions in speaking fees to take advantage of connections.
There's a real chance that if he wins, he dies naturally in office.
This is the best summary I could come up with:
The White House also released the return for Vice President Kamala Harris and second gentleman Doug Emhoff, showing that pair made $450,299 last year.
“President Biden believes that all occupants of the Oval Office should be open and honest with the American people,” the White House said in a statement on Monday, “and that the longstanding tradition of annually releasing presidential tax returns should continue unbroken.”
Six years of Trump’s tax returns, including from his time as president, were released to the public by the House Ways and Means Committee at the end of 2022.
They donated $5,000 to the Beau Biden Foundation, which works to protect children from abuse and is named after the president’s late son, and smaller amounts to organizations including the Fraternal Order of Police, a Wilmington fire station and St. Joseph on the Brandywine.
Harris and Emhoff reported an income of $456,918 in 2022 and $1.6 million in 2021 - the year they sold a house.
The current first couple restarted the tradition of the first family releasing their tax returns upon taking office in 2021.
The original article contains 433 words, the summary contains 181 words. Saved 58%. I'm a bot and I'm open source!
view more: next ›
this post was submitted on 16 Apr 2024
300 points (94.4% liked)
politics
18138 readers
3679 users here now
Welcome to the discussion of US Politics!
Rules:
- Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.
- Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
- Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
- No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive.
- Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
- No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
That's all the rules!
Civic Links
• Congressional Awards Program
• Library of Congress Legislative Resources
• U.S. House of Representatives
Partnered Communities:
• News
founded 1 year ago
MODERATORS