Biden Earned $21,000 Last Year From the Secret Service
by Keith Koffler on April 14, 2012, 12:16 pm
No, he’s not moonlighting as an agent.
Vice President Joe Biden last year earned $20,900 in rental income from the Secret Service, which is paying him to host agents on his property so they can protect him.
Most high-profile people in need of protection pay people to keep them safe. Government officials are allowed to have taxpayers pick up the tab. Biden is unique in that he actually gets paid by his bodyguards for the right to protect him.
Biden’s tax records list rental income of $20,900 from a “cottage” on is property, which is reportedly being leased by the Secret Service and paid for at a rate that could earn him even more money next year.
Biden took deductions for mortgage interest and taxes that allowed him to report only $12,653 of the amount on his federal tax return.
Of course, the Bidens badly need the money. They only had an adjusted gross income of $379,035 last year. This probably also explains why they gave less than 1.5 percent of their income to charity.
Among the $5,540 in charitable donations were $1,000 to the UN World Food Program; $1,080 to the Northern Virginia Community College Alumni Scholarship Fund; $1,000 to the Diocese of Wilmington; Delaware; $360 to a breast health initiative launched by Dr. Jill Biden; and $50 to the Wounded Warrior Project.