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Washington – Democratic presidential candidate Joe Biden and his wife, Jill Biden, have released more personal tax returns ahead of the first presidential debate.
The Bidens’ returns show that the couple paid nearly $ 300,000 in federal taxes in 2019, including nearly $ 288,000 in personal income taxes. The Bidens reported a taxable income of $ 944,737.
Tuesday’s statement comes just days after The New York Times reported that Trump paid $ 750 in federal income taxes in 2016, the year he was elected president, and again in 2017, his first year in office. The Times said Trump did not pay federal income taxes for 10 of the previous 15 years.
Biden and Trump will meet Tuesday night in Cleveland for their first presidential debate, and Trump’s taxes are sure to go up.
Trump has called the reports “fake news,” but still refuses to release his remarks. Biden had already released two decades of his tax returns, in addition to the federal financial disclosures that were required of him when he was a senator and vice president.
Biden’s running mate, California Sen. Kamala Harris, and her husband, Doug Emhoff, also released their 2019 remarks Tuesday. Harris and Emhoff reported paying $ 1.05 million in personal income taxes and $ 1.19 million in total federal taxes on $ 3.02 million in taxable income.
The United States has not released personal tax returns since a brief period in the 1920s, so it is impossible to know how much the wealthy pay in taxes.
AP
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