Biden Releases Latest Tax Returns Hours Before Trump Debate

DEMOCRATIC WHITE HOUSE hopeful Joe Biden has released his tax returns for the past four years just hours before debating with President Donald Trump, who faces criticism for paying almost no federal taxes.

The former vice president and his wife Jill Biden, an educator, paid $ 299,346 (€ 255,000) in federal income taxes for 2019, according to forms filed with the Internal Revenue Service and published by the Biden campaign.

The amount stands in stark contrast to Trump, who boasts of his success as a billionaire businessman but paid just $ 750 in federal income taxes in 2016, according to an explosive report from The New York Times.

Biden paid millions more in taxes in 2018 and 2017, when he and his wife earned $ 4.5 million and $ 11 million, respectively.

The campaign also released 2019 tax returns for Biden’s running mate Kamala Harris and her husband Doug Emhoff, showing they paid $ 1.18 million on more than $ 3.2 million in income last year.

The subject of taxes, and Trump’s shady financial past, will almost certainly come up in the opening presidential debate tonight in Cleveland.

The Times alleged that the real estate mogul-turned-president paid only $ 750 in federal income taxes in both the year he won the White House and in 2017, and no federal income taxes in 10 of the previous 15 years because he reported have lost more money than he did.

Trump immediately dismissed the accusations as “totally false news.”

But the problem has the potential to resonate with voters, particularly working-class Americans, millions of whom are struggling to make ends meet during the coronavirus pandemic and are still paying more to the government in taxes than the commander. billionaire boss.