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Just hours before the first debate in the presidential election, Democrats set foot on President Donald Trump.
Both presidential candidate Joe Biden and vice presidential candidate Kamala Harris have released their tax returns for 2019.
The move comes after the New York Times disclosure that contained information from Donald Trump’s tax returns from the past 20 years. They showed that the president only paid $ 750 in income taxes, equivalent to SEK 6,854, the year he was elected president.
For ten of the last 15 years, Trump paid no income taxes.
Biden and Harris highly valued
Joe Biden’s tax return shows that he and his wife Jill Biden had an adjusted gross income of $ 985,233. This corresponds to just over SEK 8.8 million. The couple paid a total of $ 299,346 in taxes, almost 2.7 million crowns.
Kamala Harris and her husband, attorney Doug Emhoff, reported adjusted gross income of $ 3,095,590, almost SEK 27.8 million. The couple paid $ 1,185,628 in taxes. This corresponds to just over SEK 10.6 million.
Trump’s lawsuit
The president has claimed the disclosure is “fake news.”
“This is fake news, it is completely false,” Trump said at a news conference Sunday.
– I pay a lot, I pay a lot of state tax, among other things.
At the same time, the pressure from the democratic side is now increasing. The party requires Trump to show his tax returns, which was previously customary for incoming presidents.
Joe Biden himself has published his tax returns 22 times. Kamala Harris has posted her information 15 times, writes The Hill.
“This is a historic level of transparency that is intended to give the American people faith in their leaders and that they live up to their expectations and not just their own watermarks,” said Biden deputy campaign manager Kate. Bedingfield, at a press conference after the announcement.
“Mr. President, publish your tax return or keep quiet,” he continued.
This is how presidential candidates respond about the American economy.