Biden releases tax returns hours ahead of first debate with Trump


Democratic presidential candidate Joe Biden and his wife Jill paid nearly $300,000 in federal taxes in 2019, returns released hours before the first presidential debate showed.

The couple had an income of $944,737, and paid $346,204 in taxes. After a refund of $46,858, the Bidens paid $299,346 in taxes.

Now see:Here’s how the stock market tends to perform after the first presidential debates.

The Bidens’ release of their tax documents comes just days after the New York Times reported President Donald Trump paid just $750 in federal income taxes the year he ran for office, and none in several other years. Trump has disputed the report.

Read:5 key takeaways from the report on Trump’s tax returns.

Trump has broken presidential tradition and refused to release his tax returns.

Trump and Biden are scheduled to debate for the first Tuesday night at 9 p.m. Eastern.



Source link