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Biden releases tax returns: Made $1M in 2019 and paid nearly $300K in federal taxes

Prefectly timed for the debate Tuesday evening. Looks like Biden plans to go to town on Trump’s avoidance of paying taxes.

As in the past, the Bidens tax returns show they contributed very little to charity, just about 1.5 percent of their income.

Kamala Harris and her husband also released their returns, raking in a cool $3 million, mostly from his law practice.

According to the Wall Street Journal:

Former Vice President Joe Biden released his 2019 tax returns on Tuesday, showing that he paid nearly $300,000 in federal taxes, seeking to draw a contrast with President Trump in the hours before their first debate.

Mr. Biden and his wife, Jill, reported receiving $985,233 in adjusted gross income in 2019, a year in which he was mostly running for president.

Mr. Trump, meanwhile, has refused to release any of his tax returns, breaking a 40-year tradition of major-party candidates and presidents. The New York Times reported Sunday that Mr. Trump hasn’t paid federal income taxes in many recent years and paid just $750 for 2016 and the same amount for 2017. Mr. Trump has dismissed the Times’ reporting as inaccurate but has declined to specify any errors.

The Bidens reported receiving income from several sources, including Northern Virginia Community College, where Dr. Biden has worked as an English professor, and the University of Pennsylvania, where Mr. Biden established a center for diplomacy after the end of the Obama administration. Mr. Biden also receives a federal pension.

They reported making $14,700 in charitable contributions, including donations to a Presbyterian church and a Catholic church in Delaware.

Ms. Harris and Mr. Emhoff reported receiving $3.1 million in adjusted gross income and paid more than $1 million in federal taxes. Their income included about $265,000 from Ms. Harris’s writing work, but the bulk of the couple’s money came from Mr. Emhoff’s law-firm income.

7 thoughts on “Biden releases tax returns: Made $1M in 2019 and paid nearly $300K in federal taxes”

  1. I don’t give a rat’s behind about their personal tax returns… I care about mine. I truly hope we don’t waste air time watching two septuagenarians quibble over who paid more in taxes. To me, its trivial in the scope of our nation.

  2. As an aside – IF what is being reported is correct – Mr. Biden’s team requested he have breaks and supposedly both candidates agreed to have their ears checked to confirm no apparatus – and now Mr. Biden has backed away of from it – very news worthy. How quickly we forget that Ms. Brazile admitted she provided questions to Ms. Clinton in 2016. Shame Shame.

    1. In addition, could also be a tactic to create a false level of confidence by Mr. Trump – certainly he would not fall for that nor would his advisors!

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