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