Joe Biden And Kamala Harris Release Their 2019 Tax Returns Ahead Of First Presidential Debate
Nothing to hide here! Just hours before Joe Biden’s first debate with President Donald Trump, this Tuesday, the Democratic presidential nominee and running mate Kamala Harris decided to release their 2019 tax returns.
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As CNBC notes, the returns show that Joe Biden and his wife, Jill, reported $944,737 in taxable income last year and paid a total of $299,346, or a 31% tax rate, in federal income taxes. In addition to that, the Bidens also reported making $14,700 in charitable contributions, the news site reports.
Harris and her husband, attorney Doug Emhoff, reported $3,018,127 in taxable income, which most of it via Emhoff’s partnership at the global law firm DLA Piper. They paid federal income taxes of $1,185,628, or an effective tax rate of 39%. Harris and Emhoff also reported making charitable donations of $35,390 last year. Their bold move comes just less than 48 hours after The New York Times published a shocking piece on President Donald Trump, revealing that he paid just $750 in individual federal income taxes in 2016 and 2017.
To make matters worse, the newspaper also found that for 10 of the previous 15 years before he was elected to the White House, Trump paid no federal income taxes. Of course, Trump responded to these reports and called the Times’ expose “fake news.” However, he did not directly dispute any of the figures contained in it.
Democratic nominee Joe Biden and President Donald Trump are scheduled to face off tonight in the first general election presidential debate of 2020. The debate will take place from 9 p.m. to 10:30 p.m. ET.
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