Bi­den pays his taxes

Demo­cratic pres­i­den­tial nom­i­nee paid nearly US$288,000 last year com­pared to Trump’s US $750

Daily Observer (Jamaica) - - INTERNATIO­NAL -

WASH­ING­TON, DC, United States (AP) — Demo­cratic pres­i­den­tial nom­i­nee Joe Bi­den paid nearly $288,000 in fed­eral in­come taxes last year, ac­cord­ing to re­turns he re­leased just hours be­fore his Tues­day night de­bate with Pres­i­dent Don­ald Trump.

The move came fol­low­ing a re­port from The New York Times that Trump paid just $750 in in­come taxes in 2016, the year he ran for pres­i­dent, and in 2017, his first year in the White House.

Bi­den and his wife, Jill, along with Bi­den’s run­ning mate, Cal­i­for­nia Sen Ka­mala Har­ris, re­leased their 2019 fed­eral and state re­turns as the pres­i­dent con­tends with the po­lit­i­cal fall­out from a se­ries of

Times re­ports about Trump’s long-hid­den tax re­turns. The Times also re­ported that Trump paid no in­come tax at all in 10 of the 15 years prior to 2017.

The Bi­dens’ pay­ment of $287,693 to the fed­eral gov­ern­ment in 2019 showed a sub­stan­tial drop from the $1.5 mil­lion they paid in in­come taxes in 2018, re­flect­ing both a de­cline in Bi­den’s book rev­enue and his de­ci­sion to run for the pres­i­dency and a leave of ab­sence from his aca­demic post at the Univer­sity of Penn­syl­va­nia in Philadel­phia. Af­ter pay­ing $91,000 in 2016, Bi­den’s last year as vice-pres­i­dent in the Obama ad­min­is­tra­tion, the Bi­dens paid $3.7 mil­lion to the gov­ern­ment in 2017, largely be­cause of in­come from book deals.

The Bi­den cam­paign has moved ag­gres­sively to cap­i­talise on the Times re­ports about Trump’s tiny tax pay­ments. The cam­paign re­leased a me­dia ad show­ing that nurses, fire­fight­ers and other work­ing-class Amer­i­cans pay far more in an­nual fed­eral taxes than the $750 Trump tax pay­ments de­scribed by the Times.

Trump has de­nied the Times re­port, dis­miss­ing it as “fake news” at a press con­fer­ence, but he has pro­vided no ev­i­dence to re­fute it.

(Photo: AFP)

In this file com­bi­na­tion of pic­tures cre­ated on Septem­ber 25, 2020, Demo­cratic pres­i­den­tial can­di­date Joe Bi­den (left) speaks on Septem­ber 23, 2020 at the Black Eco­nomic Sum­mit at Camp North End in Char­lotte, North Carolina and US Pres­i­dent Don­ald Trump speaks dur­ing a cam­paign rally on Septem­ber 24, 2020 at Ce­cil Air­port in Jack­sonville, Florida. With just over a month be­fore the US pres­i­den­tial elec­tion, Don­ald Trump and Joe Bi­den took the de­bate stage last night, the first show pit­ting the ri­vals against each other that was ex­pected to have mil­lions of Amer­i­cans glued to their screens.

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