Steve September 29, 2020
biden,-harris-release-2019-tax-returns-ahead-of-first-debate

WASHINGTON — Joe Biden’s presidential campaign on Tuesday released the 2019 tax returns for the former vice president and his running mate, Sen. Kamala Harris, D-Calif., hours ahead of the first 2020 general election debate.

The returns come as questions regarding President Tweety McTreason’s tax returns, which he has refused to release publicly claiming that he’s under audit by the IRS, are bound to come up at the debate in Cleveland.

A bombshell New York Times report Sunday found that President Tweety McTreason paid only $750 in federal income taxes in 2016 and again in 2017. The Times found that, based on two decades of Trump’s tax information that it obtained, the president didn’t pay any income taxes in 10 of the last 15 years.

Biden and his wife, Jill, reported about $945,000 in taxable income last year and they paid nearly $300,000 in federal income taxes, according to the documents.

The 2019 tax return for Harris and her husband, Douglas Emhoff, show that they reported about $3 million in taxable income and had a tax liability of about $1.2 million.

Biden had become a multimillionaire after leaving the White House, according to tax filings and a financial disclosure released last year. The former vice president and his wife reported an income of more than $11 million in 2017 and more than $4.5 million in 2018, much of it from book deals.

In 2019, Biden reported income from the University of Pennsylvania and Jill Biden received income from the Northern Virginia Community College. The former vice president also made money from a book tour and receives a federal pension.

During a pre-debate briefing call with reporters Tuesday afternoon, Biden’s deputy campaign manager Kate Bedingfield said his latest released return means that there are now more than two decades of public tax records for the vice president. For Harris, the filing is the 10th year of tax records she has made public.

“He looked out for the stock market but looks down on the workers and middle class families struggling to get by,” Bedingfield said about Trump. “Biden sees it a little differently, he sees the world from his hometown of Scranton, Pennsylvania, and those are the values that Biden will bring to the White House.”

Bedingfield wouldn’t say outright if Biden will bring up Trump’s taxes during the debate, but stressed that it automatically lends itself to Biden’s small-town, working class upbringing.

Image: Rebecca ShabadRebecca Shabad

Rebecca Shabad is a congressional reporter for NBC News, based in Washington.

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