Democratic presidential nominee Joe Biden and vice presidential nominee Kamala Harris both released their 2019 tax returns Tuesday ahead of the first 2020 presidential debate in Cleveland, Ohio.
The move is a response to a series of stories published Sunday by The New York Times, detailing how President Donald Trump has reported losses across his various businesses to offset paying any federal income taxes for the better part of two decades. He paid just $750 in federal income taxes in both 2016 and 2017 while campaigning and during his first year in office. (RELATED: New Poll Gives Biden Commanding Leads Both Nationally And In Pennsylvania)
“The Biden’s are releasing their 2019 tax returns, making 22 years of records available to the American public,” Biden deputy campaign manager Kate Bedingfield told reporters on a conference call Tuesday afternoon. “Sen. Harris and Mr. Emhoff are releasing theirs as well. For Sen. Harris, this is now 15 years of returns that are available to the American public.”
The returns themselves, posted to the campaign website, show that Biden and his wife, Dr. Jill Biden, paid $299,346 in state and federal income tax on $944,737 in taxable income. Harris and her husband, Doug Emhoff, paid significantly more: $1,185,628 in total taxes off $3,018,127 in total income.
Biden will come face-to-face with Trump for the first time in months Tuesday night during the debate, hosted by Fox News and moderated by Chris Wallace.