Bidens Release 2019 Returns, Paid Nearly $300,000 In Taxes

[demmiblue]

Source: Bloomberg

Democratic presidential nominee Joe Biden released his 2019 tax returns hours before the first debate with President Donald Trump, showing that he paid $299,346 in income taxes in 2019.

According to documents released by Biden’s campaign Tuesday, the former vice president and his wife, Jill, got a refund of $46,858 after paying $346,204 in income taxes. He reported a taxable income of $944,737, paying 31.7% of it in taxes.

The Bidens’ released the tax documents two days after a New York Times report that Trump, a billionaire, paid $750 in incomes taxes in both 2016 and 2017. The newspaper said it has not analyzed his most recent tax data.

Trump has defied decades of practice by U.S. presidents by refused to release his tax returns, incorrectly saying he cannot release them because he is under audit. He has dismissed the New York Times reporting, saying he has paid millions in real estate and payroll taxes.

Read more: https://www.bloomberg.com/news/articles/2020-09-29/bidens-release-2019-returns-paid-nearly-300-000-in-taxes

[Coleman]

1. It isn't how little he paid

The extreme wealthy pay nothing or those pretending to be.

It is whether fraud happened and the size of his debt (and to who).

[VWolf]

3. True, but this makes Trump look REALLY bad in comparison

Biden contributed $300K to essential government agencies (policing, military, etc), while Trump contributed 0.25% of that

[onetexan]

13. Bravo

[CTyankee]

15. Pukes don't look at it that way. they think you're a sucker if you can't find ways around paying

taxes. They ADMIRE Trump for paying so little.

Remember, these are people who HATE paying taxes...

[uncle ray]

16. yes it is, in fact it's all of the above.

to more moderate swing voters and low income republicans, yes it is indeed how little he paid, or more importantly, how much he got back due to tax dodges, whether legal or not. making the rich pay their share resonates with a lot of potential voters. your framing echoes the republican talking points that he's a "smart businessman".

Democrats, including Biden, want the rich to pay their share.

[mcar]

2. This is a brilliant move!

[Stuart G]

12. I agree totally.

[Bayard]

4. I thought Joe had already released his returns?

[unblock]

6. this is the most recent one, he probably only just filed it july 15.

[Indykatie]

7. Biden Had Released His Returns Through 2018 - The 2019 Returns Had Not Been Filed At That Time

[unblock]

5. if someone earned what biden paid in taxes, they'd probably owe at least $48,000 in taxes.

if someone earned $48,000, they'd probably owe at least 7,500 in taxes.

if someone earned $7,500, they'd owe $750, which is how much donnie paid in taxes.



and we're supposed to believe donnie is rich?

[Yo_Mama_Been_Loggin]

8. Suck on it dotard

[TommyCelt]

9. Meh...

Trump and his minions will call him a loser and sucker for not gaming the system to his advantage.

[Lock him up.]

10. Fck dRumpf and his minions.

They're all OK with their hair fuRor calling our military women 'n men losers and suckers.

F*ck em.

[Harker]

14. Let 'em. n/t

[Stuart G]

11. This was the single most important response that Biden could do in relation to Trump's taxes.

Nothing could have helped Biden more in this campaign to get the independents and republicans vote for Joe this time. Even if it just this time, Biden responded with the most brilliant move possible....
....and that is the end of Donald Trump even among a lot of independents and some republicans.

...."Donald Trump does not have a clue"...again says Stu.