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Biden publishes his latest tax return with an eye on the presidential debate

The candidate for Vice President, Kamala Harris, also makes her statements public

Former US Vice President and Democratic candidate for the White House, Joe Biden, published his last income statement on Tuesday with his sights set on the presidential debate and after the controversy unleashed after coming to light that the president, Donald Trump, paid just $ 750 in income taxes in 2016.

Biden’s income tax return shows that he and his wife, Jill Biden, would have received a gross income of $ 944,737 (804,000 euros), while they paid $ 299,346 (254,000 euros) in income taxes in 2019 with a tax rate 31 percent, according to information from CNBC.

For their part, the candidate of the Democratic Party for the country’s Vice Presidency, Kamala Harris, and his husband, Doug Emhoff, would have entered a little more than 3 million dollars (2.5 million euros) gross, although they would have paid 1,. 1 million dollars (936,900 euros) in income taxes throughout the same year.

Thus, citizens can now access the tax returns of the candidates for the Presidency during the last fifteen years. Trump, however, has refused to release his tax returns.

The New York tycoon also paid $ 750 in taxes in 2017, while he had not done so for at least a decade since 2000, according to The New York Times.

The president has managed to be exempt from paying more taxes since he declared more losses than income during the entry of the new century, something, points out this media, that has not prevented him from enjoying an expensive lifestyle by “deducting taxes on what some they would consider personal expenses “such as the use of their residences, airplanes and $ 70,000 in hairdressing to go to television and make-up sessions for their daughter Ivanka Trump.

The extensive report published by the newspaper states that Trump managed to reduce the amount of taxes to pay “with questionable measures”, including a refund of almost 73 million dollars, which is being investigated by the Internal Revenue Service (IRS, for its acronym in English).

‘The New York Times’ has also indicated that the current tenant of the White House is “personally responsible” for a debt of 300 million dollars, which expires in the next four years.

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