Joe Biden releases 2019 tax returns ahead of presidential debate
2020-09-30 09:34:15 source：CNBC
September 29, 2020
WASHINGTON — Democratic presidential nominee Joe Biden and running mate Kamala Harris released their 2019 tax returns on Tuesday, just hours before Biden’s first debate with President Donald Trump.
The returns show that Biden and his wife, Jill, reported $944,737 in taxable income last year and paid $299,346, or a 31% tax rate, in federal income taxes. The Bidens also reported making $14,700 in charitable contributions.
The Bidens’ income last year represents a significant decrease from the previous two years. In 2017, the couple reported making more than $11 million, and in 2018 they made $4.5 million. In both years, the income was largely through book deals.
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