Biden and Harris release tax returns hours before first presidential debate

CLEVELAND — Democratic presidential nominee Joe Biden released his 2019 tax returns on Tuesday afternoon, just hours before his first debate with President Trump in Cleveland.

“The American people deserve transparency from their leaders, it’s why as of today, I’ve released 22 years of my tax returns,” Biden tweeted Tuesday, 48 hours after the New York Times published leaked portions of what it said were the commander in chief’s financial records.

The former veep and wife Jill Biden declared a gross income of $985,233 in 2019 and paid $299,346 in federal income tax, according to the financial disclosures published on the campaign website.

Accountants for the couple list Biden’s occupation as “executive” and Jill’s as “teacher.”

The 22 years referred to by Biden includes the sum total of all the returns he has released over his decades in office.

Biden’s running mate Kamala Harris and her husband, lawyer Doug Emhoff also released their tax filings on Tuesday afternoon, reporting a taxable income of $3,018,127.

They paid federal income taxes of $1,185,628.

The Biden campaign has launched a full-scale attack on Trump after the Times reported on Sunday that the billionaire property developer paid just $750 in federal income tax in both the year he won the presidency and his first year in the Oval Office.

The president pushed back on the reporting as “fake news” and insisted he had paid “a lot” to Uncle Sam.

The Times also found that for 10 of the last 15 years, the president paid no federal income taxes because his businesses posted hundreds of millions of dollars in losses.

Despite earning at least $434.9 million in 2018, according to his financial disclosures, Trump reported a $47.4 million loss in his tax filings.

The president’s campaign has pointed out that he paid taxes but then got credits issued against them for business losses and deductions.

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