'This is a historic level of transparency meant to give the American people faith once again that their leaders will look out for them and not their own bottom lines' - Biden's deputy campaign manager 'Mr. President, release your tax returns or shut up'
- Hours before his first debate with President Donald Trump, Democratic presidential nominee Joe Biden on Tuesday released his 2019 tax returns and his campaign called on Trump, who has come under fire for not releasing his returns, to do the same.Biden's taxes showed that he and his wife Jill paid more than $346,000 in federal taxes and other payments for 2019 on an income of nearly $985,000 before seeking a refund of nearly $47,000 they said they had overpaid the government.
Story continuesThe encounter could be crucial for Biden, giving him a chance to prove he is a steady hand capable of stepping into the Oval Office and ending the tumult of Trump's first term, strategists said. About 9% of likely voters are not currently backing either candidate, less than half of the percentage who were not committed to the two major contenders in September 2016, according to Reuters/Ipsos polling.
White House aides have said Trump, 74, will aggressively challenge Biden's record on issues such as trade, energy and taxes and will be prepared to defend himself on his own taxes. Trump, who has repeatedly cast doubt on the integrity of the election, is likely to face questions about his refusal to commit to accepting the election results and a peaceful handover of power should he lose.
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