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Biden flaunts his difference from Trump, releases tax return

2021-05-19T23:30:16.970Z


The US president and his wife earned just over $ 600,000 in 2020, and paid $ 157,414 in federal taxes.


Joe and Jill Biden earned just over $ 600,000 in 2020, according to the tax return they released on Monday, May 17, continuing a tradition interrupted by Donald Trump.

Since Richard Nixon, half a century ago, American presidents have published these tax documents detailing sources of income and paid taxes, but Donald Trump has refused to comply with this exercise of transparency during his mandate.

In 2020, Joe Biden and his wife Jill, a professor at the public university, reported gross income of $ 607,336.

They paid $ 157,414 in federal taxes, a tax rate of 25.9%.

They also paid $ 28,794 in taxes to the State of Delaware, where they are domiciled.

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Read also: United States: Trump would not have paid federal taxes for ten years

Vice-President Kamala Harris and her spouse Doug Emhoff, lawyer, reported more substantial income: $ 1,695,225 gross, on which they paid $ 621,893 in federal taxes, or 36.7%.

They also paid $ 125,004 in taxes to the State of California and Doug Emhoff has, alone, paid 56,997 in taxes to the federal capital Washington.

Doug Emhoff, a prominent entertainment lawyer, took unpaid leave from his cabinet when Kamala Harris was selected by Joe Biden as his running mate.

Both families in the US executive would see their taxes rise if Joe Biden succeeds in pushing through his massive family aid and education aid spending plan, which is to be funded by a tax hike on most Americans. wealthy.

Read also: The Supreme Court inflicts a major setback on Trump on his tax returns

According to an investigation by the

New York Times

, which managed to obtain tax documents from Donald Trump, the former Republican president had succeeded in reducing his tax bill to zero on 11 of the 18 years of records obtained by the daily, and no 'paid only $ 750 in 2016 and 2017.

Source: lefigaro

All news articles on 2021-05-19

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