pyetro
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- Jul 21, 2019
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You may have heard that Donald Trump dodged taxes and only paid $750 worth of taxes per year.
It is a very different story when it comes to Joe Biden and his wife:
It is a very different story when it comes to Joe Biden and his wife:
Joe Biden should definitely bring this up during the debate tomorrow:Democratic presidential nominee Joe Biden paid thousands of times more in federal income taxes than President Donald Trump in 2016 and 2017, despite the incumbent Republican being far more wealthy.
According to Biden's tax returns, which he released publicly in July 2019, the former vice president and his wife Jill Biden paid $1.5 million in federal income taxes in 2016 and $3.7 million in 2017. The New York Times, which obtained nearly two decades of Trump's closely guarded tax returns, reported on Sunday that the president paid just $750 in both years. That means the Bidens paid 2,000 times as much in federal income taxes in 2016 and more than 4,900 times as much in 2017.
Biden Paid Over 4,900 Times More in Taxes Than Trump in 2017
While Trump's net worth is estimated to be about $2.5 billion, Biden and his wife are worth approximately $9 million.
www.newsweek.com