⁍ Biden’s campaign seized on a fresh line of attack on the eve of the Democratic presidential nominee’s first debate with President Donald Trump.


⁍ Biden’s campaign accused the Republican incumbent of gaming the system to avoid paying his fair share of taxes.


⁍ Trump, a self-proclaimed billionaire who is seeking reelection in the Nov. 3 vote, paid only $750 in federal income taxes in both 2016 and 2017, the New York Times reported on Sunday.


– The first presidential debate between Joe Biden and Donald Trump is just five weeks away, and the stakes are high: Trump is refusing to release his tax returns, and Biden’s campaign is pouncing on a New York Times report that Trump paid just $750 in federal income taxes in 2017—less than half of what he paid in 2016. “The vast majority of us pay taxes and get on with life. But the richer you are, the more tax lawyers you employ, the more complex you can make your holdings—all of this can, as the piece shows reduce your tax liability to zero,” Jared Bernstein, one of Biden’s top economic advisers, tweeted Sunday, per Reuters. Biden’s campaign also started selling stickers that say, “I Paid More In Taxes Than Donald Trump,” the Washington Post reports. The Times report found that Trump paid no federal income tax in 10 of the previous 15 years through 2017, despite taking in $427.4 million through 2018 from his reality television program and other endorsement and licensing deals. White House spokeswoman Kayleigh McEnany described the report as a hit job that was straight out of the Democratic playbook. “We’ve seen this play out before … purported tax information dropping the eve of a debate. They tried this in 2016—it didn’t work,” she told Fox Business Network. House of Representatives Speaker Nancy Pelosi, a Democrat, told MSNBC the president’s reported debts raised questions of national security.



Source: https://www.reuters.com/article/us-usa-election/biden-campaign-tees-up-trump-tax-issue-on-eve-of-first-debate-idUSKBN26J2IO