Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap Tax Day shows stark divide between Biden and Trump !

Tax Day shows stark divide between Biden and Trump

Time:2024-05-21 06:43:48 source:Cultural Compass news portal

WASHINGTON (AP) — Tax Day reveals a major split in how Joe Biden and Donald Trump would govern: The presidential candidates have conflicting ideas about how much to reveal about their own finances and the best ways to boost the economy through tax policy.

Biden, the sitting Democratic president, released his income tax returns on the IRS deadline of Monday. Filing jointly with his wife, Jill, he reported gross income of $619,976 and paid a federal income tax rate of 23.7%.

On Tuesday, Biden is scheduled to deliver a speech in Scranton, Pennsylvania, about why the wealthy should pay more in taxes to reduce the federal deficit and help fund programs for the poor and middle class.

Biden is proud to say that he was largely without money for much of his decades-long career in public service, unlike Trump, who inherited hundreds of millions of dollars from his father and used his billionaire status to launch a TV show and later a presidential campaign.

Related information
  • Shohei Ohtani's first walk
  • Children visited Xiamen Science and Technology Museum during winter vacation
  • Processing trade focus to give lift to exporters
  • Jilin eyes stable foreign trade growth in 2024
  • Six killed in a 'foiled coup' in Congo, the army says
  • China Focus: China Issues No. 1 Central Document for 2023, Highlights Rural Vitalization Tasks
  • What they say on International Women's Day
  • Xi Holds Talks with Iranian President, Eyeing New Progress in Ties
Recommended content
  • Company wins court ruling to continue development of Michigan factory serving EV industry
  • China's experience with gender equality shared at UN
  • Chinese bank unveils green bond in London
  • US firms voice confidence in China at CIIE
  • Brazil replaces injured goalkeeper Ederson in Copa America squad
  • Blinken's Mideast trip dubbed futile exercise