New Biden campaign ad hits at Trump's reported $750 income tax payments
Within hours of the New York Times story showing that President Trump paid only $750 in federal income taxes in his first year in the White House, Joe Biden’s campaign released an ad comparing that amount to what middle-class wage earners typically pay.
In addition to the news about Trump’s minuscule tax burden, the Times report — which the newspaper said would be the first of several — described how the president, who ran as a successful businessman, is deeply in debt to entities the newspaper was unable to identify. “He is personally responsible for loans and other debts totaling $421 million, with most of it coming due within four years,” continued the Times story.
Story continuesAs he’s done for years, Trump again said he would release his tax returns once an Internal Revenue Service audit is complete, but tax experts have repeatedly said there is nothing stopping him from releasing the information while the audit is ongoing. “Of course, the New York Times does this, they put out a selective picture of all of these things the day before a debate to try and give someone like Joe Biden an attack line,” Donald Trump Jr. said on Fox News Monday morning defending his father.
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