Pennsylvania is expected to be one of the most closely contested states in this fall’s election, and with his opponent sidelined, President Joe Biden is barnstorming it with a three-stop tour this week. Biden will campaign first in Scranton, the city where he was born and spent his earliest years, followed by a Wednesday appearance […]
President Joe Biden and Vice President Kamala Harris on Monday released their 2023 tax returns. Here are lessons for everyday taxpayers, according to experts.
President Joe Biden and his wife, Jill, on Monday released tax returns showing that their income rose 7% to $619,976 in 2023 and that the couple paid 23.7% of their income in federal taxes. Biden released the data on the day U.S. taxes for the prior year are due and as the Democrat seeks re-election in 2024. Donald Trump, his Republican opponent, broke with the tradition of presidents making their federal tax returns public, saying he was not able to do so while being audited by the Internal...
SCRANTON, Pa. (AP) — President Joe Biden made a nostalgic return to the house where he grew up in working-class Scranton on Tuesday, kicking off three days of campaigning across
SCRANTON, Pa. (AP) — President Joe Biden made a nostalgic return to the house where he grew up in working-class Scranton on Tuesday, kicking off three days of campaigning across Pennsylvania by calling for higher taxes on the rich and casting Donald Trump as an out-of-touch elitist. When the Democratic president wasn't trying to blunt []
President Joe Biden repeatedly lambasted former President Donald Trump over his tax policies during a campaign stop at his childhood hometown of Scranton, Pennsylvania, on Tuesday afternoon. The speech sought to contrast Biden’s middle-class hometown of Scranton with Trump’s ritzy Mar-a-Lago residence in Florida, his inheritance, and his friendliness with the billionaire class. Biden’s three-day […]
Talking about tax policy is one of the best ways for President Joe Biden to create a contrast with Donald Trump on who will fight for average Americans. As Trump told a group of wealthy campaign donors earlier this month, one of his signature issues if elected president in November will be extending the tax cuts Republicans enacted during his term in 2017—which overwhelmingly benefited wealthy Americans. There's no audio of the statement, but it echoes comments Trump made last year during a...
President Joe Biden has made a nostalgic return to the house where he grew up in working-class Scranton, kicking off three days of campaigning across Pennsylvania by calling for higher taxes on the rich and casting Donald Trump as an out-of-touch elitist.
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, plans to release his income tax returns on Monday, the IRS filing deadline. And on Tuesday, he is scheduled to deliver a speech in Scranton, Pennsylvania, about why the wealthy should pay more in taxes to reduce the...
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.
President’s son also faces tax case in California
Biden has proposed a 25% percent minimum tax rate for billionaires.