By Richard Rubin and Ken Thomas 

Former Vice President Joe Biden released his 2019 tax returns on Tuesday, showing that he paid nearly $300,000 in federal taxes, seeking to draw a stark contrast with President Trump in the hours before their first debate.

Mr. Biden and his wife, Jill, reported receiving $985,233 in adjusted gross income in 2019, a year in which he was mostly running for president.

Mr. Trump, meanwhile, has refused to release any of his tax returns, breaking a 40-year tradition of major-party candidates and presidents. The New York Times reported Sunday that Mr. Trump hasn't paid federal income taxes in many recent years and paid just $750 for 2016 and 2017. Mr. Trump has dismissed the Times' reporting as inaccurate but has declined to specify any errors.

Write to Richard Rubin at richard.rubin@wsj.com and Ken Thomas at ken.thomas@wsj.com

 

(END) Dow Jones Newswires

September 29, 2020 13:31 ET (17:31 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.