US president Donald Trump denied a report suggesting he only paid 750 dollars in personal income taxes, telling a debate his bill was in the “millions”. Show us your taxes.”The Democratic candidate used taxes as a point of attack, saying Mr Trump “does take advantage of the tax code” and “pays less tax than a schoolteacher”. But Mr Trump shrugged off the attack, saying that all business leaders do the same “unless they are stupid”. Ahead of the debate in Cleveland, Mr Biden and his wife Jill, released more of their personal tax returns. The Bidens’ returns show the couple paid almost 300,000 dollars (£233,000) in federal taxes in 2019, including almost 288,000 dollars (£159,000) in personal income tax.

Source: Irish Independent September 30, 2020 04:41 UTC