Biden uses release of 2023 tax returns to draw contrast with Trump

President Biden and first lady Jill Biden released their jointly filed 2023 tax returns on Monday, showing a federal adjusted gross income of $619,976 on which they paid $146,629 in federal income tax ... Read More

Trump tariffs, tax cuts and interest rates likely to fuel inflation, Wall Street and economists agree

Former President Donald Trump is building a second-term economic agenda that analysts say could reheat the very inflation that he has slammed President Joe Biden for creating. Read More

Fact-checking Trump’s claims about tax cuts, job numbers and inflation in Wisconsin, Michigan

However, Biden has said repeatedly that he will not raise taxes on anyone making less than $400,000, a promise he campaigned on in 2020. The White House told PolitiFact that Biden would let the Trump ... Read More

Biden takes aim at Trump-era tax cuts — and his own campaign promise

Two weeks ago, President Joe Biden took aim at the Republicans’ 2017 Tax Cuts and Jobs Act and its provisions that are due to expire in 2025. He told electrical union workers, “It’s going to expire, ... Read More

Tax Day reveals major split in how Biden and 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. Read More