Happy Tuesday and welcome back to On The Money, where we’re bracing for the first presidential debate of 2020. I’m Sylvan Lane, and here’s your nightly guide to everything affecting your bills, bank account and bottom line.
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THE BIG DEAL—Biden releases 2019 tax returns hours before first debate: Democratic presidential nominee Joe BidenJoe BidenTop House Republican calls for probe of source of NYT Trump tax documents Judge’s ruling creates fresh hurdle for Trump’s TikTok ban Harris says she hasn’t ‘made a plan one way or another’ on meeting Supreme Court nominee MORE and his running mate, Sen. Kamala HarrisKamala HarrisHarris says she hasn’t ‘made a plan one way or another’ on meeting Supreme Court nominee Compromise, yes — but how? A pre-debate suggestion Biden must clarify his stance on energy for swing voters MORE (D-Calif.), released their 2019 federal and state tax returns on Tuesday, hours before the former vice president meets face-to-face with President TrumpDonald John TrumpCensus Bureau intends to wrap up count on Oct. 5 despite judge’s order Top House Republican calls for probe of source of NYT Trump tax documents New Yorkers report receiving ballots with wrong name, voter addresses MORE in the first debate of the 2020 presidential race.
- Biden and his wife reported an adjusted gross income of $985,233 and paid a total of $299,346 in taxes, for an effective tax rate of about 30 percent.
- Harris and her husband, lawyer Doug Emhoff, reported an adjusted gross income of $3,095,590