Biden lost more than a third of his income as he ran for the presidency

Joe Biden lost more than a third of his annual income due to his candidacy for the presidency of the United States of America last year, as his recently disclosed tax returns for 2020 showed a decrease in profits from 985,223 dollars in 2019 to 607 thousand and 336 dollars.

According to the British newspaper, The Guardian, Biden and his wife, Jill, issued their joint tax returns for 2020.

The affidavits showed that the couple's income decreased by about 38 percent compared to 2019, largely because Biden was forced after the launch of his presidential campaign to abandon the paid speeches he gave on various occasions.

Biden paid $ 157,414 federal income tax last year, accounting for about 26 percent of his income.

New documents show that Biden donated more than $ 30,000 to charity, about 5 percent of his total income.

Publication of Biden's tax returns details further widens the gap in behavior with his predecessor Trump, who refused to release his tax returns during his presidency.

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