tax returns

Legal Beat

Justice says IRS must give Trump tax returns to Congress

The Justice Department, in a reversal, says the Treasury Department must provide the House Ways and Means Committee former President Donald Trump’s tax returns, apparently ending a long legal showdown over the records. In a memo dated Friday, Justice’s Office of Legal Counsel said the committee chairman “has invoked sufficient reasons for requesting the former

Taxes

Bidens paid 25.9% rate and earned $607,336, tax returns show

President Joe Biden restored a long-standing presidential tradition Monday by releasing his tax returns, showing that 25.9% of the first couple’s income went to the federal government in 2020. The average federal income tax rate is just over 14%. Biden and his wife, Jill, a teacher, earned $607,336 last year while he was running for

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