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President Biden in the East Room of the White House on Monday. Photo: Nicholas Kamm/AFP via Getty Images

President Biden released his 2020 tax return on Monday, showing that he and first lady Jill Biden earned just over $600,000, with an effective federal income tax rate of 25.9% after 5% in charitable donations.

Why it matters: The release revives a decades-old tradition of the president releasing their tax returns after former President Trump refused to do so.

  • Trump fought prosecutors in the courts to try and stop them obtaining his tax and financial records. But the Supreme Court ruled in February that New York City prosecutors could enforce a subpoena to obtain them.

Of note: Vice President Kamala Harris and second gentleman Doug Emhoff also released their 2020 tax forms Monday, showing they earned almost $1.7 million, paying a federal income tax rate of 36.7%.

Flashback... NYT: Trump paid $750 in federal income taxes in 2016 and 2017

Go deeper

Wealthy people are renouncing American citizenship

Expand chart
Source: Andrew Mitchel LLP, from IRS data

The number of Americans who renounced their citizenship in favor of a foreign country hit an all-time high in 2020: 6,707, a 237% increase over 2019.

Between the lines: While the numbers are down this year, that's probably because many U.S. embassies and consulates remain closed for COVID-19, and taking this grave step requires taking an oath in front of a State Department officer.

"Justice for J6" rally underway with large police presence

Police officers watch as demonstrators gather for the "Justice for J6" rally in Washington, D.C., on Sept. 18, 2021. Photo: Andrew Caballero-Reynolds/AFP via Getty Images

A few hundred demonstrators were met by a heavy law enforcement presence on Saturday at the "Justice for J6" rally outside the fenced-off U.S. Capitol, AP reports.

The latest: U.S. Capitol Police officers at approximately 12:40 p.m. arrested a man with a knife for a weapons violation, the agency wrote in a tweet.

DHS to increase deportation flights to Haiti from Del Rio

Migrants walk across the Rio Grande River carrying supplies back to a makeshift encampment under the international bridge between Del Rio, Texas, and Acuña, Mexico. Officials are struggling to provide food, water, shelter and sanitation, forcing migrants to cross the Rio Grande several times per day for basic necessities. Photo: Jordan Vonderhaar via Getty Images

The Department of Homeland Security on Saturday announced plans to ramp up deportation flights to Haiti out of the small Texas border town Del Rio, starting as soon as Sunday.

Why it matters: Reports have emerged of more than 10,000 migrants, primarily from Haiti, crowded in a temporary camp under the international bridge in Del Rio. Hoping to find refuge in the United States, they've had to bear with filthy conditions and the scorching sun for days, per an NBC News affiliate.

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