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New Biden campaign ad jabs at Trump's reported $750 income tax payments

A new ad from Democratic presidential nominee Joe BidenJoe BidenVirginia GOP gubernatorial nominee acknowledges Biden was 'legitimately' elected BuzzFeed News finds Biden's private Venmo account Kid reporter who interviewed Obama dies at 23 MORE's campaign targets President TrumpDonald TrumpVirginia GOP gubernatorial nominee acknowledges Biden was 'legitimately' elected Biden meets with DACA recipients on immigration reform Overnight Health Care: States begin lifting mask mandates after new CDC guidance | Walmart, Trader Joe's will no longer require customers to wear masks | CDC finds Pfizer, Moderna vaccines 94 percent effective in health workers MORE over details about his tax payments reported by The New York Times on Sunday.

The ad, released on Twitter by the Biden campaign late Sunday evening just hours after the Times's bombshell report was published, features the faces of a number of U.S. taxpayers and their corresponding tax burdens, before comparing their payments to the $750 reportedly paid by Trump during his first year in office. It features no narration.

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The ad is the Biden campaign's first official comment on the story reported Sunday by the Times, which detailed the numerous financial loopholes pursued by the president to reduce his tax burden, including writing off some expenses such as his own hairstyling costs as business-related.

The president and the Trump Organization have both fiercely denied the story, which comes shortly before Trump and Biden's first debate on Tuesday. At a press conference Sunday, Trump said the story was "totally fake news."

Other Democrats were quick to shred Trump on Twitter over the story, calling his low reported tax rate and years of paying no taxes at all a disgrace to working families.

"Donald Trump paid just $750 in income taxes in 2016 and 2017. He knows better than anyone that there’s one set of rules for the wealthy and giant corporations and another for hardworking Americans—and instead of using his power to fix it, he's taken advantage of it at every turn," tweeted Sen. Elizabeth WarrenElizabeth WarrenSanders: Netanyahu has cultivated 'racist nationalism' Tensions mount among Democrats over US-Israel policy Warren says Republican Party 'eating itself and it is discovering that the meal is poisonous' MORE (D-Mass.).

"Shock of shocks! Donald Trump, the self-proclaimed billionaire, received a $72.9 million tax refund from the IRS while not paying a nickel in federal income taxes in 10 out of 15 years," added Sen. Bernie SandersBernie SandersSanders: Netanyahu has cultivated 'racist nationalism' Former OMB pick Neera Tanden to serve as senior adviser to Biden Tensions mount among Democrats over US-Israel policy MORE (I-Vt.). "Yep. Trump l-o-v-e-s corporate socialism for himself, rugged capitalism for everyone else."