- Joined
- May 7, 2016
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Seems he attempted to use a loop hole to avoid taxes on speeches and book sales. Taxes that would go to fun Medicare and Obamacare
"Banks said the report indicated that Biden improperly used "S corporations" while he and first lady Jill Biden raked in over $13 million on speaking fees and book sales in 2017 and 2018, but counted less than $800,000 of it as a salary that could be taxed for Medicare."
"But when the Bidens released their tax returns during his presidential campaign, they showed that the couple saved up to $500,000 by avoiding the 3.8% self-employment tax with the S corporations."
In before "oh the right likes taxes, returns being public, and the IRS now"
https://www.google.com/amp/s/www.fo...-owe-up-to-500k-in-back-taxes-report-says.amp
https://www.google.com/amp/s/www.da...00-taxes-IRS-avoiding-pay-Medicare-years.html
"Biden wants to increase your taxes"
Source for that claim?