News Thud:
The media and Democrats are consumed over President Trump’s tax returns again however, it appears that former Vice President Joe Biden has been exploiting some tax loopholes himself.
In August the Wall Street Journal’s Chris Jacobs exposed how the Biden family has strutted an “S-Corp” to avoid paying hundreds of thousands of dollars in taxes.
The report was titled, “How the Biden Dodged the Payroll Tax.”
The Wall Journal exposed how the Biden family set up an S-Corporation to avoid paying at least $500 thousand.
“Joe Biden responded to President Trump’s partial suspension of payroll-tax collections with a statement calling it the ‘first shot in a new, reckless war on Social Security,’” Jacobs wrote. He continued: “‘Our seniors and millions of Americans with disabilities are under enough stress without Trump putting their hard-earned Social Security benefits in doubt.’ Mr. Biden’s objections might be more persuasive had he and his wife, Jill, not gone out of their way to avoid funding seniors’ entitlement benefits. According to their tax returns, in 2017 and 2018 the Bidens and his wife Jill avoided payroll taxes on nearly $13.3 million in income from book royalties and speaking fees. They did so by classifying the income as S-corporation profits rather than taxable wages.”
Matter of fact, Biden’s “tax plan” would help him avoid paying further taxes. MORE
avoided paying taxes on money he “earned” from US citizens and money he “earned” from foreign corporations? For doing what work exactly?
Its the American way, right?
Any debate bingo entries for tomorrow?
“I I I I I I I I…..”
“Hillary Putin”
“180 trillion in debt”
“uh uh uh uh uh…”
Speaking of Joe Biden:
https://www.blazingcatfur.ca/2020/09/28/extradition-of-joe-biden-and-hunter-biden-is-to-be-requested-by-ukraine-government-for-criminal-prosecution/
Why are democrats upset about anybody not paying their fair share to support a inherent systemic racist system?
I’m thinking whoever runs the Verse of the Day department at The Bible Gateway is a Trump supporter. The last couple weeks have been uncannily apropos to daily political stuff:
For example, here’s today:
” 1 Corinthians 2:14
New International Version
The person without the Spirit does not accept the things that come from the Spirit of God but considers them foolishness, and cannot understand them because they are discerned only through the Spirit.”
& PDT donates his whole salary every year!!! back to the US government!
how much money did Joke & Jill donate?
(btw …. claiming the ‘Joke & Jill’)
Joe sold his own driveway and had to buy it back. I hope President Trump brings that up tomorrow if there’s a debate. And I say “if” because Governor Coonman just came down with the Covid and Joe paid him a visit a few days ago. We live in interesting, albeit retarded, times.