Joe Biden didn't pay taxes.

Nostra

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Crazy Joe formed an S corp so he could avoid paying the taxes he owed.

Joe Biden Exploited S-Corporation Loophole to Avoid Payroll Tax

The establishment media is all aflutter Monday after a New York Times story over the weekend about incumbent GOP President Donald Trump’s tax records, but it turns out Democrat candidate former Vice President Joe Biden used a series of tax code loopholes to avoid paying hundreds of thousands of dollars in taxes over the years.

Back in August, the Wall Street Journal’s Chris Jacobs exposed how the Biden family structured what is called an “S-Corp” to avoid paying hundreds of thousands of dollars in taxes.


“How the Bidens Dodged the Payroll Tax,” was Jacobs’ headline on Aug. 10.

In it, the Journal details how the Bidens set up an S-Corporation to avoid paying more than half a million dollars in taxes they would have otherwise owed.

“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.”

Jacobs continued in his expose by noting the corporation the Bidens established to avoid paying the payroll taxes on millions of dollars in income amounts to more than half a million dollars in taxes that Joe and Jill Biden did not pay.


 

Moonglow

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Crazy Joe formed an S corp so he could avoid paying the taxes he owed.

Joe Biden Exploited S-Corporation Loophole to Avoid Payroll Tax

The establishment media is all aflutter Monday after a New York Times story over the weekend about incumbent GOP President Donald Trump’s tax records, but it turns out Democrat candidate former Vice President Joe Biden used a series of tax code loopholes to avoid paying hundreds of thousands of dollars in taxes over the years.

Back in August, the Wall Street Journal’s Chris Jacobs exposed how the Biden family structured what is called an “S-Corp” to avoid paying hundreds of thousands of dollars in taxes.


“How the Bidens Dodged the Payroll Tax,” was Jacobs’ headline on Aug. 10.

In it, the Journal details how the Bidens set up an S-Corporation to avoid paying more than half a million dollars in taxes they would have otherwise owed.

“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.”

Jacobs continued in his expose by noting the corporation the Bidens established to avoid paying the payroll taxes on millions of dollars in income amounts to more than half a million dollars in taxes that Joe and Jill Biden did not pay.


Are you trying to say that both presidential candidates are low life tax avoisionist?
 

Polishprince

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Crazy Joe formed an S corp so he could avoid paying the taxes he owed.

Joe Biden Exploited S-Corporation Loophole to Avoid Payroll Tax

The establishment media is all aflutter Monday after a New York Times story over the weekend about incumbent GOP President Donald Trump’s tax records, but it turns out Democrat candidate former Vice President Joe Biden used a series of tax code loopholes to avoid paying hundreds of thousands of dollars in taxes over the years.

Back in August, the Wall Street Journal’s Chris Jacobs exposed how the Biden family structured what is called an “S-Corp” to avoid paying hundreds of thousands of dollars in taxes.


“How the Bidens Dodged the Payroll Tax,” was Jacobs’ headline on Aug. 10.

In it, the Journal details how the Bidens set up an S-Corporation to avoid paying more than half a million dollars in taxes they would have otherwise owed.

“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.”

Jacobs continued in his expose by noting the corporation the Bidens established to avoid paying the payroll taxes on millions of dollars in income amounts to more than half a million dollars in taxes that Joe and Jill Biden did not pay.


Are you trying to say that both presidential candidates are low life tax avoisionist?

No, just one is a creep.

Sleepy Joe showed his hypocrisy by filming an ad were he pretends to care about starving senior citizens, when nothing could be further from the truth.
 

22lcidw

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Crazy Joe formed an S corp so he could avoid paying the taxes he owed.

Joe Biden Exploited S-Corporation Loophole to Avoid Payroll Tax

The establishment media is all aflutter Monday after a New York Times story over the weekend about incumbent GOP President Donald Trump’s tax records, but it turns out Democrat candidate former Vice President Joe Biden used a series of tax code loopholes to avoid paying hundreds of thousands of dollars in taxes over the years.

Back in August, the Wall Street Journal’s Chris Jacobs exposed how the Biden family structured what is called an “S-Corp” to avoid paying hundreds of thousands of dollars in taxes.


“How the Bidens Dodged the Payroll Tax,” was Jacobs’ headline on Aug. 10.

In it, the Journal details how the Bidens set up an S-Corporation to avoid paying more than half a million dollars in taxes they would have otherwise owed.

“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.”

Jacobs continued in his expose by noting the corporation the Bidens established to avoid paying the payroll taxes on millions of dollars in income amounts to more than half a million dollars in taxes that Joe and Jill Biden did not pay.


Are you trying to say that both presidential candidates are low life tax avoisionist?
The first thing is that Biden lost a kid. No parent wants to outlive a child. That hurts. The other child if corrupted should be in jail. And if Joe is part of it, so should he.
 

Blues Lifer

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Nobody really cares about whether politicians, neighbors, or coworkers pay their taxes. If you do, then you need to get a life, to focus on things that actually matter. Let's talk about how some politicians get so rich, if you really want to focus on other people's personal money.

I'm not attacking you on this, OP. Just saying whether Biden or Trump taxes, it's all meh moving along.
 

Johnlaw

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Joe and Jill Biden paid $3.7 million dollars in personal taxes. Trump who boasted he was worth $10 billion dollars paid $750.00. LOL... what kind of ding-a-ling thinks someone who is worth $1,000,000 much less $10,000,000,000.00 and pays only $750.00 in personal taxes is paying his fair share. Trump is the greatest tax cheat who has ever lived. Lock him up!
 
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Bleipriester

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Trumpers need to insist on how bad that is.
It's not. If it was done legally, there's no problem.

Leftists need to explain how Trump following tax law to reduce his tax burden is worse than Biden following tax law to reduce his tax burden.
It looks like tax loopholes made by fat cats for fat cats.
You cannot be helped, they got you swallowing their shit.
 

toobfreak

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Crazy Joe formed an S corp so he could avoid paying the taxes he owed. Joe Biden Exploited S-Corporation Loophole to Avoid Payroll Tax


I've had / run two S-corporations, it is the same as a LLC (limited liability) and the main purpose is to protect the owner (in other words, under litigation, it is the CORPORATION ENTITY at risk, not you personally), and there is nothing wrong with them. But I never used them to avoid paying payroll tax.

Not sure how you would do that but if Joe did it and did it not breaking any laws, well, loopholes ARE LEGAL-- -- that said, if Joe skirted paying half milion in taxes, it sure takes the wind out of the sails that Donald only (had to ) pay $750 in taxes.
 

daveman

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Joe and Jill Biden paid $3.7 million dollars in personal taxes. Trump who boasted he was worth $10 billion dollars paid $750.00. LOL... what kind of ding-a-ling thinks someone who is worth $1,000,000 much less $10,000,000,000.00 pays only $750.00 in personal taxes. Trump is the greatest tax cheat who has ever lived. Lock him up!
I need to point out that you are not actually entitled to someone else's money.
 

airplanemechanic

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Joe and Jill Biden paid $3.7 million dollars in personal taxes. Trump who boasted he was worth $10 billion dollars paid $750.00. LOL... what kind of ding-a-ling thinks someone who is worth $1,000,000 much less $10,000,000,000.00 and pays only $750.00 in personal taxes is paying his gait share. Trump is the greatest tax cheat who has ever lived. Lock him up!
Maybe because income tax is based on INCOME and not NET WORTH?

Guess who failed econ 101?
 

Johnlaw

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Joe and Jill Biden paid $3.7 million dollars in personal taxes. Trump who boasted he was worth $10 billion dollars paid $750.00. LOL... what kind of ding-a-ling thinks someone who is worth $1,000,000 much less $10,000,000,000.00 pays only $750.00 in personal taxes. Trump is the greatest tax cheat who has ever lived. Lock him up!
I need to point out that you are not actually entitled to someone else's money.
I need to point out that it is illegal to be a tax cheat.
 

daveman

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Trumpers need to insist on how bad that is.
It's not. If it was done legally, there's no problem.

Leftists need to explain how Trump following tax law to reduce his tax burden is worse than Biden following tax law to reduce his tax burden.
It looks like tax loopholes made by fat cats for fat cats.
You cannot be helped, they got you swallowing their shit.
Considering your first post in this thread was to defend Biden by attacking Trump, you're exactly the sort of person I was talking about.

But I didn't expect any rational explanations from any leftists.
 

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