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Posted On: 01/15/2023 12:27:04 PM
Post# of 127205
Biden Should Explain Why He Dodged $500k in Taxes
President Biden avoided paying $500,000 in payroll taxes including $121,000 in Obamacare taxes by utilizing a tax loophole, as noted in a letter by Republican Study Committee Chairman Jim Banks (R-Ind.).
As the letter notes, Biden used two S-corporations to avoid paying $500,000 in payroll taxes:
“Your 2017, 2018, and 2019 tax returns show that you and the First Lady sheltered over $13 million of income in two S-corporations: the CelticCapri Corporation and the Giacoppa Corporation. Press reports indicate that you both directed revenue from book royalties and speaking appearance fees into these two corporations.”
Sheltering this income was done for the sole purpose of avoiding tax. As the letter notes:
https://www.atr.org/biden-should-explain-why-...00k-taxes/
This is a Guy that Spent his life in government .
And Now he has his WIFE Fucking the government
President Biden avoided paying $500,000 in payroll taxes including $121,000 in Obamacare taxes by utilizing a tax loophole, as noted in a letter by Republican Study Committee Chairman Jim Banks (R-Ind.).
As the letter notes, Biden used two S-corporations to avoid paying $500,000 in payroll taxes:
“Your 2017, 2018, and 2019 tax returns show that you and the First Lady sheltered over $13 million of income in two S-corporations: the CelticCapri Corporation and the Giacoppa Corporation. Press reports indicate that you both directed revenue from book royalties and speaking appearance fees into these two corporations.”
Sheltering this income was done for the sole purpose of avoiding tax. As the letter notes:
https://www.atr.org/biden-should-explain-why-...00k-taxes/
This is a Guy that Spent his life in government .
And Now he has his WIFE Fucking the government
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