Author Topic: His Returns Show Joe Biden Has Dodged Half A Million In Taxes While Urging Tax Increases  (Read 63 times)

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 His Returns Show Joe Biden Has Dodged Half A Million In Taxes While Urging Tax Increases

Biden went out of his way to avoid paying Obamacare taxes, using a loophole that tax experts said he put in place solely to reduce his tax bill.

By Christopher Jacobs
May 19, 2021

On Monday, the delayed due date for filing federal taxes for the last calendar year, the White House made a theatrical show of releasing President Biden’s 2020 tax returns. In so doing, the new administration wanted to show a contrast with Biden’s predecessor, Donald Trump, who did not release his tax returns.

But while the White House emphasized the release of Biden’s returns, it does not want reporters to scrutinize the content of those returns, because doing so would highlight a pattern of hypocritical behavior by the current president and his family. To wit: For the fourth year running, the First Family used a questionable tax loophole to avoid paying more than $500,000 in Medicare and Obamacare taxes — a loophole that the Biden administration now claims it wants to close.

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https://thefederalist.com/2021/05/19/his-returns-show-joe-biden-has-dodged-half-a-million-in-taxes-while-urging-tax-increases/
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