Records: In 2021, Joe Biden Didn’t ‘Pay His Fair Share’ in Taxes AgainJoe Biden has a dirty little secret that he doesn’t want the American people to learn about: He appears to be avoiding tens of thousands of dollars in taxes.BY: CHRISTOPHER JACOBS
APRIL 18, 2022
To the Biden White House, the final working day of last week wasn’t Good Friday—and it wasn’t Jackie Robinson Day, either. To borrow an analogy from “The West Wing,” the Biden White House used last Friday as “Take Out the Trash Day,” dumping out President Biden’s 2021 tax returns late on a Friday afternoon, ahead of the Easter and Passover holidays.
This year, Tax Day didn’t come until Monday, April 18. One would think that, because Biden has released his tax returns and his predecessor did not, he would want to highlight this fact in a very public manner. Why didn’t Biden wait until Monday, and hold a big press conference where he could wave around his returns for everyone to see, to emphasize the fact that he’s “not like Donald Trump”?
Because Biden does have something to hide. He apparently has a dirty little secret—actually, it’s a pretty big secret—that he doesn’t want the American people to learn about. According to his own Treasury Department, Biden didn’t “pay his fair share” in taxes, and hasn’t for several years.
Corporate LoopholeI have written about this issue on several previous occasions. Upon leaving the vice presidency in January 2017, Biden and his wife Jill established two S-corporations to handle their book and speech income. By characterizing most of their income as profits from the corporations rather than wages, the Bidens were able to avoid payroll taxes on more than $13 million worth of income.
In 2021, they were back at it again, writing off $61,995 in corporate profits as exempt from payroll taxes, as evidenced on page 13 of their returns:
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Source:
https://thefederalist.com/2022/04/18/tax-records-show-that-in-2021-joe-biden-didnt-pay-his-fair-share-in-taxes-again/
