This Tax Day, Biden Should Release His Full, Corporate Tax Returns
By: Eleanor Bartow
April 18, 2022
President Joe Biden released his tax returns last Friday, and the White House claimed “with this release, the President has shared a total of 24 years of tax returns with the American public, once again demonstrating his commitment to being transparent with the American people about the finances of the commander in chief.” Biden has previously boasted about his “transparency” in releasing his tax returns.
Except the most revealing parts of his tax returns are not public.
Joe and his wife Jill Biden have released their jointly filed individual tax returns, but not the corporate tax returns containing details on the S-corporations that have been the source of most of their recent income and that they set up shortly after Joe Biden left his post as vice president, as The Federalist has reported.
After he left office, Biden and his wife’s income increased massively, from a total of $396,552 in 2016 to $16,603,421 in adjusted gross income between 2017 and 2019. About $13 million of that flowed through their S-corporations.
more
https://thefederalist.com/2022/04/18/this-tax-day-biden-should-release-his-full-corporate-tax-returns/
