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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 Exploited S-Corporation Loophole to Avoid Payroll Tax
originally posted by: Southern Guardian
a reply to: xuenchen
Oh boy looks like Joe and Jill have somehow outdone Trump
Woudln't that make them better than Trump by your very own measures then? Since you celebrate Trump on his tax avoidance?
Sorry won't answer questions that you think might be legitimate
I have an s Corp. how exactly did he do this legally?