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Biden could owe as much as $500K in back taxes, government report indicates

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posted on Sep, 23 2021 @ 10:21 PM
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By Steven Nelson September 23, 2021 6:00pm Updated

WASHINGTON — Republicans say a new non-partisan report indicates President Joe Biden improperly avoided paying Medicare taxes before he took office — raising eyebrows and the possibility that he owes the IRS as much as $500,000 in back taxes.

Biden is leading a Democratic push for a $3.5 trillion bill to subsidize childcare, education and health care by targeting tax avoidance and raising tax rates on higher incomes so the rich “pay their fair share.”

A House Ways and Means Committee draft of the bill would end the accounting trick apparently exploited by Biden and boost IRS funding for audits — but the new report, drafted by the Congressional Research Service and provided to The Post, suggests Biden owes taxes under current rules, according to the congressman who requested it.

“Joe Biden wants to raise taxes by $2.1 trillion while claiming the rich need to pay their ‘fair share.’ But in 2017, multi-millionaire Joe Biden skirted his payroll taxes — the very taxes that fund Medicare and Obamacare,” said Rep. Jim Banks (R-Ind.), chairman of the conservative Republican Study Committee.

“According to the criteria CRS provided to my office, he owes the IRS and the American people hundreds of thousands of dollars in back taxes,” Banks said. “Every American should know about Joe Biden’s tax hypocrisy.”
...

Biden could owe as much as $500K in back taxes, government report indicates

So, Joe Biden, the Chinese asset that is presently criminally occupying the White House, seems to be in more trouble and this time with the IRS.

A Government document from the Congressional Research Service seems to indicate that Biden avoided paying taxes on medicare before stealing the vote which presently has him illegally occupying the White House and actively destroying the U.S. in the democrat goal to convert the U.S. into a third world nation by destroying our wealth.

Here is a link to the document.

Link

Would this be the scandal that breaks the criminal Biden administration, or will the left continue to allow a criminal to occupy the White House?



posted on Sep, 23 2021 @ 10:32 PM
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originally posted by: ElectricUniverse


By Steven Nelson September 23, 2021 6:00pm Updated

WASHINGTON — Republicans say a new non-partisan report indicates President Joe Biden improperly avoided paying Medicare taxes before he took office — raising eyebrows and the possibility that he owes the IRS as much as $500,000 in back taxes.

Biden is leading a Democratic push for a $3.5 trillion bill to subsidize childcare, education and health care by targeting tax avoidance and raising tax rates on higher incomes so the rich “pay their fair share.”

A House Ways and Means Committee draft of the bill would end the accounting trick apparently exploited by Biden and boost IRS funding for audits — but the new report, drafted by the Congressional Research Service and provided to The Post, suggests Biden owes taxes under current rules, according to the congressman who requested it.

“Joe Biden wants to raise taxes by $2.1 trillion while claiming the rich need to pay their ‘fair share.’ But in 2017, multi-millionaire Joe Biden skirted his payroll taxes — the very taxes that fund Medicare and Obamacare,” said Rep. Jim Banks (R-Ind.), chairman of the conservative Republican Study Committee.

“According to the criteria CRS provided to my office, he owes the IRS and the American people hundreds of thousands of dollars in back taxes,” Banks said. “Every American should know about Joe Biden’s tax hypocrisy.”
...

Biden could owe as much as $500K in back taxes, government report indicates

So, Joe Biden, the Chinese asset that is presently criminally occupying the White House, seems to be in more trouble and this time with the IRS.

A Government document from the Congressional Research Service seems to indicate that Biden avoided paying taxes on medicare before stealing the vote which presently has him illegally occupying the White House and actively destroying the U.S. in the democrat goal to convert the U.S. into a third world nation by destroying our wealth.

Here is a link to the document.

Link

Would this be the scandal that breaks the criminal Biden administration, or will the left continue to allow a criminal to occupy the White House?





Annnnd?

That’s nothing. The precedent has been established that a President can serve while potentially owing millions of dollars to the IRS.

It is actually laughable to you bring this here.



posted on Sep, 23 2021 @ 10:37 PM
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a reply to: Bunch

How exactly is it laughable?



posted on Sep, 23 2021 @ 10:37 PM
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a reply to: Bunch

Why, exactly, do you find this amusing?



posted on Sep, 23 2021 @ 10:39 PM
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a reply to: JinMI

You and I posted nearly the exact question at the exact minute.



posted on Sep, 23 2021 @ 10:41 PM
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originally posted by: JinMI
a reply to: Bunch

How exactly is it laughable?




There was this President that serve that was estimated to potentially owe the IRS $100 million dollars. Compare that to $500K and it is pretty laughable.



posted on Sep, 23 2021 @ 10:43 PM
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We'll find out when the audit is completed?



posted on Sep, 23 2021 @ 10:43 PM
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originally posted by: Bunch

originally posted by: JinMI
a reply to: Bunch

How exactly is it laughable?




There was this President that serve that was estimated to potentially owe the IRS $100 million dollars. Compare that to $500K and it is pretty laughable.




Potentially??



posted on Sep, 23 2021 @ 10:44 PM
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originally posted by: Bunch

Annnnd?

That’s nothing. The precedent has been established that a President can serve while potentially owing millions of dollars to the IRS.

It is actually laughable to you bring this here.


What "precedent" are you talking about?... I have got a gut feeling this is going to be hilarious...



edit on 23-9-2021 by ElectricUniverse because: correct comment.



posted on Sep, 23 2021 @ 10:45 PM
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a reply to: Bunch

"Potentially" would fall where between "accused with zero evidence as a part of a lashing out act" and "accused following a review of documents that indicate tax evasion did take place?" The IRS audited Trump, found nothing untoward... let's see if Biden can claim the same.



posted on Sep, 23 2021 @ 10:46 PM
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a reply to: ElectricUniverse

Hunter could sell one painting to cover that tax debt.

$500k is nothing to the maestro.



posted on Sep, 23 2021 @ 10:47 PM
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originally posted by: Bunch

originally posted by: ElectricUniverse


By Steven Nelson September 23, 2021 6:00pm Updated

WASHINGTON — Republicans say a new non-partisan report indicates President Joe Biden improperly avoided paying Medicare taxes before he took office — raising eyebrows and the possibility that he owes the IRS as much as $500,000 in back taxes.

Biden is leading a Democratic push for a $3.5 trillion bill to subsidize childcare, education and health care by targeting tax avoidance and raising tax rates on higher incomes so the rich “pay their fair share.”

A House Ways and Means Committee draft of the bill would end the accounting trick apparently exploited by Biden and boost IRS funding for audits — but the new report, drafted by the Congressional Research Service and provided to The Post, suggests Biden owes taxes under current rules, according to the congressman who requested it.

“Joe Biden wants to raise taxes by $2.1 trillion while claiming the rich need to pay their ‘fair share.’ But in 2017, multi-millionaire Joe Biden skirted his payroll taxes — the very taxes that fund Medicare and Obamacare,” said Rep. Jim Banks (R-Ind.), chairman of the conservative Republican Study Committee.

“According to the criteria CRS provided to my office, he owes the IRS and the American people hundreds of thousands of dollars in back taxes,” Banks said. “Every American should know about Joe Biden’s tax hypocrisy.”
...

Biden could owe as much as $500K in back taxes, government report indicates

So, Joe Biden, the Chinese asset that is presently criminally occupying the White House, seems to be in more trouble and this time with the IRS.

A Government document from the Congressional Research Service seems to indicate that Biden avoided paying taxes on medicare before stealing the vote which presently has him illegally occupying the White House and actively destroying the U.S. in the democrat goal to convert the U.S. into a third world nation by destroying our wealth.

Here is a link to the document.

Link

Would this be the scandal that breaks the criminal Biden administration, or will the left continue to allow a criminal to occupy the White House?





Annnnd?

That’s nothing. The precedent has been established that a President can serve while potentially owing millions of dollars to the IRS.

It is actually laughable to you bring this here.

Just because MSNBC's Rachel Manbrow screamed that from the rooftop for four years that it might be so doesn't make it even slightly true with the orange guy.

Joe's taxes apparently show otherwise though, and no, he doesn't get a pass because of the orange guy.

I wonder how much Joe would owe if the Ukranian money were to someday be discovered...



posted on Sep, 23 2021 @ 10:48 PM
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originally posted by: burdman30ott6
a reply to: Bunch

"Potentially" would fall where between "accused with zero evidence as a part of a lashing out act" and "accused following a review of documents that indicate tax evasion did take place?" The IRS audited Trump, found nothing untoward... let's see if Biden can claim the same.


Not to mention the fact that in ATS we proved that the mainstream media LIED when they claimed President Trump didn't pay taxes... It was rather ironic that the very same article that claimed he didn't pay taxes actually stated that he did pay millions of dollars in taxes... But most leftists/anti-Trumpers didn't bother to actually read that article which made the false claim...



posted on Sep, 23 2021 @ 10:48 PM
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Lord the modern fascist Democrat projects their party icons' sins onto innocent Conservatives better that Pavoratti projected his voice on stage.



posted on Sep, 23 2021 @ 10:50 PM
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a reply to: burdman30ott6

Well let’s see then.

The article uses the same language… “there’s a possibility”

Nothing has been adjudicated. But for people here to try to make a big stink out of this is pretty laughable.



posted on Sep, 23 2021 @ 10:54 PM
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a reply to: ElectricUniverse

They accused Trump of colluding with foreign entities... instead we end up with China Joe and his son's Ukranian handlers.
They accused Trump of fascism... instead we end up with Democrat leaders locking down cities and states and China Joe trying to issue mandates that ignore any Americans' Constitutional Right over their own body.
They accused Trump of being a war monger... instead we ended up with the most peaceful presidency in decades and China Joe manages to turn that peace into a massive cluster#.
They accused Trump of tax evasion... instead they've found zero evidence that Trump evaded taxes, but it looks like China Joe did exactly that.

I'm concerned the Democrats are planning an insurrection and nuclear war at this point, both of which would fit right into their mental illness of telegraphing their own sins by premeditatively projecting them onto the Right.



posted on Sep, 23 2021 @ 10:55 PM
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originally posted by: Bunch
a reply to: burdman30ott6

Well let’s see then.

The article uses the same language… “there’s a possibility”

Nothing has been adjudicated. But for people here to try to make a big stink out of this is pretty laughable.


Read the report...

BTW, why don't you respond to your claim that a POTUS made a precedent for not paying millions in taxes... Whom are you talking about, and what article are you talking about?...





edit on 23-9-2021 by ElectricUniverse because: add comment.



posted on Sep, 23 2021 @ 10:55 PM
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originally posted by: Bunch

originally posted by: JinMI
a reply to: Bunch

How exactly is it laughable?




There was this President that serve that was estimated to potentially owe the IRS $100 million dollars. Compare that to $500K and it is pretty laughable.


So we should have impeachment x3...Senate and house hearings...intelligence hearings. Etc etc?


Yall didn't think it was laughable then........



posted on Sep, 23 2021 @ 10:55 PM
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a reply to: Bunch

Its Biden related, so any "stink" is coming from either his pants, the neads of those who voted for the bastard, or both...



posted on Sep, 23 2021 @ 10:57 PM
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originally posted by: JinMI


So we should have impeachment x3...Senate and house hearings...intelligence hearings. Etc etc?


Yall didn't think it was laughable then........


They all lied alongside the New York Times which lied in it's title but if any leftist/anti-Trumper had bothered to read the article they would have found that President Trump did pay millions in taxes despite the NYT lying about it in it's title...





edit on 23-9-2021 by ElectricUniverse because: add comment.



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