Nazis $#@!ing about Trump's LEGAL tax deductions that gave him such a low tax bill?
https://www.breitbart.com/politics/2...ecurity-taxes/
Joe Biden Exploited S-Corporation Loophole to Avoid Payroll Tax
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 responded to President Trump’s partial suspension of payroll-tax collections with a statement calling it the ‘first shot in a new, reckless war on Social Security,’” Jacobs wrote. He continued: “‘Our seniors and millions of Americans with disabilities are under enough stress without Trump putting their hard-earned Social Security benefits in doubt.’ Mr. Biden’s objections might be more persuasive had he and his wife, Jill, not gone out of their way to avoid funding seniors’ entitlement benefits. According to their tax returns, in 2017 and 2018 the Bidens and his wife Jill avoided payroll taxes on nearly $13.3 million in income from book royalties and speaking fees. They did so by classifying the income as S-corporation profits rather than taxable wages.”
This senile son of a $#@! tries the old Nazi Democrat playbook about denying seniors their Sosha Curity payments, and it looks like they ACTUALLY DID avoid paying the taxes that fund Sosha Curity.
Go ahead, libs. Spin that.
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Originally Posted by Peter1469
