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

Original Article

Posted By: Ribicon, 9/23/2021 7:38:26 PM

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.(Snip)Banks said the report shows Biden improperly used “S corporations” to avoid paying Medicare tax on speaking fees and book sales in 2017 and 2018. Biden and first lady Jill Biden routed more than $13 million through S corporations and counted less than $800,000 of it as salary eligible for the Medicare tax—exempting the rest from what would have been a 3.8 percent rate, the Wall Street Journal reported.


Did the Bidets have former Treasury Secretary Tim "Turbotax" Geithner do their taxes? His honest mistakes, made on his quarterly filings for however many years, were of no consequence. The 1% also have tricks built into the tax code, as everyone knows. Did President Poopypants declare the 10% for the Big Guy? Almost certainly not, but only the Bad Orange Man's taxes were of any concern to the ethical Democrats.

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Reply 1 - Posted by: snowoutlaw 9/23/2021 7:44:58 PM (No. 924400)
So far all the articles of impeachment brought up against Biden have been for policy or for just being stupid. Now these are things an impeachment is meant for for, these are actual crimes. I expect to see the hearings start soon right? Of course we all know these things a year ago, nothing new here.
20 people like this.

Reply 2 - Posted by: JL80863 9/23/2021 7:47:52 PM (No. 924402)
I'll bet he really owes at least three times that number.
21 people like this.

Reply 3 - Posted by: volksford 9/23/2021 7:50:20 PM (No. 924405)
Pay up you deadbeat sob.
15 people like this.

Reply 4 - Posted by: bighambone 9/23/2021 7:54:19 PM (No. 924411)
Neither the Democrats or the wimpy Republicans are going to peruse Biden for back taxes, as a lot of them don’t want anyone nosing around in their tax returns. Biden knows that he can probably buy off the IRS liberal political establishment, and that’s probably why he has been talking about giving the IRS a lot of extra appropriated funds for bureaucratic ivory tower building.
10 people like this.

Reply 5 - Posted by: DVC 9/23/2021 7:57:05 PM (No. 924417)
Traitor Joe will never pay it.
12 people like this.

Reply 6 - Posted by: Surroundedbyblue 9/23/2021 8:00:11 PM (No. 924420)
Some accountant somewhere is preparing to jump on their sword, er, pen, both literally and figuratively. I’m calling now, who,ever didn’t really kill him/her/xir self.
6 people like this.

Reply 7 - Posted by: Come And Take It 9/23/2021 8:05:27 PM (No. 924425)
I will await the screeching from Madcow about his tax returns...
12 people like this.

Reply 8 - Posted by: udanja99 9/23/2021 8:07:29 PM (No. 924426)
Xi will pay the bill.
5 people like this.

Reply 9 - Posted by: Jesuslover54 9/23/2021 8:10:17 PM (No. 924428)
Interest and penalties, don't forget.
5 people like this.

Reply 10 - Posted by: Otis Gill 9/23/2021 8:14:03 PM (No. 924431)
Email Sharpton, Joe. He'll tell you how to skate.
8 people like this.

Reply 11 - Posted by: jalo1951 9/23/2021 8:14:03 PM (No. 924432)
Not to worry, joe. hunter called China and they told him the check is in the mail, big guy. You suck.
8 people like this.

Reply 12 - Posted by: rochow 9/23/2021 8:16:29 PM (No. 924436)
I didn't know that Dems paid taxes ever. Now I do. What a surprise!!
4 people like this.

Reply 13 - Posted by: Lake Dweller 9/23/2021 8:17:07 PM (No. 924437)
What will our pathetic and feckless Republicans do about it??? Nothing of course. What pitiful excuses of ‘leaders’!
12 people like this.

Reply 14 - Posted by: itsonlyme 9/23/2021 8:19:44 PM (No. 924442)
Joe "Dementia" Biden and his wife will throw an accountant and/or tax attorney under the bus and declare some type of snafu. The electorate sheep will nod with approval while they watch re-runs of The Kardashians and The Real Housewives of New Jersey.
6 people like this.

Reply 15 - Posted by: kennedylaw 9/23/2021 8:26:08 PM (No. 924448)
Taxes are for the little people.
7 people like this.

Reply 16 - Posted by: stablemoney 9/23/2021 8:36:02 PM (No. 924454)
Hunter will get the money from Zuckerbucks. This method is legal, as long as the salaries are reasonable and related to actual work, and the balance of the money is a return on invested capital. For a speaking fee, I cannot see how that would in anyway qualify as invested capital. The entire amount of the speaking fees should be subject to the medicare tax. After all, Obama passed it, didn't he?
5 people like this.

Reply 17 - Posted by: Quigley 9/23/2021 8:51:53 PM (No. 924468)
His Sub S earns $13 million in fees from his personal services, but he only claims $800,000 as salary for rendering those personal services to the Sub S. What a stench er ah mensch. Oh AOC!!! Can you put your little gown back on? And get a silver tiara!! Dance for mr bi.den. We’ll send you a list of approved shampoos.
8 people like this.

Reply 18 - Posted by: marbles 9/23/2021 8:57:02 PM (No. 924472)
How much in taxes does he owe on the bribes?
9 people like this.

Reply 19 - Posted by: VAPMAN 9/23/2021 9:51:29 PM (No. 924487)
The Biden administration is totally corrupt. I doubt there is an honest person left in government
3 people like this.

Reply 20 - Posted by: RedWhite&Blue2 9/23/2021 9:53:31 PM (No. 924490)
Biden/Harris and the stolen election fraud are the TAXES we are all forced to pay! The lie cheat steal TAX known as the Democrat political party.... The inoculate indoctrinate propagandize TAX! The Rat TAX we all pay because they exist They’ve TAXED the crap out if this country with their EVIL WAYS
4 people like this.

Reply 21 - Posted by: chance_232 9/23/2021 10:06:28 PM (No. 924498)
Pay your fair share! Pay your fair share! Can we look into the 10% "Big Guy" cut??
2 people like this.

Reply 22 - Posted by: Birddog 9/23/2021 10:30:43 PM (No. 924510)
"Hey, C'mon Man...I'm middleclass, Lunchbox, amtrack Joe...I don't unnerstand these complicated tax things....I only wrote the Laws, voted for the Laws, signed the Laws...ya can't expect me to actually understand them. I was tooo busy workin' for the workin' man to worry about a mere $18Million I made in 2 short years...the ONLY two years of my life when I didn't have a Govt Job making less than $200k"- Joe...what's myname..ohyeah...Biden
4 people like this.

Reply 23 - Posted by: Rumblehog 9/23/2021 11:40:47 PM (No. 924552)
He probably has several unreported and illegal "gifts" from his doper kid and crooked brother and sister too.
2 people like this.

Reply 24 - Posted by: mifla 9/24/2021 5:21:39 AM (No. 924691)
Shut up sheeple! Don't you know who I am!?
0 people like this.

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