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Biden could owe as much as $500K in back taxes
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(09-23-2021, 09:37 PM)Hoot Gibson Wrote: I would be shocked if Pedo Joe only owes $500k in back taxes. Maybe we will eventually learn how much Biden earned from the influence-peddling racket that he has been running with his son, world-renowned artist, Hunter. I doubt that any taxes were paid on the half of Hunter's income that goes to Joe.

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

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.”
Hoot if President Biden owes taxes he will pay them unlike the last guy. But New York Post not to good of a source to get your info from.
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RE: Biden could owe as much as $500K in back taxes - by vector#1 - 09-24-2021, 08:09 AM

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