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Keyword: scorporation

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  • Joe Biden Exploited S-Corporation Loophole to Avoid Payroll Tax

    09/28/2020 10:40:32 AM PDT · by bitt · 9 replies
    Breitbart ^ | 9/28/2020 | Matthew boyle
    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,...