October 20, 2020, 7:43 AM EST
written by Net Advisor™
GREENVILLE, Delaware. As much as President Trump has been criticized over tax returns and his wealth, Biden has done quite well for himself.
For a guy on a government salary, former Vice President Biden has millions of dollars’ worth of real estate and tax shelters to hide his assets from the public.
Biden was one of the poorest U.S. Senators with a reported $165,000 to $465,000 debt. Then he got the VP slot under Obama.
Since Biden’s VP term ended under Obama, Biden has made millions on book deals. We don’t think he wrote a single one of them.
Biden’s Corporate Tax Shelters.
Most of Biden’s wealth is funneled within two separate S-Corporations (p12) (which is perfectly legal) as long as proper tax filings and compliance matters are accurate. This allows Biden to (legally) hide his actual wealth from the public.
In 2018, Joe and Jill Biden managed to legally “dodge” $506,097 (p14) in taxable income through their S-corporations – You know, the one’s that the media chastises Trump about?
Biden has called himself, ‘middle-class Joe.’ According to CNN, “Joe Biden made $15.6 Million in the two years after leaving office.” That hardly qualifies as “middle-class,” Joe.
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