Just a reminder, the big man Pops used an s-corp to reduce his taxes on his book sales and speaking gigs. Remind people of that when they talk about Trump's taxes. You didn't get it from me!

From CNBS

If you’re an entrepreneur looking to save a few bucks, consider borrowing a tax-planning tip from Joe Biden.

The former vice president and 2020 presidential contender and his wife Jill Biden reported about $10 million in income in 2017 from a pair of S-corporations, CelticCapri and Giacoppa. The two entities were paid for the couple’s book deals and speaking gigs.

…

While both S-corps generated a lot of income, they paid out modest salaries in comparison.

In 2017, the two companies paid the couple a combined $245,833 in wages. This increased to $500,000 in 2018.

That mean any amounts the Bidens received as a distribution wasn’t subject to the 15.3% combined Social Security and Medicare tax.

End of Shitty News Service Article

Sauce that smells like melted plastic: https://www.cnbc.com/2019/08/06/joe-biden-used-this-strategy-to-trim-his-tax-bill-you-can-too.html

>>11259168

If you had an enemy that you needed stuff from, and you had videos of his kid doing sick shit to children, what would you do with that information?

Blackmail. Amazes me at how many idiots saying "glad I'm not voting for Hunter" don't understand this. Great strategic minds playing chess with checkers rules.