Biden’s Biggest Blunders From Last Week

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Is Biden a Tax Cheat?

President Joe Biden greets House Speaker Nancy Pelosi, D-Calif., Friday, July 30 2021, in the Oval Office of the White House. (Official White House Photo by Adam Schultz)

 

Joe Biden is a multi-millionaire who wants to increase taxes on not only wealthy Americans, but all Americans, might actually be a tax cheat himself. 

The New York Post is reporting that Biden may owe up to $500,000 in back taxes. A House Ways and Means Committee is looking at a bill that would end the accounting trick that Biden used to pay less in taxes. The proposed bill would also grant additional funding to the IRS for audits. This all being said, it might be the case now that Biden owes the IRS money under current rules. 

A report by the Congressional Research Service was sent to the New York Post suggesting that the estimate of $500,000 lines up with what Biden may owe the IRS under current rules. 


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