National

DIAMOND JOE: GOP Outs Biden for Exploiting $13 MILLION Tax Loophole He Now Wants to Close

posted by Hannity Staff - 4.05.21

From Fox News:

While recently touting his infrastructure plan, President Biden griped “the wealthiest 1% of Americans saw their net worth increase by $4 trillion,” he then ripped loopholes and deductions corporations used to dodge taxes.

But a blistering letter from the leader of a House conservative caucus regarding Biden’s own tax loopholes could foreshadow what Republicans will include in their oversight agenda should they flip the House of Representative in 2022.

“House Democrats used their oversight power to subpoena Trump for his tax returns, but they’ve completely ignored Joe Biden’s abuse of our tax code,” Republican Study Committee Chairman Rep. Jim Banks, R-Ind., told Fox News. “When we take back the House in 2022, Oversight [Committee] Republicans won’t forget about Biden’s legally dubious tax avoidance schemes.”

As a private citizen in 2017, 2018 and 2019, Biden and first lady Jill Biden routed $13 million in income through two S-corporations – CelticCapri Corporation and the Giacoppa Corporation – to avoid paying taxes that help fund Medicare and the Affordable Care Act (ACA), better known as ObamaCare. While entirely legal, Biden has advocated eliminating such loopholes, while also promoting the expansion of both Medicare and ObamaCare.

The Banks letter to Biden asked, “Do you intend to undo your hypocrisy and pay these taxes back to the American people?”

“Press reports indicate that you both directed revenue from book royalties and speaking appearance fees into these two corporations avoiding self-employment payroll tax liabilities that would have flowed to America’s Medicare program that provides care to over 60 million seniors,” reads the letter, dated March 25.

Read the full report at Fox News.

BIDEN IN CAROLINA: ‘My Name is Joe Biden, I’m a Democratic Candidate for the United States Senate’

posted by Hannity Staff - 2.25.20

Former Vice President Joe Biden continued his gaffe-ridden campaign in South Carolina this week; bizarrely telling the crowd he’s running for the United States Senate.

“My name is Joe Biden. I’m a Democratic candidate for the United States Senate. Look me over, if you like what you see, help out. If not, vote for the other Biden,” he told supporters just days before the South Carolina primary.

Biden made similar comments earlier this month, delivering a speech in Nevada where he called for innovative solutions like they’ve implemented “Here in California.”

“The new technologies are capable of doing so much more. For example, there’s no reason why -at our ports- we don’t have solar capacity to be able to make sure we save a lot of energy, create a lot of new jobs for people out there, just like here in California… I mean… here in Nevada,” said Biden.

Watch Biden’s comments above.

BIDEN IN IOWA: I’ve Spent a Lot of Time with South Korea’s Kim Jong Un

posted by Hannity Staff - 12.02.19

Former Vice President Joe Biden continued his gaffe-laden campaign tour in Iowa over the weekend; bizarrely stating he’s “spent a lot of time” with “Kim Jong Un in South Korea.”

“You see what’s happening all around the world with his embrace of dictators. Folks like Putin, Kim Jong Un in South Korea and the way he talks about America, the way he talks about our allies,” said Biden.

“I know them. Putin has no illusions about whether I know him or not. Kim Jong Un has no illusions about whether I know him or not… I’ve spent a lot of time with these folks, they know,” he added.

Watch Biden’s comments above.

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