Author Topic: The Joe Biden Thread  (Read 41797 times)

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Offline Squidward von Squidderson

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Re: The Joe Biden Thread
« Reply #465 on: December 17, 2020, 01:11:43 pm »
Almost everyone who owns a home in Vancouver is living in a multi million dollar home.

I have a feeling that was Shady pulling something out of his ass.

Shady, how long has Joe Biden been rich, according to your ‘sources’ and how did he get there?

He has had his expensive home ever since he made his millions from the book deal and speaking fees....   just like has been mentioned earlier.

Quote
Biden began buying homes—especially those that were outside his budget—in his twenties, taking out multiple mortgages and receiving loans against life insurance policies. His net worth was often in the negatives—in 2007, he was ranked the least wealthy senator.

Today, the 77-year-old president-elect is hardly middle class anymore. According to a 2019 Forbes estimate, Biden and his wife Jill are worth $9 million, much of that accrued from speaking fees and book deals that came pouring in after his vice presidency. About $4 million of that worth is in his real estate.
https://www.townandcountrymag.com/leisure/real-estate/a33809100/joe-biden-real-estate-homes/

Sounds like the nickname “Middle Class Joe” was apt until very recently.
« Last Edit: December 17, 2020, 01:16:20 pm by the_squid »
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Offline wilber

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Re: The Joe Biden Thread
« Reply #466 on: December 17, 2020, 01:24:49 pm »
Complete nonsense.  He's been living in a multi-million dollar home for decades.  His middle class schtick is all for show.  I can't believe people still fall for that.

He isn't middle class anymore but then Trump never has been.

According to Forbes, the Bidens are worth 9 million. Most of their money has been made since 2016. They made $396,000 in 2016, his last year in office. Due to speaking engagements and book royalties after he left office they made millions and paid 3.7 million in personal income taxes in 2017 and 1.7 million in 2018. Trump paid what, $750? So Biden definitely not in the same league as Trump when it comes to tax dodges.
"Never trust a man without a single redeeming vice" WSC
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guest78

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Re: The Joe Biden Thread
« Reply #467 on: December 18, 2020, 11:47:44 am »
He isn't middle class anymore but then Trump never has been.

According to Forbes, the Bidens are worth 9 million. Most of their money has been made since 2016. They made $396,000 in 2016, his last year in office. Due to speaking engagements and book royalties after he left office they made millions and paid 3.7 million in personal income taxes in 2017 and 1.7 million in 2018. Trump paid what, $750? So Biden definitely not in the same league as Trump when it comes to tax dodges.
Trump has never claimed to be.  In fact, he's bragging about the complete opposite.  Regardless, Trump is following tax law.  When you follow the law it isn't dodging.  Biden is more responsible for existing tax law than Trump is.  Trump just took advantage of the generous write offs allowed by the Obama administration post housing bubble.  Trump pays the legally required amount.  We don't really know about Biden because of some of the possible overseas deals that have been set up by his son and brother.
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Offline waldo

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Re: The Joe Biden Thread
« Reply #468 on: December 18, 2020, 12:07:54 pm »
Regardless, Trump is following tax law.  When you follow the law it isn't dodging. Trump just took advantage of the generous write offs allowed by the Obama administration post housing bubble.  Trump pays the legally required amount.

wait, what? Has Trumpy finally released his tax returns to allow you to make such pointed and specific claims?

c'mon member Shady, loserTrump lost - get over it!
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guest78

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Re: The Joe Biden Thread
« Reply #469 on: December 18, 2020, 12:21:26 pm »
wait, what? Has Trumpy finally released his tax returns to allow you to make such pointed and specific claims?

c'mon member Shady, loserTrump lost - get over it!
The IRS gets his tax returns every year.  You know, the agency that enforces tax law?  LOL!  Do'h!

Offline wilber

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Re: The Joe Biden Thread
« Reply #470 on: December 18, 2020, 12:57:04 pm »
Trump has never claimed to be.  In fact, he's bragging about the complete opposite.  Regardless, Trump is following tax law.  When you follow the law it isn't dodging.  Biden is more responsible for existing tax law than Trump is.  Trump just took advantage of the generous write offs allowed by the Obama administration post housing bubble.  Trump pays the legally required amount.  We don't really know about Biden because of some of the possible overseas deals that have been set up by his son and brother.

We'll see what the courts have to say when he is  out of office. We really have no idea what Trump did because he won't make his returns public. We know exactly what Biden did because he does make his public.
"Never trust a man without a single redeeming vice" WSC

guest78

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Re: The Joe Biden Thread
« Reply #471 on: December 18, 2020, 01:01:44 pm »
We'll see what the courts have to say when he is  out of office. We really have no idea what Trump did because he won't make his returns public. We know exactly what Biden did because he does make his public.
That’s just not true.  Tax returns don’t need to be public for tax law to be enforced.  The IRS audits Trump every year.  They receive his tax returns every year.  They determine if he’s following the law every year.

Offline wilber

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Re: The Joe Biden Thread
« Reply #472 on: December 18, 2020, 01:14:56 pm »
That’s just not true.  Tax returns don’t need to be public for tax law to be enforced.  The IRS audits Trump every year.  They receive his tax returns every year.  They determine if he’s following the law every year.

Returns need to be public for these people so the public can tell when they are full of ****.
"Never trust a man without a single redeeming vice" WSC

Offline segnosaur

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Re: The Joe Biden Thread
« Reply #473 on: December 21, 2020, 12:40:37 pm »
Regardless, Trump is following tax law.
Maybe, maybe not.

There are several things that Trump has been suspected of doing that are not simply "using loop holes", but have actually crossed the line into fraud/illegality.

Examples include:
- Lying about the value of property in order to pay less property tax (while at the same time inflating it when attempting to use it for loan purposes)
- Paying Ivanka consultancy fees when she was an employee, which might be an attempt to violate gift taxes
- Claiming some of his real estate as an investment property (which gives certain tax breaks) even though the property had been exclusively used for personal use

Now, at this point none of this has been proven in a court of law... But then, tax fraud cases are often easy to overlook, and Trump has been able to delay such investigations because of his political positions. But at this point the bulk of the evidence suggest that Trump was breaking tax laws.

From: https://www.vox.com/21459231/trump-tax-returns-evasion-fraud
One of the most intriguing revelations in the Times’s reporting on Trump’s long-hidden tax returns is that money he gave his daughter Ivanka was treated as a tax write-off....his company once paid $747,622 to an unnamed consultant...consultant appears to have been his daughter...This is the kind of thing the IRS could easily overlook...when you receive gifts of this size, you need to pay a gift tax on them. If you structure your gift as a consulting fee, it passes to your heir untaxed. Taking what’s really a gift and pretending it’s a business expense is against the law.
...
An earlier New York Times story about Trump’s father’s taxes showed that not only did the president inherit a vast fortune, he did so largely while avoiding paying estate taxes....By the time this story emerged, the statute of limitations had passed, so it was impossible to hold anyone criminally responsible.


From: https://www.vanityfair.com/style/2020/09/eric-trump-westchester-compound-tax-write-off
In his 2014 taxes Trump also reportedly said that Seven Springs is an investment property rather than a personal residence, and as a result he’s written off $2.2 million in property taxes as a business expense....The estate is “really our compound,” Eric Trump told the magazine then, recalling his summers and weekends there...

Also, see:

[yt]28yrkIzVXys[/yt]
« Last Edit: December 21, 2020, 12:42:10 pm by segnosaur »

Offline segnosaur

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Re: The Joe Biden Thread
« Reply #474 on: December 21, 2020, 12:52:56 pm »
That’s just not true.  Tax returns don’t need to be public for tax law to be enforced.  The IRS audits Trump every year.  They receive his tax returns every year.  They determine if he’s following the law every year.
Yes the IRS does audit Trump taxes, and they do enforce the law. But, they are not perfect. They deal largely with the submitted paperwork, and they typically do not have the resources to dig deeper into into potential examples of illegality. As such, people might avoid going to jail as a result.

One such example is the potential that Trump avoided gift taxes by giving money to Ivanka and calling it 'consulting fees'. To catch that sort of thing, they would have to track down 1) who the payments went to, and 2) examine the "work" that was potentially done. Overworked auditors probably don't have that sort of time, so they just check if all the numbers on Trump's forms add up and call it a day.


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guest78

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Re: The Joe Biden Thread
« Reply #475 on: December 23, 2020, 12:42:54 pm »
What a grifter!

Emails obtained by the FBI last year detail how Hunter Biden, the son of former Vice-President Joe Biden, “strategized with his business partner on how to leverage an upcoming official trip to Kiev by his father, then-Vice President Joe Biden, to clinch” his lucrative position on the board of Burisma, reports Just The News, which has obtained copies of the emails.


https://pjmedia.com/news-and-politics/matt-margolis/2020/12/23/the-fbi-has-emails-that-tell-us-why-hunter-biden-was-hired-by-burisma-report-n1227261


guest78

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Re: The Joe Biden Thread
« Reply #477 on: December 23, 2020, 12:50:27 pm »
U.S. Attorney General William Barr says no need for special counsels to investigate election or Hunter Biden
Yes, the investigations are being handled by the FBI under it's normal process.  No special counsel is necessary as of now.

Offline waldo

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Re: The Joe Biden Thread
« Reply #478 on: December 23, 2020, 01:03:27 pm »
What a grifter!

Emails obtained by the FBI last year detail how Hunter Biden, the son of former Vice-President Joe Biden, “strategized with his business partner on how to leverage an upcoming official trip to Kiev by his father, then-Vice President Joe Biden, to clinch” his lucrative position on the board of Burisma, reports Just The News, which has obtained copies of the emails.

 ;D these "supposed emails" were on that most suspect laptop that the "good samaritan" repair shop owner turned over to ColludyRudy! Geezaz member Shady, you're such a simpleton!

Offline kimmy

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Re: The Joe Biden Thread
« Reply #479 on: December 23, 2020, 01:24:26 pm »
A source that still refers to Joe Biden as "former Vice President" on December 23, 2020... that's a powerful statement about their credibility.  They might have better luck convincing people to take them seriously if they would acknowledge reality.

That aside, this is a great example of Senile Rudy and his ridiculous laptop hijinx has pretty much ruined the Hunter Biden story as a "gotcha" story for Republicans.

You say the FBI has emails.  And Waldo says they came from the laptop that Rudy got from his trip to Eastern Europe to meet Andrei Derkach Delaware to meet the Magic Laptop Repair Guy. And it makes it easy for me to just file the whole thing in the same wastepaper basket as "her emails!" and "Benghazi Benghazi Benghazi" and all the other nothingburgers Republicans served up for years.


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