Bidens Earned More Than $15 Million in the Past Two Years
9th July 2019
The couple’s earnings from the books and speaking engagements were paid through so-called S-Corporations, which the campaign described as “a common method for taxpayers who have outside sources of income to consolidate their earnings and expenses.”
One of the benefits of laundering your income through an S-corp is that you avoid Self Employent Tax (i.e. Medicare and Social Security).