Biden Took Advantage of Tax Loophole That Obama Tried to Close
10th July 2019
Biden and his wife, Jill Biden, the former second lady, routed their book-deal earnings through an S-Corp, a pass-through entity that allowed the two to avoid a self-employment tax of 3.8%. While that might not seem like much, the Bidens’ saved $500,000 thanks to the strategy.
As I said earlier.