(09-30-2020 07:07 AM)Owl 69/70/75 Wrote:  My question is exactly what are the Bidens doing to pay $3 million plus in federal income taxes? Joe did not come from a wealthy family and has basically been nothing but a politician his whole adult life. How in the world has he managed to generate that kind of income? That's what is wrong with our system IMO.

Well gee...when they release their tax return, you can see!
https://joebiden.com/wp-content/uploads/...eral-3.pdf

And so now you hate capitalism? You REALLY need to make up your mind!

(09-30-2020 07:43 AM)Redwingtom Wrote:  

(09-30-2020 07:07 AM)Owl 69/70/75 Wrote:  My question is exactly what are the Bidens doing to pay $3 million plus in federal income taxes? Joe did not come from a wealthy family and has basically been nothing but a politician his whole adult life. How in the world has he managed to generate that kind of income? That's what is wrong with our system IMO.

Well gee...when they release their tax return, you can see!
https://joebiden.com/wp-content/uploads/...eral-3.pdf
And so now you hate capitalism? You REALLY need to make up your mind!

No, I don't hate capitalism. But I do hate political leeches profiteering off their positions, which Biden has obviously done throughout his political life. And then he has the gall to try to position himself as the hero of the little guy. He and his golddigger wife and opportunist son are the heroes of the Biden bank accounts--and nothing else.

There is nothing capitalistic about the way Biden makes his money. He doesn't invest in any productive activity, he doesn't risk any capital for the purpose of earning a return, he just uses his position to extort people. He's not creating jobs or income or wealth for anyone else, just himself.

(09-30-2020 07:43 AM)Redwingtom Wrote:  

(09-30-2020 07:07 AM)Owl 69/70/75 Wrote:  My question is exactly what are the Bidens doing to pay $3 million plus in federal income taxes? Joe did not come from a wealthy family and has basically been nothing but a politician his whole adult life. How in the world has he managed to generate that kind of income? That's what is wrong with our system IMO.

Well gee...when they release their tax return, you can see!
https://joebiden.com/wp-content/uploads/...eral-3.pdf

And so now you hate capitalism? You REALLY need to make up your mind!

But I thought Quid Pro Quo was an impeachable offense? If the kid was getting $3Mil from the ruskies it must have been just because he is a good kid.

(09-30-2020 08:04 AM)Eldonabe Wrote:  

(09-30-2020 07:43 AM)Redwingtom Wrote:  

(09-30-2020 07:07 AM)Owl 69/70/75 Wrote:  My question is exactly what are the Bidens doing to pay $3 million plus in federal income taxes? Joe did not come from a wealthy family and has basically been nothing but a politician his whole adult life. How in the world has he managed to generate that kind of income? That's what is wrong with our system IMO.

Well gee...when they release their tax return, you can see!
https://joebiden.com/wp-content/uploads/...eral-3.pdf

And so now you hate capitalism? You REALLY need to make up your mind!

But I thought Quid Pro Quo was an impeachable offense? If the kid was getting $3Mil from the ruskies it must have been just because he is a good kid.

A G A I N, there is no proof shown yet that any money went to him personally, much less that it affected his dad or the Obama administration in any way.

And as I've said countless times with Burisma, and it applies here if this transfer even actually happened, that of course they thought the payments would curry favor, but unless you can show they did, there's still nothing here.

Hey Tom, did you look at schedule 12 of Biden’s return?

(09-30-2020 08:58 AM)banker Wrote:  Hey Tom, did you look at schedule 12 of Biden’s return?

There's no such thing as Schedule 12.

If you're referring to Statement 12 for Schedule A, yes I did. Your point?

(09-30-2020 09:29 AM)Redwingtom Wrote:  

(09-30-2020 08:58 AM)banker Wrote:  Hey Tom, did you look at schedule 12 of Biden’s return?

There's no such thing as Schedule 12.

If you're referring to Statement 12 for Schedule A, yes I did. Your point?

Question. Anyone know what the $228K is positive but then turns negative on Statement 12? Am I reading it wrong or missing something?

(09-30-2020 09:39 AM)VA49er Wrote:  

(09-30-2020 09:29 AM)Redwingtom Wrote:  

(09-30-2020 08:58 AM)banker Wrote:  Hey Tom, did you look at schedule 12 of Biden’s return?

There's no such thing as Schedule 12.

If you're referring to Statement 12 for Schedule A, yes I did. Your point?

Question. Anyone know what the $228K is positive but then turns negative on Statement 12? Am I reading it wrong or missing something?

That's Statement 13. And it refers to Form 8960.

It's pass-through income that goes to Schedule 1 and then to his income on Line 7a.

The statement is showing a negative because that income does not apply to Form 8960, so he subtracts it.

(09-30-2020 09:56 AM)Redwingtom Wrote:  

(09-30-2020 09:39 AM)VA49er Wrote:  

(09-30-2020 09:29 AM)Redwingtom Wrote:  

(09-30-2020 08:58 AM)banker Wrote:  Hey Tom, did you look at schedule 12 of Biden’s return?

There's no such thing as Schedule 12.

If you're referring to Statement 12 for Schedule A, yes I did. Your point?

Question. Anyone know what the $228K is positive but then turns negative on Statement 12? Am I reading it wrong or missing something?

That's Statement 13. And it refers to Form 8960.

It's pass-through income that goes to Schedule 1 and then to his income on Line 7a.

The statement is showing a negative because that income does not apply to Form 8960, so he subtracts it.

Ah, ok thanks for the info!