During 2017, 2018 and 2019, President Biden and First Lady Jill Biden recorded income in excess of $13 million in two S corporations --- CelticCapri Corporation and Giacoppa Corporation
President Biden has falsely claimed that only wealthy Americans would see an increase in their taxes
Bannon said in his podcast that the American tax model is a scam and that those who will end up paying for it will be the grandchildren of those who live today
The numbers vary wildly from state to state—including a few states that will surprise you
According to this document, the Bidens declared an income of 607,336 dollars in 2020, of which they paid $157,414 in federal taxes, or 25.9%, as well as $28,794 to the state of Delaware, where they resided
The problem with a wealth tax is that it starts from the notion that a high capitalization in assets equals a lot of liquidity
The strategy is to redouble the tax bet: propose an unusual tax that could -if approved-, capture and pursue millionaires -and small fortunes- even if they were not from the California state itself.