Daffy old Joe Biden is many things. A viable Presidential candidate isn’t one of them. But he is a hypocrite. Excerpt:
Conventional wisdom might suggest that former Vice President Joe Biden has benefited from two recent news developments: The consolidation of moderate candidates like Sen. Amy Klobuchar around his presidential campaign, and the Supreme Court’s decision to take another Obamacare case next fall. Biden will likely use the court case to contrast his position supporting Obamacare with Vermont Sen. Bernie Sanders’ efforts to abolish it and establish a single-payer system. But one big fact makes Biden an ill-suited fit for this pro-Obamacare message: He deliberately avoided paying a six-figure sum in Obamacare taxes.
In mid-July, after Biden and his wife Jill released their 2016 through 2018 tax returns, press reports noted that, by characterizing over $13 million of income from speaking and writing engagements as profits from two corporations rather than wage income, the couple avoided paying nearly $500,000 in self-employment taxes. Tax experts interviewed at the time called the Bidens’ scheme “pretty aggressive” and not justified, given that the income came from their own intellectual work product, as opposed to any product or service created by a larger corporate entity.
The development raises several fundamental questions about Biden, starting with his blatant hypocrisy. Biden’s ads have claimed that “Obamacare is personal to me,” and that when “others propose to replace it and start over—that’s personal to me too.” But of the 3.8% self-employment tax the Bidens avoided, 0.9% funds Obamacare, and the other 2.9% funds Medicare.
Biden claims that he will defend Obamacare—especially its provisions regarding pre-existing conditions—and other federal health programs. But when given an opportunity to put his proverbial money where his mouth is, by paying the self-employment taxes that fund Obamacare and Medicare, Biden and his wife declined to do so.
Hypocrisy from politicians is, of course, nothing new. Both parties in Congress agree on one thing more than any other: They exempt themselves from almost everything they hang on the rest of us, including Obamacare.
But Groper Joe is being especially egregious here. He moralizes constantly on the need for people – “the wealthy,” of course, of which group he is a member by any rational standard – to pay more in taxes. And yet he engages in (admittedly legal) shenanigans to avoid paying any more than he can get away with.
Now there’s nothing wrong with taking pains to reduce your tax profile. We do it ourselves, and Mrs. Animal is excellent at wading through the various laws and regulations governing small businesses to make sure we pay every penny legally required of us and not one penny more. But mind: We aren’t the ones making high-handed moral claims about how people should pay more taxes. Biden is, and he could easily lead by example – but he doesn’t. What a loathsome, disgusting act of hypocrisy.
The article here concludes:
Over the years, Joe Biden has repeatedly used a simple phrase: “Don’t tell me what you value. Show me your budget, and I’ll show you your values.” When it came time for him to “cash in” following years in the public sector, Joe Biden’s personal budget didn’t include the taxes to pay for the Obamacare law he claims to value. The press should question him on the yawning chasm between his claims and the values he expressed in his tax returns.
The increasingly-befuddled, possibly non compis mentis Biden’s handlers should expect President Trump to hit him with this in the Presidential debates. And frankly, the President’s advisors should know better than to leave this issue lying on the table, especially since one of the debates can be expected to focus tightly on health care policy. It’s just too juicy a morsel not to use; not only is it a cogent rebuttal to Biden’s quote above, it also plays into another useful tactic: Make old Groper Joe lose his cool and launch into one of his unhinged, profane rants. That would be worth thousands of votes in and of itself.