Monday, June 19, 2023

Comparison #1 LLC

 A new type of post, no opinion unless inferred or implied by facts

Comer Reveals New Evidence in Biden Family’s Influence Peddling Schemes

From the thousands of records we’ve obtained so far, we know the Biden family set up over a dozen companies when Joe Biden was vice president.

What Trump's disclosure of his 500 LLCs can and can't tell us

But reviewing a spreadsheet of the names and income streams of Trump's LLCs doesn't actually shine much light on the president's overall financial situation because we don't get to see how much actually ended up in his bank account at the end of the day.

Releasing just the list of LLCs also withholds other vital information, tax attorney Steve Moskowitz told NBC News: Without Trump's tax returns, we don't know which foreign assets or bank accounts he owns or where they're located. We don't know how much foreign tax he has paid and to which countries. We can't verify which charities he's funding. And without his taxes we can't calculate how much he may have saved on pass-through entity income as a result of the new tax law he signed in December.

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