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Biden Earned $21,000 Last Year From the Secret Service

30 comments, 272 views, posted 3:53 pm 15/04/2012 in News by Quaektem
Quaektem has 14584 posts, 1814 threads, 401 points, location: Logic and reason are the gnashing of teeth in a world ruled by emotions.

Biden Earned $21,000 Last Year From the Secret Service

by Keith Koffler on April 14, 2012, 12:16 pm

No, he’s not moonlighting as an agent.

Vice President Joe Biden last year earned $20,900 in rental income from the Secret Service, which is paying him to host agents on his property so they can protect him.

Most high-profile people in need of protection pay people to keep them safe. Government officials are allowed to have taxpayers pick up the tab. Biden is unique in that he actually gets paid by his bodyguards for the right to protect him.

Biden’s tax records list rental income of $20,900 from a “cottage” on is property, which is reportedly being leased by the Secret Service and paid for at a rate that could earn him even more money next year.

Biden took deductions for mortgage interest and taxes that allowed him to report only $12,653 of the amount on his federal tax return.

Of course, the Bidens badly need the money. They only had an adjusted gross income of $379,035 last year. This probably also explains why they gave less than 1.5 percent of their income to charity.

Among the $5,540 in charitable donations were $1,000 to the UN World Food Program; $1,080 to the Northern Virginia Community College Alumni Scholarship Fund; $1,000 to the Diocese of Wilmington; Delaware; $360 to a breast health initiative launched by Dr. Jill Biden; and $50 to the Wounded Warrior Project.

http://www.whitehousedossier.com/2012/04/14/biden-earned-21000-year-secret-service/

Extra Points Given by:

bradpitt (10), elsels (5), PiratePoet (25)

Comments

0
1:43 am 16/04/2012

Flee

Quote:
Edwin M. Donovan, special agent in charge at the Secret Service's Office of Public Affairs in Washington, said Mr. Biden isn’t receiving all that money at once. Instead, he said, the purchase order shows plans by the Secret Service to pay Mr. Biden $2,200 per month for another year.

In other words, Mr. Biden isn’t raising the rent.

He has been charging the Secret Service that same rate under previous purchases orders, first reported by The Washington Times this past summer, totaling $13,200.

The White House declined to comment Thursday on the latest purchase order other than to point out that the cottage property was an existing rental when the Secret Service moved in.

There, from a link that was in the article you posted. He was renting the property before the SS rented it.

0
1:58 am 16/04/2012

Flee

Also keep in mind that Biden isn't a multimillionaire like Bush/Cheney/Reagan and many other politicians.

0
2:08 am 16/04/2012

Quaektem

Quote by Flee:
Rick Santorum claimed 138,858 in rental income on his 2010 tax returns.
Reagan 7,100 in 1987 as rental income



From the SS or in general?

1
2:10 am 16/04/2012

Quaektem

Quote by Flee:
Instead, he said, the purchase order shows plans by the Secret Service to pay Mr. Biden $2,200 per month for another year.



Damn, I nailed the price didn't I!

0
2:25 am 16/04/2012

Flee

Quote by Quaektem:
From the SS or in general?


Just in general. SS doesnt publish expense reports on the net and only their expense reports would show that they rented Bidens cottage. Income tax forms don't require the owner to list who they rented it to.

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