House Republicans are demanding increased transparency from President Joe Biden on his personal tax returns after an investigation found one of his corporate entities reported nearly $10 million in revenue without detailing the sources. The president’s critics believe the sudden influx of money may be related to allegations of bribery against the president.
CelticCapri Corp, an S-corporation for the president, was not listed on the president’s personal tax returns or campaign website, raising eyebrows as to why the 46th president would conceal such a large income source from the public. While it is common to not list corporate revenue on a personal income statement, politicians running for national office typically disclose all sources of income in an attempt to appear as transparent as possible.
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