US President Joe Biden cracked a joke at Donald Trump’s expense on Tuesday, mocking the former president’s financial struggles as the value of his media company continues to plunge. “If Trump’s stock in Truth Social ― his company ― drops any lower, he might do better under my tax plan than his,” Biden said in Pennsylvania, causing the audience to erupt with laughter: “If Trump’s stock in Truth Social, his company, drops any lower, he might do better under my tax plan than his.”— President Biden, while pitching his plan for higher taxes on the rich in Scranton, Pennsylvania pic.twitter.com/2vF3CzpSfJ— The Recount (@therecount) April 16, 2024Trump Media & Technology Group Corp., which went public last month, once hit nearly $80 (£64) a share, briefly putting Trump on the Bloomberg Billionaire Index of the world’s richest 500 people.Since then, however, shares have tanked, closing at $22.84 (£18.32) on Tuesday. Because Trump owns about 60% of the company’s stock, his net worth has plunged as well ― and he’s already lost his spot on the billionaire index.The shares have been on a steep decline since the company revealed in an SEC filing two weeks ago that it earned just $4.1 million (£3.29m) in revenue last year while losing more than $58 million (£46.5 million). The filing also contains ominous words from an auditor, who said there is “a substantial doubt” that the company can “continue as a going concern.”Biden cracked another joke at Trump’s expense, breaking out a line he’s used at other recent events that also refers to the former president’s financial struggles. “Just the other day, a defeated-looking guy came up to me and asked if I could help. He was drowning in debt,” Biden said. “I said, ‘I’m sorry, Donald, but I can’t help you.’”Trump has been hit with nearly half a billion dollars in fines, fees, interest and other penalties as a result of his recent legal defeats. He’s currently appealing those decisions. President Biden: Just the other day a defeated-looking guy came up to me and asked if I could help. He was drowning in debt. I said I’m sorry, Donald, but I can’t help you pic.twitter.com/VDPTV9ZtTs— Biden-Harris HQ (@BidenHQ) April 16, 2024Related…Trump Flips Out Over Barron’s Graduation Ban. Here’s What The Judge Really Said.’Sleepy Don’: Trump Mercilessly Mocked After Reportedly Dozing Off During Trial HuffPost UK – Athena2 – All Entries (Public) Read More