Author Topic: Joe Biden’s Released Tax Returns Don’t Explain Millions In Income. Where Did It Come From?  (Read 227 times)

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Joe Biden’s Released Tax Returns Don’t Explain Millions In Income. Where Did It Come From?
The sources of President Joe Biden’s large income after he left his post as vice president have never been detailed in his tax returns.
Bob Anderson
April 06, 2022
Quote
In the week prior to the presidential election, I wrote a piece that asked the question, “Where Is Hunter Biden’s Money?” It was an important question then, even more so now. Given the legacy media’s recent validation of Hunter’s laptop that discussed a slice of equity planned for the “Big Guy” in a deal that involved an entity controlled by the Chinese Communist Party (CCP), we should know if any money from it (or other foreign sources) ended up in Joe Biden’s pocket, but we don’t.

Recall that despite then-presidential candidate Biden having bragged that he had released his tax returns with what his team called “a historic level of transparency,” the truth is that he only released his individual returns. Those returns provided no detail regarding the source of most of his income, dollars that flowed to him and his wife Jill by way of S-corporations they set up shortly after his departure from the office of vice president. Those entities, CelticCapri Corp (his) and Giacoppa Corp (hers), contained more than $13 million of the $17 million the couple had reported in income after Biden left office, most of it in the first year (2017). ...

Perhaps sensing smoke starting to build just before the election, USA Today published a “fact check” piece that attempted to support that the Bidens earned “$15.6 million … from speaking fees and book deals” in the years 2017 through 2019 and that “more than $10 million of that total income was profits from Biden’s memoir ‘Promise Me, Dad’ and $3 million in profits from Jill Biden’s book.”

Follow the source link provided to that $10 million number, though, and you’ll end up at Joe Biden’s campaign website with financial disclosure links to only their individual returns — no S-corporation tax returns. So, in reality, readers were left with a smokescreen. (Now the financial disclosure links for 2016, 2017, and 2018 have even been changed to connect to a Democratic National Committee fundraising site via ActBlue rather than the tax documents.) ...

Sens. Chuck Grassley, R-Iowa, and Ron Johnson, R-Wisc., recently showed proof of payments from what they said were CCP-controlled firms “that prove just how connected the Bidens were and how compromised President Biden probably is.” An August 2017 wire receipt showed $100,000 sent from CEFC Infrastructure Investment to Owasco, and a copy of a November 2017 check from CEFC Limited revealed $1 million paid to Hudson West III, LLC. Both recipient entities were tied to the president’s son.

Did any of that money, or other overseas income, go to Joe or Jill?  ...
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Offline Kamaji

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As always, "Follow the Money"!