Posted on 08/10/2020 7:18:44 AM PDT by MarvinStinson
A large tax debt owed to the government by the son of former Vice President Joe Biden has disappeared, according to a report.
Hunter Biden, who has faced scrutiny over allegedly profiting from businesses internationally using his father’s influence, recently told a court in his Arkansas paternity case that he was out of work and broke.
The Washington Free Beacon reported Saturday that despite the younger Biden’s reported personal and financial woes, he was able to resolve a six-figure tax debt in a short period of time.
“Hunter Biden was hit with a $450,000 lien in July over delinquent state income taxes, which he paid off in six days despite having no discernible income,” the Free Beacon’s Alana Goodman reported.
The ability to pay nearly half a million dollars in back taxes in less than a week seems to contradict statements from Biden to an Arkansas court that he could not afford to pay child support.
In January, Biden agreed to pay the mother of a child he fathered in Arkansas, despite not having a job, retroactive to November 2018, Fox News reported.
Biden failed to turn over documents relevant to his income and was held in contempt of court, according to Fox.
After a court-ordered paternity test, Biden was found to be the child’s father.
There was also a legal dustup concerning how much Biden’s permanent monthly child support payment would be calculated.
The paternity and child support case in Arkansas furthers the mystery surrounding Biden’s ability to pay off the reported tax debt.
“A spokesman for D.C.’s Office of the Chief Financial Officer confirmed that Hunter Biden’s lien was released on July 15 after the ‘tax issue was resolved.’ The office declined to say whether Biden had paid off the debt,” The Free Beacon reported.
It is unclear what income, if any, Biden has at the moment, as his father seeks to unseat President Donald Trump in November.
Biden has been linked to a series of financial scandals.
After being hired by Ukrainian energy company Burisma Holdings in 2014, Biden was paid a salary of $83,333 a month, Fox reported.
The high salary was paid despite the former VP’s son holding a job as a non-executive “ceremonial figure.”
It was also said by three individuals close to Biden’s Burisma deal that he never visited Ukraine, despite the exorbitant salary, according to Reuters.
Biden was reportedly paid that salary from April 2014 until November 2015.
He did not step down from Burisma until last year, a time period in which his salary was as much $50,000 per month, according to The New York Times.
There is also widespread speculation about Biden’s potential income stemming from business dealings in China.
The New York Post outlined how Biden became involved in a billion-dollar business venture with Chinese investors who were back by the state-owned Bank of China.
“In December 2013, Hunter landed in Beijing aboard Air Force Two, accompanying his father on an official visit to China. Less than two weeks later, Hunter’s company, Rosemont Seneca, became a partner in a new investment,” the report read.
“Hunter Biden claimed to the New Yorker that he and his partners have not seen any money from the BHR deal. But even if true, the potential payouts are significant.”
Biden is not drawing salaries from his previous business deals, according to the Free Beacon.
In Biden’s 2017 divorce, his former wife claimed he sent the family into financial ruin by spending money on “drugs, alcohol, prostitutes, strip clubs and gifts for women with whom he had sexual relations.”
Kathleen Biden said the family was left with massive debts by Biden’s alleged activities, including tax debt, medical bills and credit cards that were maxed out.
Some animals are more equal than others.
Crooked bastard.
He’s living his artistic dream out in Laurel Canyon CA right. With a ramshackle art studio attached to some run down house?
He probably took those bags of aluminum cans piling up in his garage to the recycling center.
Come on, man. He sold his record player and paid his bill.
Those tax resolution ads on TV must really work.
You ain’t Black!
Did Xi or Bursima pay it for him?
He’s got friends in low places.
I’m guessing a Chinese gift in some form
If he got a gift of money somehow, isn’t that an indication of more corruption? Will the media dig into how someone so broke paid off this tax debt?
Did he pay it off or did someone friendly inside the IRS just release the lien? It would be interesting to track who logged in and modified the account and whether anything was paid.
or the DNC
Oh wait, pretty much the same thing
If he received money from anyone to pay off that tax debt, that amount received would be income for the current year, subject to taxes to be paid, so looks like we might be hearing about this again. And if Papa Joe is supporting him, there’s a $10,000 annual limit on what he can give him without paying taxes on that.
Winnings from a push up challenge.
Re-elect Trump and maybe he gets held accountable. Otherwise, it will never happen.
People on the left might like Sleepy Joe but who likes Hunter? He needs to be part of the campaign - just like Clinton, Bush, and Trump family members have been.
I smell a rat.
He can somehow resolve tax debt but not pay child support. He magically gets out of legal tax trouble as his dad runs for president. But he’s still officially broke enough so he can evade his legal child support obligations.
Something doesn’t add up here. We all know it.
Despite Trumps efforts, all of these bastardized still go about their business unobstructed with no repercussions. I fear we will never see actual and equal justice in our country.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.