James Biden Confirms Joe Biden Received Funds Originating from Chinese Firm

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volsrock

Verified User
Biden’s brother James testified that he sent Joe a $40,000 check with funds originating from Chinese conglomerate CEFC.

James Biden testified in February for the House GOP’s impeachment inquiry into President Biden and admitted the $40,000 check he and his wife Sara wrote his brother in September 2017 used money that came from CEFC, according to a transcript released by the Oversight and Judiciary Committees.

https://www.msn.com/en-us/news/poli...n&cvid=b35c09a074184f5e91654520b3224b14&ei=11


I thought it was a loan repayment...lol
 
volsrock said:
Biden’s brother James testified that he sent Joe a $40,000 check with funds originating from Chinese conglomerate CEFC.

James Biden testified in February for the House GOP’s impeachment inquiry into President Biden and admitted the $40,000 check he and his wife Sara wrote his brother in September 2017 used money that came from CEFC, according to a transcript released by the Oversight and Judiciary Committees.

https://www.msn.com/en-us/news/poli...n&cvid=b35c09a074184f5e91654520b3224b14&ei=11


I thought it was a loan repayment...lol
Click to expand...

Yet, Trump is 100% innocent.
 
volsrock said:
Biden’s brother James testified that he sent Joe a $40,000 check with funds originating from Chinese conglomerate CEFC.

James Biden testified in February for the House GOP’s impeachment inquiry into President Biden and admitted the $40,000 check he and his wife Sara wrote his brother in September 2017 used money that came from CEFC, according to a transcript released by the Oversight and Judiciary Committees.

https://www.msn.com/en-us/news/poli...n&cvid=b35c09a074184f5e91654520b3224b14&ei=11


I thought it was a loan repayment...lol
Click to expand...

Wait a minute, so every time one repays a loan the receiver is suppose to ask and verify where the money came from before accepting repayment? Does your bank ask a mortgagee where they got the money to pay off their mortgage? When you purchase a vehicle does the seller demand you tell them how you came about the money to pay for the auto?

Forget it, the sham has been exposed, is, and always was, a fake orchestrated by MaraLago, and now it is flat out embarrassing
 
archives said:
Wait a minute, so every time one repays a loan the receiver is suppose to ask and verify where the money came from before accepting repayment? Does your bank ask a mortgagee where they got the money to pay off their mortgage? When you purchase a vehicle does the seller demand you tell them how you came about the money to pay for the auto?

Forget it, the sham has been exposed, is, and always was, a fake orchestrated by MaraLago, and now it is flat out embarrassing
Click to expand...

Can't prove they were loans....guess u missed this part


The supposed loans were sent through Joe Biden’s personal attorney Mel Monzack, however there is no documentation of them, James Biden testified during an exchange with Representative Matt Gaetz (R., Fla.).
 
volsrock said:
Can't prove they were loans....guess u missed this part


The supposed loans were sent through Joe Biden’s personal attorney Mel Monzack, however there is no documentation of them, James Biden testified during an exchange with Representative Matt Gaetz (R., Fla.).
Click to expand...

Nor can you prove they weren’t, which is your, and the Comer/Jordan’s idiocies, line, one can not disprove that which has yet to be proven
 
This story goes back to November. That it now comes up again only shows how weak is the Republican effort to smear Joe Biden if it is all they have. The evidence showed Joe Biden received nothing from China. His brother did. So impeach his brother when his brother becomes President. Of course even if the money had come to Biden's brother from China, exactly what does that prove absent the source and the reason for the payment. Testimony showed the payment to Joe was repayment of a loan Biden made to his brother with no evidence to contradict this.
 
archives said:
Nor can you prove they weren’t, which is your, and the Comer/Jordan’s idiocies, line, one can not disprove that which has yet to be proven
Click to expand...

Was this done? Than NO LOAN

The IRS mandates that any loan between family members be made with a signed written agreement, a fixed repayment schedule, and a minimum interest rate.

https://www.schwab.com/learn/story/...mandates that any,and a minimum interest rate.







The $10,000 Tax Rule For Loaning Money to Family and Friends



If you want to loan more than $10,000, then there are some specific rules you have to follow. You’ll want to charge interest and it should be at least the same amount (or greater) than the current applicable federal rate (AFR) of the month during which you begin the loan agreement.

In every case, you’re going to want to document the terms of the loan with your borrower(s) and have a signed agreement involving any relevant parties.


https://finance.yahoo.com/news/10-000-tax-rule-loaning-175514086.html


If not than no loan was legally made per IRS rules

We know Bidens brother gave him way over 10000.00 in payments..... Joe can not prove he loaned his brother a penny
 
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T. A. Gardner said:
A verbal contract isn't worth the paper it's written on...
Click to expand...

How many people require a written contract when loaning money to a brother or sister?

You fucking people are sad, pathetic and desperate. :palm:

It should be funny but it isn't.
 
martin said:
This story goes back to November. That it now comes up again only shows how weak is the Republican effort to smear Joe Biden if it is all they have. The evidence showed Joe Biden received nothing from China. His brother did. So impeach his brother when his brother becomes President. Of course even if the money had come to Biden's brother from China, exactly what does that prove absent the source and the reason for the payment. Testimony showed the payment to Joe was repayment of a loan Biden made to his brother with no evidence to contradict this.
Click to expand...

Nonsense, Marty.

It's called money laundering. The money (bribery) went to Hunter and James and then to the "Big Guy."

The IRS hates loans and if you claim income as repayment , you must produce the signed, written, loan agreement, a fixed repayment schedule, and a minimum interest rate.

There is ample evidence through shell companies and checks that Joe Biden used his influence to obtain bribes for access to him.

There will never be enough evidence to convince you, Marty, because you are a stupid partisan.

Poor Marty.
 
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Nomad said:
How many people require a written contract when loaning money to a brother or sister?

You fucking people are sad, pathetic and desperate. :palm:

It should be funny but it isn't.
Click to expand...

The IRS!!!!

The IRS mandates that any loan between family members be made with a signed written agreement, a fixed repayment schedule, and a minimum interest rate.



If you want to loan more than $10,000, then there are some specific rules you have to follow. You’ll want to charge interest and it should be at least the same amount (or greater) than the current applicable federal rate (AFR) of the month during which you begin the loan agreement.

In every case, you’re going to want to document the terms of the loan with your borrower(s) and have a signed agreement involving any relevant parties.
 
If Slow Joe were to admit he accepted bribes (an impeachable offense) and laundered the money through his multiple shell companies, these far left Democratic Socialist loons on this forum would say that it doesn't rise to the level of impeachment.

Too funny!
 
volsrock said:
Was this done? Than NO LOAN

The IRS mandates that any loan between family members be made with a signed written agreement, a fixed repayment schedule, and a minimum interest rate.

https://www.schwab.com/learn/story/...mandates that any,and a minimum interest rate.







The $10,000 Tax Rule For Loaning Money to Family and Friends



If you want to loan more than $10,000, then there are some specific rules you have to follow. You’ll want to charge interest and it should be at least the same amount (or greater) than the current applicable federal rate (AFR) of the month during which you begin the loan agreement.

In every case, you’re going to want to document the terms of the loan with your borrower(s) and have a signed agreement involving any relevant parties.


https://finance.yahoo.com/news/10-000-tax-rule-loaning-175514086.html


If not than no loan was legally made per IRS rules

We know Bidens brother gave him way over 10000.00 in payments..... Joe can not prove he loaned his brother a penny
Click to expand...

volsrock said:
The IRS!!!!

The IRS mandates that any loan between family members be made with a signed written agreement, a fixed repayment schedule, and a minimum interest rate.



If you want to loan more than $10,000, then there are some specific rules you have to follow. You’ll want to charge interest and it should be at least the same amount (or greater) than the current applicable federal rate (AFR) of the month during which you begin the loan agreement.

In every case, you’re going to want to document the terms of the loan with your borrower(s) and have a signed agreement involving any relevant parties.
Click to expand...


Look who suddenly loves the IRS :lolup:

When the ratpublicans were defunding them, resulting in fewer agents to enforce collection and audit returns, the right-wing dang ol'gub'mint hatin' drool puppets were all on board.

Now here you are trotting out some obscure IRS rule that almost nobody probably follows.

Besides, it's totally unenforceable anyway.

The loaner calls it a gift. The recipient agrees to pay it back regardless.

Where's the crime?

Meanwhile Trump.....
 
Retirement Plans FAQs regarding Loans
IRS (.gov)
https://www.irs.gov › retirement-plans › retirement-plans...
Apr 18, 2023 — Repayment of the loan must occur within 5 years, and payments must be made in substantially equal payments that include principal and interest ...


And:
Tax Implications of Loans to Family Members
Get EarlyBird
https://www.getearlybird.io › blog › loan-to-family-me...
Feb 13, 2023 — First off, family loans should always be made official through the use of a basic contract that both parties sign. This is an IRS requirement — ...

Unfortunately, the Biden Crime Family has no loan documents...tax fraud.
 
Earl said:
If Slow Joe were to admit he accepted bribes (an impeachable offense) and laundered the money through his multiple shell companies, these far left Democratic Socialist loons on this forum would say that it doesn't rise to the level of impeachment.

Too funny!
Click to expand...

So far NOT ONE SHRED OF CREDIBLE EVIDENCE has been uncovered by Trump's drool puppets to suggest that ever happened.

Keep trying though, assholes.

I'm hoping the American voters give you four more years to keep digging like the busy little beavers you are when it comes to anything other than working to make this country better for working people.

:fu:
 
Nomad said:
Look who suddenly loves the IRS :lolup:

When the ratpublicans were defunding them, resulting in fewer agents to enforce collection and audit returns, the right-wing dang ol'gub'mint hatin' drool puppets were all on board.

Now here you are trotting out some obscure IRS rule that almost nobody probably follows.

Besides, it's totally unenforceable anyway.

The loaner calls it a gift. The recipient agrees to pay it back regardless.

Where's the crime?

Meanwhile Trump.....
Click to expand...



This became a loan and not a gift when he wrote loan repayment on the check
 
archives said:
Wait a minute, so every time one repays a loan the receiver is suppose to ask and verify where the money came from before accepting repayment? Does your bank ask a mortgagee where they got the money to pay off their mortgage? When you purchase a vehicle does the seller demand you tell them how you came about the money to pay for the auto?

Forget it, the sham has been exposed, is, and always was, a fake orchestrated by MaraLago, and now it is flat out embarrassing
Click to expand...

Smells like another 2,000 Mules.
The Republiclowns are so desperate, it's laughable.

tenor.gif
 
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