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Biden repeatedly demanded wealthy pay 'fair share' while Hunter allegedly evaded over $1M in taxes
Hunter Biden's indictment in California this week on nine tax-related charges shines an awkward light on his father's repeated promises about forcing the wealthy to pay their "fair share" of taxes.
The younger Biden allegedly carried out a multiyear scheme to evade paying $1.4 million in federal taxes while leading a hedonistic lifestyle that included spending exorbitant sums on escorts and illegal drugs.
According to Special Counsel David Weiss, the president's son "engaged in a four-year scheme to not pay at least $1.4 million in self-assessed federal taxes he owed for tax years 2016 through 2019, from in or about January 2017 through in or about October 15, 2020, and to evade the assessment of taxes for tax year 2018 when he filed false returns in or about February 2020," which was in the middle of his dad's presidential campaign.
Weiss said that, in "furtherance of that scheme," Hunter "subverted the payroll and tax withholding process of his own company, Owasco, PC by withdrawing millions" from the company "outside of the payroll and tax withholding process that it was designed to perform."
Hunter allegedly "spent millions of dollars on an extravagant lifestyle rather than paying his tax bills," and that in 2018, he "stopped paying his outstanding and overdue taxes for tax year 2015." If convicted, the president's son faces up to 17 years in prison.
President Biden has repeatedly called on the rich to pay their fair share in taxes and pledged to go after "tax cheats" despite his son allegedly evading his own income taxes for several years. ...
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Biden could make good on his promise to go after tax cheats by making sure the DOJ makes an example out of Hunter. Not many tax cheats are as blatant as Hunter. It's almost like he thought he would be protected from prosecution.
Come to think of it he almost was. 
Hunter Biden's indictment in California this week on nine tax-related charges shines an awkward light on his father's repeated promises about forcing the wealthy to pay their "fair share" of taxes.
The younger Biden allegedly carried out a multiyear scheme to evade paying $1.4 million in federal taxes while leading a hedonistic lifestyle that included spending exorbitant sums on escorts and illegal drugs.
According to Special Counsel David Weiss, the president's son "engaged in a four-year scheme to not pay at least $1.4 million in self-assessed federal taxes he owed for tax years 2016 through 2019, from in or about January 2017 through in or about October 15, 2020, and to evade the assessment of taxes for tax year 2018 when he filed false returns in or about February 2020," which was in the middle of his dad's presidential campaign.
Weiss said that, in "furtherance of that scheme," Hunter "subverted the payroll and tax withholding process of his own company, Owasco, PC by withdrawing millions" from the company "outside of the payroll and tax withholding process that it was designed to perform."
Hunter allegedly "spent millions of dollars on an extravagant lifestyle rather than paying his tax bills," and that in 2018, he "stopped paying his outstanding and overdue taxes for tax year 2015." If convicted, the president's son faces up to 17 years in prison.
President Biden has repeatedly called on the rich to pay their fair share in taxes and pledged to go after "tax cheats" despite his son allegedly evading his own income taxes for several years. ...
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Biden could make good on his promise to go after tax cheats by making sure the DOJ makes an example out of Hunter. Not many tax cheats are as blatant as Hunter. It's almost like he thought he would be protected from prosecution.
Come to think of it he almost was. 
