Hunter Biden accused of $2.2 million in tax evasion

 John Solomon:

If Hunter Biden pleads guilty next month as expected to two misdemeanor tax evasion charges, he’ll be admitting he shorted the U.S. government of about $100,000 in taxes he owed in 2017-18.

But it’s a far cry from the evidence the IRS and FBI developed showing a pattern of tax evasion and avoidance that stretched back to his father’s term as vice president a decade ago, according to newly released documents and testimony.

Supervisory IRS Agent Gary Shapley told Congress in bombshell testimony made public Thursday that federal agents had evidence Hunter Biden had failed to pay about $2.2 million in taxes dating to 2014 and planned to pursue multiple felonies before they were thwarted by political appointees of the Justice Department.

That alleged interference, according to Shapley and a second IRS whistleblower, ranged from refusing to approve search warrants and specific indictments sought in Washington D.C. and Los Angeles to allowing the statute of limitation to expire on some of the more serious offenses.

The meddling was so extensive, Shapley said, “there is no way of knowing if evidence of other criminal activity existed concerning Hunter Biden or President Biden.”
File
Whistleblower 1 Transcript_Redacted.pdf

What IRS and FBI agents were certain of – and career tax prosecutors signed off on after receiving a detailed prosecution recommendation memo – was that evidence supported charging the first son with failing to pay large sums of taxes and in some years even to file tax returns, both whistleblowers asserted.

“The report includes itemized elements of each violation for each year. This recommended felony tax evasion charges, that's 7201, is tax evasion, and 7206(1) is a false tax return, also a felony, for the tax years 2014, 2018, and 2019,” Shapley explained in his transcribed interview with the House Ways and Means Committee.

“And for Title 26 7203, which is a failure to file or pay, that is a misdemeanor charge for '15, '16, '17, '18, and '19,” he also said.

Asked to summarize the magnitude of the unpaid taxes, Shapley did not hesitate. “Altogether it was around $2.2 million,” he answered.

He also matter-of-factly described what he said was a scheme, calling attention to one memo between Hunter Biden and his business associates from 2017.

“The crux of this, as I understand it, is that Hunter Biden had a history of noncompliance with his taxes, and he would often get large sums of money and wouldn't withhold,” Shapley said.

The release of Shapley’s testimony rocked Washington, putting the Biden White House on defense after years of denying Hunter Biden had done anything wrong.

In addition, Hunter Biden’s legal team switched tunes, saying its client wanted to take accountability for being a tax cheat and put the matter behind them. They note he has belatedly paid more than $2 million in back taxes and penalties recently.
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But the bigger problem the testimony presents for Joe Biden’s 2024 reelection chances is that there is now detailed evidence in public that Hunter Biden’s deal with the Ukraine based energy company Burisma Holdings involved illegality.

Democrats for years suggested reporters like this one who reported stories questioning Hunter Biden’s dealings with Burisma were conspiracy theorists and that former President Donald Trump deserved to be impeached in 2019 for asking Ukraine to investigate the Burisma relationship.

But those long held arguments have crumbled in the last month, first with the revelation that the FBI had a trusted informant who reported as early as 2017 that the Burisma dealing may have involved a $10 million bribery scheme directly involving Joe Biden. The FBI says that evidence is still under investigation.
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There is more.

Usually, people with income in the millions have tax accountants and lawyers to help them file their taxes.  The story does not indicate Hunter Biden had such consultants or if he did he was not paying attention to their advice.  It is enough to make you wonder if Joe was properly;y filing his taxes too.