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Post by Lurkin McGurkin on Oct 21, 2020 16:53:39 GMT -6
This is a little like whack a mole... Sure, when you just deny it all. |
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Post by 00hmh on Oct 21, 2020 18:06:21 GMT -6
This is a little like whack a mole... Sure, when you just deny it all. You make weak arguments, complain that there is good rebuttal, cannot respond? Whack! |
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Post by bsutrack on Oct 21, 2020 21:35:42 GMT -6
How exactly do you imagine from that Joe gets large amounts of money tax free?
From tonight's developments on Hunter's laptop, we now know the FBI considered this a money laundering investigation. So if there is a serious investigation being done by the FBI (which I have my doubts considering their entrapment attempts on General Michael Flynn), they are probably wondering the same as your question above. Here is a possibility from a September, 2019 article: "It is typical for presidential candidates to voluntarily release their tax returns. Despite those releases, the details of how Biden, whose career has been partially dedicated to enabling financial secrecy in Delaware, made a significant portion of that money remains a mystery. The Bidens have used their home state’s financial privacy laws to shield his income from public view, by setting up two tax- and transparency-avoidance vehicles known as S corporations. He and his wife Jill Biden called them CelticCapri Corp. and Giacoppa Corp., respectively, and, according to the Wall Street Journal, have reported more than $13 million in profits the previous two years that weren’t subject to specific disclosure or self-employment taxes. As CNBC has described, money Biden made from book deals and speeches flowed into the S corporations and was then remitted to Biden and his wife as “distributions” rather than salary. When money is funneled through an S corporation, the recipient doesn’t owe Social Security or Medicare taxes on it, nor can the source of revenue be traced. (In addition to the distributions, the Bidens drew relatively small salaries from the S Corporations: under half a million dollars, for which they owed self-employment taxes.)" The suggestion is Joe is comingling funds funneled to him by Hunter with fees from speeches and book deals. $13 million in just 2 years (2017 and 2018) is a lot of speeches from a guy who can barely put 3 sentences together even when reading from a teleprompter. |
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Post by 00hmh on Oct 21, 2020 22:54:31 GMT -6
Biden commanded hefty speaking fees, up to 200K, in the years after he was VP until he hit the campaign trail this last year, and had a book deal for 8 million dollars.
That he formed an S-Corp is not sinister, and that form is not exempt from maintaining books and records. The Corporation has the obligation and is subject to regulation to enable pass through to shareholders. Dividends, distributions, wages are subject to IRS standards and the corporate charter.
There is individual income tax liability for the Bidens even if these items are not wages. Just like yours or my income from corporate dividends or distributions or business asset sales.
The accountants who prepare financial statements and tax documents for the corporation and for the Bidens and the other employees of the corporation are all potentially subject to criminal liability for any criminal misrepresentation in some scheme. That is a disincentive, and makes existence of a fraud difficult to hide.
I believe most of this has been reported previously. Isn't it a little unlikely Joe risked criminal liability, his reputation, and his legitimate income opportunity to share what is reportedly in your terms a "relatively small" illegal commingling of Hunters income.
If you are really paranoid about business organization hiding illegal income, let's look at Trump's situation.
Wait. We can't.
Trump who explains he has hundreds of pages in tax returns involving some large number of S Corps, trusts, partnerships and other entities, has refused to share any information, even with law enforcement.
And, refused a blind trust.
And, fights tooth and nail to avoid disclosing the "relatively large" loans and foreign business interaction.
Who is more suspicious here? Insiders in his empire have reported a lot of dubious behavior? He could put that to rest easily enough.
These deals in the Trump empire include direct dealing with Chinese, Russian, Ukrainian business entities, all entwined with foreign state control, quite a lot moreso than Hunter Bidens adventures in lobbying.
Donald Trump is a better candidate here. For godfather of a crime family anyway.
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Post by 00hmh on Oct 22, 2020 0:00:45 GMT -6
Guys, I understand that as long as you can debate Hunter Biden you don't have to talk about the issues on which most people will vote, or have voted.
Bad news Barrack spoke tonight and raised issues.
You may have been riveted by FOX where it didn't happen, living in that reality where the important concern is Hunter Biden.
Barrack mentioned that pesky virus, for example. I know we've turned the corner in Trump world while 180,000 more are projected to die, hospitals are approaching capacity and Indiana is actually calling out the National Guard to help, but I just don't think that issue and others should have been ignored in your news diet.
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Post by Lurkin McGurkin on Oct 22, 2020 6:12:37 GMT -6
Sure, when you just deny it all. You make weak arguments, complain that there is good rebuttal, cannot respond? Whack! Your rebuttals consist of "Nothing to see here, move along, trust Joe." Not rebuttals, just denials in the face of growing evidence. You've crucified Trump on less evidence. |
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Post by Lurkin McGurkin on Oct 22, 2020 6:13:37 GMT -6
Guys, I understand that as long as you can debate Hunter Biden you don't have to talk about the issues on which most people will vote, or have voted. Bad news Barrack spoke tonight and raised issues. You may have been riveted by FOX where it didn't happen, living in that reality where the important concern is Hunter Biden. Barrack mentioned that pesky virus, for example. I know we've turned the corner in Trump world while 180,000 more are projected to die, hospitals are approaching capacity and Indiana is actually calling out the National Guard to help, but I just don't think that issue and others should have been ignored in your news diet. Good old deflection. |
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Post by villagepub on Oct 22, 2020 6:33:10 GMT -6
From experience I've noticed that folks get very verbose in their descriptions and explanations of their position on a topic, when they have a weak foundation for that position.
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Post by 00hmh on Oct 22, 2020 7:05:43 GMT -6
From experience I've noticed that folks get very verbose in their descriptions and explanations of their position on a topic, when they have a weak foundation for that position. Really. No wonder you are so enamored with the Twitter Presidency. How are with those 90 minute rally speeches? Mostly 4th grade vocabulary I will grant you, but quite a lot of words. |
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Post by villagepub on Oct 22, 2020 7:16:00 GMT -6
From experience I've noticed that folks get very verbose in their descriptions and explanations of their position on a topic, when they have a weak foundation for that position. Really. No wonder you are so enamored with the Twitter Presidency. How are with those 90 minute rally speeches? Mostly 4th grade vocabulary I will grant you, but quite a lot of words. I'm not actually. I didn't vote for him. But you sure can ramble. |
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Post by Lurkin McGurkin on Oct 22, 2020 7:33:13 GMT -6
"If we do everything right, if we do it with absolute certainty, there's still a 30% chance we're going to get it wrong." Math is hard.
"I'm told Chuck Graham, state senator, is here. Stand up Chuck, let 'em see you. Oh, God love you. What am I talking about. I'll tell you what, you're making everybody else stand up, though, pal." To a guy confined to a wheelchair.
"All men and women, created, you know, go, you know, you know, the thing." Jefferson rolled over in his grave.
"Poor kids are just as bright, just as talented, as white kids." Stereotypes. Twice as good as monotypes!
Not saying Trump is a much better orator, but at least he can follow a train of thought.
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Post by 00hmh on Oct 22, 2020 7:42:27 GMT -6
THAT is your example of top flight train of thought?
This guy is classic poor attention span.
Can't handle those nuisance security and pandemic briefings... can't handle complex new ideas, and won't trust advisors willing to work him through them.
MORE PICTURES or he's out of there!
Hey, easier to just say it's all OK and get on FOX to know what to tweet at the TV.
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Post by Lurkin McGurkin on Oct 22, 2020 8:05:13 GMT -6
Are you talking about Biden or Trump? Your language is so imprecise it's hard to know what you mean. You really should wait until after noon to start drinking. Unless you're Rob.
Or you can get on CNN/MSNBC and watch them completely ignore anything that could hurt Biden's chances. Or see who's been suspended today from their networks.
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Post by rmcalhoun on Oct 22, 2020 8:07:23 GMT -6
Day drinking is one of my favorites
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Post by rmcalhoun on Oct 22, 2020 8:17:01 GMT -6
Day drinking is one of my favorites
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