GOP Question Origin of $10M on Biden’s 2017 Tax Return – Watch
Republicans are demanding answers from President Biden after it was revealed that he received a $10 million payment from a Chinese energy company in 2017. New details show an income of $10 million given to a Biden S-Corporation. As Presidential candidates do, on September 29, a few weeks before the 2020 presidential election, then-candidate Joe Biden released 22 years of tax returns.
One of the problems is that Joe Biden only released individual tax returns. The Individual returns are completely separate from the S-corporations the Bidens set up shortly after Joe Biden left the office of the Vice President. Those numbers tell a whole other story. Of the $17 million of income reported after Biden left office, two S-Corporations, CelticCapri Corps and Giacoppa Corps, contained roughly $13 million as of 2017.
Sen. Ron Johnson, who co-authored a 2020 report on the Bidens’ income, stated that Joe Biden needs to disclose the source of the income: “Biden should disclose and every member of the press ought to hound him until he does.” Rep. Nancy Mace (R-SC), said that Biden needs to release bank records if he wants to appear transparent. She noted that there was a recent incident where reporters asked Biden about the ongoing bribery investigation and he laughed it off.
Mace said: “The President seems to find selling out our country funny. We don’t. If he’s serious about proving our allegations wrong he should release his and his family’s unredacted bank records and show the American people where all this money is coming from. The FBI can’t protect him forever.”
Rep. Eli Crane (R-AZ), who agreed with Johnson and Mace, stated that Biden needs to release all his financial information, especially in light of the ongoing bribery investigation.
Crane did not hold back: “The fact that there are credible claims signaling that a foreign national bribed the President of the United States with cash in exchange for influence over U.S. policy decisions is appalling. The American people deserve to know who paid the Bidens and what exactly they were paid for. Now that we know there are recordings of conversations Joe Biden and his degenerate son had with a Burisma executive, it’s becoming more and more obvious how the indictment of President Trump is meant to be a distraction. It would shock no one in this town if Joe Biden received millions of dollars from selling out the country in a bribery scheme and then hid that money in shady shell companies.
Biden could be hiding his alleged $5M payment from Bursima in his entity "CelticCapri" & Jill Biden's entity "Giacoppa Corp"
The numbers below in his 2017 tax return don't provide revenue line items accounting for about $10M
Joe Biden must disclose who paid him & for what pic.twitter.com/yvSubTiQjw
— Wendell Husebø (@WendellHusebo) June 14, 2023
Incredibly, with the right time frame, Joe Biden declared $5.2 million more income on his tax returns than he did on his government transparency reports.
— Rayne' (@LibrarianGirl77) June 9, 2023