Hunter Biden paid off $450,000 tax lien in 6 days

Contact Your Elected Officials

Hunter Biden paid off $450,000 tax lien in 6 days and his finances continue to be under a microscope as his father, Former Vice President Joe Biden runs for the 2020 presidential election.

Transcript of Above Video

Hunter Biden settled a $450, 000 tax debt within six days last month, despite recently claiming he was too broke to pay child support, according to a new report, raising further questions about his financial dealings. The son of Democratic presidential candidate Joe Biden was slapped with the hefty lien on July 9 by the District of Columbia for unpaid state income taxes, and despite having no clear job, was able to โ€œresolveโ€ the bill in the space of a week, the Washington Free Beacon reported Monday. A spokesman for the Office of the Chief Financial Officer in DC confirmed to the publication that the younger Biden, aged 50, was released on July 15 after the โ€œtax issue was resolved. โ€Itโ€™s unclear how the potential First Son was able to pay off the nearly half-a-million-dollar debt so quickly but the report furthers questions about the familyโ€™s murky financial dealings. Before the pandemic, Senate Republicans had been preparing to investigate Hunter Bidenโ€™s job on the board of notoriously-corrupt Ukrainian gas company Burisma Holdings, for which he was paid $50, 000 a month despite having no experience in the energy sector. At the time, his father was vice president and in charge of US policy toward Ukraine. Both Bidens have denied doing anything improper. Hunter Bidenโ€™s financial woes were made public last year when he was sued by an ex-stripper with whom who he fathered a child. He argued he couldnโ€™t make child support payments because he was broke.โ€œI attest that I am unemployed and have had no monthly income since May 2019, โ€ the former lobbyist wrote in a Nov. 2019 affidavit before settling with the woman out of court in March. The father of five also told the court he was in โ€œsignificant debtโ€ from his divorce with his ex-wife who accused him of blowing their money on hookers, strip clubs and drugs. Biden became a father for the fifth time in March when his second wife, Melissa Cohen, gave birth amid the coronavirus pandemic. He married Cohen just weeks after splitting from Hallie Biden, the widow of his late brother, Beau. The couple continue to be spotted driving a Porsche Panamera which retails at $129, 000 and Biden purchased a $2. 5 million home in Hollywood Hills last June.

For Biden Family, a History of Tax Problems

Hunter Biden was hit with a $450,000 lien in July over delinquent state income taxes, which he paid off in six days despite having no discernible income. Last year, he told the court judge in his paternity case that he was broke and unemployed.

The younger Biden owed $238,562.76 in state income taxes from 2017 and $215,328.16 in state income taxes from 2018, according to records from the District of Columbiaโ€™s Office of Tax and Revenue. The District of Columbia filed a $453,890 lien against him on July 9.

The lien is the latest in a series of substantial tax problems members of the Biden family have faced over the years, from Joe’s brother Jamesโ€™s six-figure tax debt in 2015 to multiple liens filed against Joe’s sister Valerie and her husband. It also raises new questions about Hunter Bidenโ€™s finances, which have been scrutinized during the election cycle. The lien follows controversy over Hunter’s high-paying consulting work for companies in Ukraine and China, and a high-profile child support case in which the younger Biden claimed he was in “significant debt” and refused to turn over court-ordered financial records.

A spokesman for D.C.’s Office of the Chief Financial Officer confirmed that Hunter Bidenโ€™s lien was released on July 15 after the “tax issue was resolved.” The office declined to say whether Biden had paid off the debt.

Harvey Bezozi, a tax expert who specializes in large-scale tax debt negotiations, said the only way to get a lien released is to pay the settlement in fullโ€”often through a payment plan, penalty abatement, or other compromise with the governmentโ€”or to prove the lien was filed in error. He said liens can take months or years to resolve.

“It drags on,” he said. “Six days had to be some kind of expeditious kind of process for this.”

By Alana Goodman

Read Full Article on Washington Free Beacon Website

The Thinking Conservative
The Thinking Conservativehttps://www.thethinkingconservative.com/
The goal of THE THINKING CONSERVATIVE is to help us educate ourselves on conservative topics of importance to our freedom and our pursuit of happiness. We do this by sharing conservative opinions on all kinds of subjects, from all types of people, and all kinds of media, in a way that will challenge our perceptions and help us to make educated choices.

The Sacred Honor of the 56

Today we're celebrating the sacred honor of the 56 men who signed the Declaration of Independence.

Alligator Alcatraz: A Bold Step Toward Secure Borders

Alligator Alcatraz funded through FEMA, represents a decisive move by the Trump admin to address illegal immigration with efficiency and resolve.

Is America Broke?

Silicon Valley investor and economic commentator Balaji Srinivasan made...

Hungary: Prideโ„ข Cometh Before the Color Revolution

The EU engaged in a diplomatic siege of the Eastern European nation-state of Hungary pressuring it into embrace global trannyism or face wrath of Brussels.

Understanding the Trump/Musk Feud

The passion Trump and Musk exhibit over the OBBB is not contrived or for show. Each is addressing the problem from completely different approaches.

Noem Waives Environmental Restrictions to Fast-Track Water Barriers in Rio Grande

DHS Sec Kristi Noem waived federal environmental laws to fast-track construction of 17 miles of waterborne barriers in the Rio Grande in South Texas.

Federal Officials Warn of โ€˜Lone Wolfโ€™ Terror Threats on July 4, NY Governor Says

NY Gov. Kathy Hochul confirmed that federal officials informed her about a possible terrorist threat ahead of the July 4 Independence Day holiday.

Record 1 in 5 Buyers of New Cars Committing to $1,000-Plus Monthly Payments: Edmunds

The share of new car buyers committing to make monthly payments of $1,000 or more hit an โ€œall-time highโ€ in the second quarter of 2025.

US Economy Adds 147,000 New Jobs, Unemployment Rate Dips to 4.1 Percent in June

The U.S. job market remained strong in June, as labor conditions continued to hold up amid economic uncertainty.

US Keeps Pressure on Chinese Goods Amid Vietnam Trade Deal

Transshippingโ€”rerouting goods through a third country to disguise the origin of the productsโ€”is a focal point of trade negotiations with Asian markets.

White House Report Reveals Top Earners, Staffers Working for No Salary

The Trump admin released its yearly report that shows the salaries for White House staffers, also revealing officials who arenโ€™t accepting salaries at all.

Transportation Secretary Urges Governors to Remove Political Messages From Crosswalks, Intersections

Duffy sent letters to governors, mayor of D.C., and gov of Puerto Rico urging them to remove political messaging from intersections and crosswalks.

Bessent: US, India Near Agreement to Lower Tariffs

The United States and India are โ€œvery closeโ€ to a trade agreement, Treasury Secretary Scott Bessent said on Tuesday.
spot_img

Related Articles