House Republicans are demanding greater transparency from Joe Biden regarding his personal tax returns in light of a recent investigation that revealed one of his corporate entities recorded approximately $10 million in revenue without providing specifics about its origins. Critics of Biden suspect that the unexpected surge in funds could be linked to allegations of criminal bribery against him.
The omission of CelticCapri Corp, an S-corporation affiliated with Joe Biden, from both his personal tax returns and campaign website has sparked concerns about why he chose to hide a significant income source from the public. While it is common for corporate revenue to be excluded from personal income statements, politicians running for national office typically disclose all income sources to show as much transparency as possible.
According to Breitbart, the Federalist Society, a conservative organization, criticized a 2020 article published by USA Today that sought to defend Joe Biden by asserting that he earned “$15.6 million … from speaking fees and book deals” from 2017 to 2019. The article specifically mentioned that “more than $10 million of that total income was profits from Biden’s memoir ‘Promise Me, Dad’ and $3 million in profits from Jill Biden’s book.” However, the Federalist Society called out the article for lacking specific information about the S-corporation, describing it as a “smokescreen” due to the absence of relevant details within the USA Today piece.
House Republicans are actively investigating allegations based on the testimony of an FBI informant, suggesting that Biden accepted $5 million in bribes from a Ukrainian official. This payment was allegedly intended to influence the firing of another official for his son, Hunter Biden, to easily engage in business activities in Ukraine. Republican caucus members expressed their deep concern over Joe Biden’s lack of transparency.
“The President seems to find selling out our country funny. We don’t,” said Rep. Nancy Mace (R-SC). “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.”
According to Breitbart, Rep. Eli Crane (R-AZ), who has a successful business background, urged Joe Biden to be transparent about the funds in relation to the alleged pay-for-play scheme.
“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,” he said.
“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,” Crane added. “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.”
