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Daily Tech News 22 January 2025
Tuesday Overnight Open Thread - January 21, 2025 [scampydog] Head Tilts Cafe Quick Hits LOL: CNN and the Insane Left (But I Repeat Myself) Claim a Cavalcade of Horrors In Wake of Trump's Recognition of the Reality of Biological Sex Julie Kelly: The DC Gulag Is Slow-Rolling the Release of J6 Political Prisoners Woke DEI Female Commandant of the Coast Guard Fired for Elevating DEI over Core Mission of Protecting the Coast, Failing to Stop Fentanyl Smuggling, and a General "Erosion of Trust" The Democrats' Woke "Pastor" Delivers Progressive Policy Demands Disguised as Biblical Commandments at Ostensibly Non-Partisan National Prayer Service HISTORIC: Kamala Harris Is the First Black Woman to Deliver a Word Salad Speech as a Private Citizen Trump Pardons 1500 J6ers (But Not Ray Epps or the Antifa Provocateur) Absent Friends
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October 16, 2023
Hunter Biden's "Business" Partner Says a $3 Million Payment From China Was a Gift -- a "Thank You" -- and that "Loans" Granted to Hunter Were Never Repaid, Making Them Also Disguised Gifts (and Unreported Income)Money you get via a loan is not income and isn't declared on taxes, because you're supposed to repay it. Thus it's a zero-gain transaction. You get the loan, but then you repay the loan (almost always with interest) and hence you have no net income on the transaction. If you repay the loan, that is. If you never repay it, it is income. You're supposed to declare, retroactively, the income gained through a loan which is later forgiven or written off. Update: Joe Mannix corrects me. The giver of the fake loan could also declare it as a gift and pay taxes on it himself. I doubt very much that the Chinese Communist government alerted the US government that they had given a "gift" (a bribe, of course) to Hunter Biden and then paid the taxes on the transaction. And, is is probably the case with Hunter Biden -- if you call gifts and outright "bribes" "loans" just so you don't have to pay taxes on them or acknowledge payments coming to you from foreign governments, then that's both tax evasion and a Foreign Agent Registration Act violation. These are all very, very thinly disguised bribes. He's a fucking criminal and so is his rapist/molester father. And Merrick Garland is meanwhile throwing pro-life protesters in jail. For months, congressional Republicans have suggested that when Hunter Biden received millions of dollars from places like Ukraine and Romania, an $80,000 diamond from China and a luxury car underwritten from Kazakhstan he was simply trading on his powerful family name and not really conducting meaningful business. But Democrats have scoffed, painting these facts as part of a conspiracy theory. He got paid $3 million from China for merely talking about starting a business and opening an office. I don't know when this bribe was paid. But that's important, because the alleged "Trump-appointed" "prosecutor" David Weiss allowed the statute of limitations on his 2014 and 2015 tax evasion crimes to run, almost certainly because the money that was undeclared in those years came from the Chinese government and involved his father. ... This is unambiguously tax evasion, and also clear evidence of attempting to hide the income. Money laundering, in other words. And a violation of FARA.
Remember, Hunter Biden's "Sugar Brother" Kevin Morris "loaned" him $2 million to pay off his delinquent taxes. I have not heard of Hunter Biden making any loan repayments yet. It's another gift, and it's yet another round of tax evasion and money laundering. | Recent Comments
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I modestly propose that every one of Biden's bro ..."
Grumpy and Recalcitrant[/i][/b]: "@66/CrotchetyOldJarhead: "[i]Good morning! The id ..." Village Idiot's Apprentice : "Looks like the White House culinary advisor that w ..." Grumpy and Recalcitrant[/i][/b]: "@60/Krebs v Carnot: "[i] { Biden-pardoned and fel ..." Krebs v Carnot: Epic Battle of the Cycling Stars (TM)[/b][/i][/s][/u]: "[i] LOL...too little sleep. I have no idea how a ..." CrotchetyOldJarhead : "Good morning! The idea that we are seriously pursu ..." AltonJackson: " g'mornin', 'rons ..." Grumpy and Recalcitrant[/i][/b]: "@59/Altaria Pilgram: And they're probably delight ..." lizabth: "LOL...too little sleep. I have no idea how a smil ..." Village Idiot's Apprentice: "Jamie Raskin? That dude lies every time he exha ..." lizabth: "I'm still waiting for the anti- Kavanaugh women (w ..." Krebs v Carnot: Epic Battle of the Cycling Stars (TM)[/b][/i][/s][/u]: " [ Biden-pardoned and felony-adjacent Congresscr ..." Recent Entries
Daily Tech News 22 January 2025
Tuesday Overnight Open Thread - January 21, 2025 [scampydog] Head Tilts Cafe Quick Hits LOL: CNN and the Insane Left (But I Repeat Myself) Claim a Cavalcade of Horrors In Wake of Trump's Recognition of the Reality of Biological Sex Julie Kelly: The DC Gulag Is Slow-Rolling the Release of J6 Political Prisoners Woke DEI Female Commandant of the Coast Guard Fired for Elevating DEI over Core Mission of Protecting the Coast, Failing to Stop Fentanyl Smuggling, and a General "Erosion of Trust" The Democrats' Woke "Pastor" Delivers Progressive Policy Demands Disguised as Biblical Commandments at Ostensibly Non-Partisan National Prayer Service HISTORIC: Kamala Harris Is the First Black Woman to Deliver a Word Salad Speech as a Private Citizen Trump Pardons 1500 J6ers (But Not Ray Epps or the Antifa Provocateur) Search
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