Warning: session_start(): open(/tmp/sess_dba275203d58634ab1a45bf098f4f6b3, O_RDWR) failed: Disk quota exceeded (122) in /home/customer/www/lmbcbusiness.com/public_html/wp-content/themes/lmbc-news/functions.php on line 238

Warning: session_start(): Failed to read session data: files (path: /tmp) in /home/customer/www/lmbcbusiness.com/public_html/wp-content/themes/lmbc-news/functions.php on line 238
Biden's son Hunter says under investigation for tax affairs - LMBC Business
White House ‘Social Media Summit’: No Facebook, No Twitter, No Transparency CopyRead more White House ‘Social Media Summit’: No Facebook, No Twitter, No TransparencyRead more White House ‘Social Media Summit’: No Facebook, No Twitter, No TransparencyRead more White House ‘Social Media Summit’: No Facebook, No Twitter, No TransparencyRead more White House ‘Social Media Summit’: No Facebook, No Twitter, No TransparencyRead more White House ‘Social Media Summit’: No Facebook, No Twitter, No TransparencyRead more Twitter to Label Tweets by Leaders Who Break Its RulesRead more Twitter to Label Tweets by Leaders Who Break Its RulesRead more Twitter to Label Tweets by Leaders Who Break Its RulesRead more Twitter to Label Tweets by Leaders Who Break Its RulesRead more

Biden’s son Hunter says under investigation for tax affairs

show caption
US President-elect Joe Biden's son Hunter Biden (L) says he is facing a tax probe./AFP
Print Friendly and PDF

Dec 10, 2020 - 12:39 PM

WILMINGTON — Hunter Biden, the son of US President-elect Joe Biden and a frequent target of Republican attacks, said Wednesday he was under federal investigation about his taxes.

The revelation about the probe included no details, but it promises to rekindle Republican rage about the Biden family, including Hunter Biden’s business dealings and the elder Biden’s anti-corruption push in Ukraine when he was US vice president.

It also presents a series of thorny issues during the president-elect’s transition into the White House in just over one month’s time, including the possibility his son will still be under investigation by the US Department of Justice.

“I learned yesterday for the first time that the US Attorney’s Office in Delaware advised my legal counsel, also yesterday, that they are investigating my tax affairs,” Hunter Biden said in a statement released by his father’s presidential transition team.

“I take this matter very seriously but I am confident that a professional and objective review of these matters will demonstrate that I handled my affairs legally and appropriately, including with the benefit of professional tax advisors.”

Hunter Biden, 50, is a lawyer who has founded consulting and investment firms, worked in private equity, and served on the board of various organizations including national railroad corporation Amtrak.

Biden’s second son Hunter was born in Wilmington, Delaware, where his father lives and the presidential transition operation is based. His brother Beau Biden, the former Delaware attorney general, died of cancer in 2015.

Trump attacks on Biden 

The transition team said in the statement that included Hunter’s remarks that “President-elect Biden is deeply proud of his son, who has fought through difficult challenges, including the vicious personal attacks of recent months, only to emerge stronger.”

The investigation was disclosed just five days before the Electoral College is expected to formally select Joe Biden as the next president, following the November 3 election in which he defeated President Donald Trump.

The New York Times, citing unnamed sources familiar with the inquiry, said the probe was opened in late 2018 and has included inquiries into “potential criminal violations” of tax laws.

During his reelection campaign Trump launched repeated accusations that the Bidens were a “corrupt” family and a “criminal enterprise.”

From 2014 to 2019, while his father was vice president, Hunter Biden, a lawyer and lobbyist, served on the board of Burisma, a Ukrainian gas company.

Trump has accused Joe Biden, when he was president Barack Obama’s deputy, of seeking the removal of Ukraine’s top prosecutor to protect Burisma — and his son — from a corruption investigation.

Joe Biden has acknowledged publicly that he did indeed push for the dismissal of the prosecutor but the European Union and IMF had also sought his removal — not because of a Burisma probe but because he was seen as not being aggressive enough in pursuing corruption.

Since 2019 Trump and his Republican allies have assailed Hunter for his dealings with Ukraine and China, and there were unconfirmed reports that a Hunter Biden laptop was dropped off at a Delaware repair shop and contained incriminating data. No evidence of wrongdoing emerged.

The New York Post reported in October that the Federal Bureau of Investigation seized the laptop in December 2019.

Some Republican lawmakers this week have called for current Attorney General Bill Barr to launch an independent investigation of Hunter Biden — who has acknowledged struggling with addiction — before Joe Biden takes office on January 20.

“This is why AG Barr needs to appoint a Special Counsel to investigate Hunter Biden,” congressman Ken Buck posted on Twitter following the revelation of the tax probe.

“It would be wildly inappropriate if his dad’s AG was involved in this matter.”

  • bio
  • twitter
  • facebook
  • latest posts

LMBCBUSINESS.COM uses both Facebook and Disqus comment systems to make it easier for you to contribute. We encourage all readers to share their views on our articles and blog posts. All comments should be relevant to the topic. By posting, you agree to our Privacy Policy. We are committed to maintaining a lively but civil forum for discussion, so we ask you to avoid personal attacks, name-calling, foul language or other inappropriate behavior. Please keep your comments relevant and respectful. By leaving the ‘Post to Facebook’ box selected – when using Facebook comment system – your comment will be published to your Facebook profile in addition to the space below. If you encounter a comment that is abusive, click the “X” in the upper right corner of the Facebook comment box to report spam or abuse. You can also email us.