House Republicans are demanding increased transparency from President Joe Biden on his personal tax returns after an investigation found one of his corporate entities reported nearly $10 million in revenue without detailing the sources. The president’s critics believe the sudden influx of money may be related to allegations of bribery against the president.
CelticCapri Corp, an S-corporation for the president, was not listed on the president’s personal tax returns or campaign website, raising eyebrows as to why the 46th president would conceal such a large income source from the public. While it is common to not list corporate revenue on a personal income statement, politicians running for national office typically disclose all sources of income in an attempt to appear as transparent as possible.
According to Breitbart, the conservative Federalist Society took issue with a 2020 article by USA Today which attempted to hold water for the president by claiming he earned “$15.6 million … from speaking fees and book deals” between 2017 and 2019 and 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.” Following the citations within the USA Today article led readers to no details on the S-corporation, creating what the Federal Society referred to as a “smokescreen.”
House Republicans believe they may have found a bone to pick as they race to uncover the truth behind testimony from an FBI informant that President Biden took $5 million in bribes from a Ukrainian official to assist in the firing of another official and easing the path for his son Hunter Biden to conduct business operations in the country. Members of the Republican caucus told Breitbart that the latest lack of transparency from the president is deeply concerning.
“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.”
Rep. Eli Crane (R-AZ), a successful businessman in his own right, told Breitbart News Joe Biden should come clean about the money in lieu of the alleged pay-for-pay 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.”