James biden to testify before House Thursday

In 1913 the 16th Amendment was ratified, giving the federal government the power to tax all income.   Shortly thereafter congress passed a "revenue act" ordering that every U.S. citizen who received "income" would now be forced to pay a portion of that income to the gruberment--an "income tax." 

Initially the percentage Americans had to pay hovered around one or two percent of a person's income for every year.  Skeptics worried that congress had given the IRS the power to increase the tax rate, but the bureaucrats assured everyone that the percentages wouldn't increase.

Hahahahahahahaha!  Within just a couple of years after congress passed that law, the percentages started climbing, eventually reaching a staggering 95% of income for the highest earners.  Seriously.  Look it up.

"Wait...I thought you bastards promised the rate of this brand-new tax on income would nevah increase!  I think you lied to us!"

Yep, they did.  Today most Americans would consider lying by congress quite normal, but back in 1916 that was a real shock!

In any event: Like other wealthy, powerful families, the biden crime family has long hired tax advisors to show them how to minimize their taxes.  Dat's perfectly legal, citizens!  Take advantage of every loophole and deduction expressly written into the tax laws.  You bet.

Along the way the family discovered that if you wanted to avoid paying tax on huge payments--for now let's call 'em "bribes"--just claim that all such amounts being paid to you were "loan repayments."  So NOT income, and definitely not a bribe.

(For young Americans: If you loan someone $20,000 and they repay that amount later, the repayment isn't considered income.  Cool, eh?)

Now let's see how the biden family funneled millions of dollars to your preznit, "uncle Joe"--in a way that allowed him to avoid paying a nickel in taxes on those amounts.

Way back in 2017 a small hospital operator in Pennsylvania had the idea of building a "rural health care empire"--with the help of a very well connected Philadelphia-area consultant.  The consultant had no experience at all running hospitals and knew nothing about health care but he did understand the federal government and had ties to labor unions.

And most important, he was the brother of Obama's VP, Joe Biden.

Well...a year into the plan, the budding health-care empire--Americore--had bought several small clinics and was deep in debt.  James Biden's advice was to pay him hundreds of thousands of dollars, which both James biden and the company agreed to call "loans."  Desperate to stay in business, the company agreed.
   
The chair of the House Oversight Committee, James Comer, has said the committee has copies of bank "wire transfers" showing that James Biden received $600, 000 from Americore--all of which were treated as loans. 

Example: on March 1, 2018, Americore wired $200,000 to the personal account of James and Sara Biden.  Supposedly this was NOT income to James and Sara biden, but was "a loan" from the company.

Then on the very same day the $200,000 wire from the struggling health-care empire arrived in James Biden's personal account, he wrote a $200, 000 check from this same bank account to his brother Joe.

The "memo" line of that check says "loan repayment."
    
Now: Some people will loan $200,000 to a sibling with no documentation.  But most people don't have $200,000 in cash lying around, so if there had actually been a loan from Joe biden to his brother, there should be a corresponding check from Joe to his brother for that amount, eh?  And the check would show the date it was deposited in James biden's bank account.

So even if the biden crime family claims they never bothered documenting the alleged loan, the check would have cleared Joe's account and been deposited in brother James's account.  So it should be easy to show whether there really was a $200,000 loan from Joe to James.  Should be easy.

But if there was no loan, then both Joe and James biden have committed income tax fraud, to enable the current president to hide $200,000 of illicit income--a bribe.  The memo line stating "loan repayment" is prima facie evidence of intent to commit fraud.
 
Is there a single American with an IQ over 80 who believes Joe really loaned $200,000 to his brother?  

There's a huge difference between failing to pay taxes on income, and conspiring to disguise income as a loan repayment.  It's even more serious when that huge amount has no other plausible explanation.

It should also be obvious that if there was no loan, and both Joe and James knew there was never a loan, then how do they explain the $200,000 payment?  The only plausible answer is that James was funneling a bribe to Joe, pure and simple.

Now: Any bets on whether the House committee will ask James biden if he has proof that he deposited a $200,000 check from his brother?  Because neither his nor Joe's bank will be able to find any record of such a check on Joe's account, nor of a deposit in his brother's account.  

Oh, we also see other checks written from Hunty biden's shell companies to several biden family members--including the president--in which the memo line reads "loan repayment."  And the same reasoning applies: Where are the checks and deposits showing the alleged loans to Hunty's companies from the recipients of the alleged "loan repayments"?

Of course you already know.  But if you're a Democrat you just don't wanna know, since admitting those facts shows your faaabulous preznit isn't just senile but is also utterly, totally corrupt.

As Obozo said: "Elections have consequences." And stolen elections have really severe consequences.  

Oh, and there's a final act: Shortly after the failing health-care company wired the $200,000 to James biden, it filed for bankruptcy, causing havoc in rural communities where the company was the only health-care option in town.

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