US President Joe Biden’s son Hunter apparently earned more than US$4 million. Reports said that his earnings came from a Ukrainian energy company, a Chinese private equity firm and other sources. According to his proposed plea agreement to federal tax charges, Hunter Biden made all this money during two years in which he descended deeper into substance abuse. The younger Biden’s draft plea was announced in June. But the actual agreement was made public only on Wednesday after US District Judge Maryellen Noreika ordered it unsealed in response to media requests.
#HunterBiden #JoeBiden #HunterBidenCase
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#HunterBiden #JoeBiden #HunterBidenCase
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00:00 US President Joe Biden's son Hunter apparently earned more than $4 million from 2017 to 2018.
00:10 Reports said that his earnings came from a Ukrainian energy company, a Chinese private
00:14 equity firm and other sources.
00:17 According to his proposed plea agreement to federal tax charges, Hunter Biden made all
00:21 this money during two years in which he descended deeper into substance abuse.
00:26 The younger Biden's draft plea was announced in June, but the actual agreement was made
00:30 public on Wednesday after US District Judge Mary Ellen Noreca ordered it unsealed in response
00:36 to media requests.
00:37 The deal would have seen the president's son plead guilty to misdemeanor charges and
00:42 serve no jail time.
00:43 But it was put on hold after Justice Noreca raised questions about the terms last week.
00:49 An exhibit incorporated into the agreement between Biden and federal prosecutors in Delaware
00:54 sets out in some detail his earnings in 2017 and 2018, two years for which he failed to
01:00 pay income tax.
01:02 Republicans have criticized the proposed plea as a sweetheart deal.
01:05 They argued that Joe Biden must also have benefited from the millions that Hunter Biden
01:09 made.
01:10 Reports revealed that Hunter made more than $2.3 million in 2017.
01:15 He made more than $2.1 million in 2018.
01:19 The sources of his income were not identified in the court filing, but Biden has acknowledged
01:24 his ties with a Chinese company and a Ukrainian energy company.
01:28 According to the agreement, these high earnings came as his drug addiction continued to worsen.
01:33 The documents cite his own memoir, in which he describes a spring and summer of non-stop
01:38 debauchery in 2018.
01:41 According to the agreement, Hunter was well aware of his tax liabilities from an accountant
01:44 he hired.
01:45 Reports said that the accountant prepared his returns and sent them to him for review
01:49 and signature.
01:50 But, despite repeated encouragement from his accountant, he never signed or submitted
01:54 his returns.
01:55 According to the agreement, he failed to pay his taxes despite having the money to do so.
02:00 This is just one example of the many ways in which the U.S. has been able to help the
02:05 world.
02:06 For more information on the U.S. Department of State, please visit the U.S. Department
02:07 of State website.
02:07 (dramatic music)