President Biden has repeatedly said all taxpayers will “pay their share,” while his son Hunter has not been paying his share – LSB

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Hunter Biden’s indictment in California this week on nine tax-related counts sheds a strange light on his father’s repeated promises about forcing the wealthy to pay their “fair share” in taxes.

The younger Biden allegedly carried out a multi-year scheme to evade paying $1.4 million in federal taxes while living a hedonistic lifestyle that included spending exorbitant sums on escorts and illegal drugs.

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President Biden and his son Hunter split

President Biden has repeatedly called on the wealthy to pay their fair share of taxes and has vowed to crack down on “tax cheating” even though his son Hunter has evaded his income taxes for several years. (Fox News)

According to special counsel David Weiss, the president’s son “engaged in a four-year scheme to fail to pay at least $1.4 million in self-assessed federal taxes he owed for the tax years 2016 through 2019, from January 2017 or so through 2017 or so.” “So that.” October 15, 2020, and to evade tax assessment for the 2018 tax year when he filed false returns in or around February 2020,” which was in the middle of his father’s presidential campaign.

“In furtherance of this scheme,” Hunter “sabotaged the payroll and withholding process of his own company, Owasco, PC, by siphoning millions” from the company “outside the payroll and withholding process for which it was designed,” Weiss said. Lead.”

Hunter allegedly “spent millions of dollars on an extravagant lifestyle instead of paying his tax bills,” and that in 2018, he “stopped paying his overdue and delinquent taxes for the 2015 tax year.” If convicted, the president’s son faces up to 17 years in prison.

President Biden has repeatedly called on the wealthy to pay their fair share of taxes and has vowed to go after “tax evaders” despite his son’s alleged evasion of his own income taxes for several years.

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Hunter Biden on Nantucket

Hunter Biden walks with family members in Nantucket, Massachusetts, on November 24. (Tom Brenner)

Throughout the 2020 campaign — when Hunter allegedly avoided his taxes — Biden routinely called on the wealthy and corporations to pay their fair share.

“Businesses need to pay their fair share of taxes,” Biden posted on social media in November 2019. “I will repeal Trump’s giveaway to the wealthy and corporations because it is time to reward work, not just wealth.”

“As president, I will make sure that giant corporations and the wealthy pay their fair share of taxes, and then invest that money in growing a stronger, more inclusive middle class,” he wrote weeks later in December 2019.

Biden continued the advocacy throughout the 2020 campaign and his presidency.

During his first election rally this year, he targeted the wealthy and called on them to raise more money. Before that, he proposed doubling down on the Internal Revenue Service (IRS) to target tax evaders.

In May 2021, Biden called for hiring 87,000 new IRS workers over the next decade as part of an effort to boost the agency’s budget by $80 billion, Politico reported at the time.

“The President’s compliance proposals aim to alleviate existing inequalities by focusing on financial evasion,” the Treasury Department wrote in a report.

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“These unpaid taxes come at the expense of American families and compliant taxpayers, as policymakers choose higher deficits, spending cuts on essential priorities, or more tax increases to make up for lost revenue.”

President Biden gestures during the speech

President Biden speaks during the annual Tribal Nations Summit at the Department of the Interior in Washington, D.C., on Wednesday. (Yuri Grebas/Abaca/Bloomberg via Getty Images)

Biden also said paying higher taxes is “patriotic” and regularly targets the rich.

“For too long we’ve had an economy that gives every opportunity in the world to the people who need it most,” Biden said months after taking office and called on the wealthy to “it’s time to grow the economy from the bottom up.” Pay their “fair share” of taxes, a phrase he repeated repeatedly during his presidency.

“I’m a capitalist, but pay your fair share,” Biden said in his State of the Union address this year.

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Biden also took aim at former President Trump over taxes in October 2020 in a Facebook post that included a video titled “Americans Compare Their Taxes to Trump’s Taxes.”

“I paid my taxes. These people paid their taxes. So why didn’t Trump pay his taxes?” Biden wrote.

The White House did not respond to Fox News Digital’s request for comment.

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