Devon Archer is turning out to be quite the bounty for this news cycle.
Both sides are claiming victory, so it has yet to be determined just how much damage he is doing to Biden in terms of exposing corruption.
What he is doing, however, is giving us some real insight as to how Hutner operated his businesses and committed his crimes.
Dodging the IRS
I have seen estimates at more than $2 million for the taxes that Hunter managed to dodge.
The IRS is generally pretty sharp on people pulling down that kind of cash, so we have always wondered what took so long for Hunter to get caught.
As it turns out, Hunter was pretty slick in dodging Uncle Sam, possibly a trick taught to him by someone in the White House.
When Hunter was paid by Burisma, rather than taking a salary, Hunter was apparently being paid through a Chinese firm that was operated by the Biden family business. That money was paid to Hunter as a loan, so he did not have to report it as income.
This all came out via IRS whistleblower testimony.
After explaining how this was operated, the whistleblower added, “None of it was taxed. … So none of this has been paid or prosecuted. And I would also like to note that the statute has run out on these tax years or on the 2014 tax year,” reported Breitbart.
Archer also helped to explain this, stating, “Rosemont Seneca Bohai was set up to hold the equity of BHR, which is Bohai Harvest Rosemont Partners or some — Equity Partners, I believe, which was a — which was a private equity fund that was started between Harvest, which is like the — I would say like the Fidelity of China.
“Bohai Sea Industrial Fund, which is a — which was like a government-owned private equity fund that wanted to go private. So basically, the three letters of the acronym, Bohai Harvest Rosemont.
“This was just set up to essentially own that equity and operate the, you know, what we thought was going to be a successful fund, which it ended up not being. That was — that was the reason for it,” via the House Oversight transcript.
When the investigator asked Archer if that was also set up to receive Burisma money, he answered, “Yes.”
That trembling you hear is the Biden house of cards getting shaky, and, hopefully, very soon, we will get to see it tumble.
