There are a number of definitions of “sweetheart deal.” They include:
1. An industrial agreement made between an employer and local labor union officials containing terms beneficial to the employer without the knowledge of the employees, typically in exchange for money to the union or its leaders.
2. Any kind of agreement or contract that is mutually beneficial two the two parties directly involved, typically at the expense of a third party that is not privy to the agreement.
But it seems to me that the most applicable one is this one
a deal made between friends so that both may profit well.
Neither you nor I would ever be granted such largesse.
Naturally, the left scrambled to deny that Hunter Biden got a sweetheart deal. CNN:
“If Hunter Biden’s name was John or Jane Doe, no criminal tax prosecution would have ever been contemplated and he would have almost certainly been slotted into a pre-trial diversion program, saving the government the time and expense of a trial,” said Martin Sheil, a former supervisory special agent in the IRS Criminal Investigation.
“So if Hunter has paid all of his taxes, albeit delinquently, arguably Uncle Sam has suffered no harm and justice was done,” Sheil said.
Take it from a defense attorney who has never been offered federal pretrial diversion. What we do know for certain is that Hunter Biden’s lawyers struck a very good deal for their client, skillfully negotiating an offer of pretrial diversion. That doesn’t make the deal unfair. But it does make Hunter potentially lucky
You will note that the argument above is that “Well, sure, our client robbed the bank, but he paid it all back. No harm, no foul.” But it’s a lot more than that. Hunter Biden should have been charged with felony tax evasion and more.
Byron York put together a great piece in which the astonishingly massive amount of income Hunter Biden took in without paying any taxes at all is disclosed.
Hunter Biden has been a chronic tax evader. Testimony from IRS whistleblower WB2:
“Hunter Biden had had a lot of tax issues, even predating all this stuff,” WB2 testified. “Back in 2002, he filed his Form 1040 late — filing and owing over $100,000 in taxes; 2003, owed more than $100,000 in taxes; 2004, late-filed and owed more than $20,000 in taxes; and then 2005, late-filed his personal return and owed over $100,000 in taxes.”
Then in 2014 Hunter scores with Burisma
According to WB2, Burisma paid Hunter Biden $666,667 that year to do little or no work. Hunter Biden received the money, WB2 explained, and then moved it to a Chinese company run by one of his associates. That company then “loaned” the money to Hunter Biden.
“So imagine this,” WB2 said. “If you are an owner of a company and your friend tells you that, ‘I want to pay my wages to your company, and you’re going to loan the money back to me,’ that’s essentially what happened here. He took loans from that corporation … and he didn’t pay taxes on those loans. … So essentially, for 2014, we found that Hunter didn’t report any of the money he earned from Burisma.” The problem, WB2 said, was: “You can’t loan yourself your own income.”
Did Hunter pay any taxes on this?
“None of it was taxed.” The lawyer said: “And to date, none of it has been paid or prosecuted?” WB2 responded: “So none of this has been paid or prosecuted.
And it won’t be, because obstruction from the DOJ dragged this case beyond the statute of limitations. Biden didn’t even file a return in 2016 and did not pay the $581,713 he owed in taxes. On his 2018 return Biden deducted payments to a prostitute and a sex club. He even deducted a hotel room expense for his drug dealer.
From 2014 to 2019 Hunter Biden and his pals took in $17 million in income. Biden himself took in $8.3 million. He owed $2.2 million in taxes.
Enter the sugar daddy. Hollywood lawyer Kevin Morris paid all off all of Hunter’s taxes.
And now the matter has been resolved with two misdemeanor charges. The conclusion is deeply frustrating to IRS agents like WB2. Hunter Biden failed to file returns, failed to pay his taxes for several years, and falsely claimed deductions. WB2 also pointed out, more than once, that Hunter Biden’s tax offenses occurred over a period of years, some of which he was on drugs and some of which he was not, meaning that not all of the violations can be attributed to Hunter Biden’s being in a drug-induced haze, as some defenders suggest. The agents’ conclusion is that just because Hunter Biden’s new friend bailed him out — no repayments required until 2025 — does not mean Hunter Biden did not violate the tax laws repeatedly in the 2010s.
That’s the thing. This is felony tax evasion on a grand scale. Is it still a crime if taxes are paid? Yessir.
At the end of WB2’s deposition, a Republican lawyer asked this question: “If someone meets all the elements for a crime of willful evasion and are found to, in conjunction with that, owe a liability, and they pay off that liability years later when they’ve been caught, has a crime been committed?” WB2 answered simply: “Yes.”
Who among us would have the DOJ blocking an IRS investigation into us? Who among us would have a tax evasion case dragged out past the statute of limitations? Who among us would not have anyone asking for what the money was paid?
This doesn’t even include the $5 million bribe.
And this is BEFORE the FARA violations. You know, the thing that Mike Flynn was persecuted with and the thing for which Paul Manafort went to prison.
Only if your name is Biden does this happen to you.