More Biden corruption? Check out what the law says about the estate tax

Recently we learned that the Biden syndicate created a network of 20 or more limited liability corporations (LLCs) for the purpose of obscuring the transfer of money “earned” by the sale of Joe Biden’s influence as vice president of the United States. Although our “Justice Department” hasn’t figured it out yet, the rest of the country is starting to realize that massive criminality has taken place. At the very least, several felonious violations of the Foreign Agents Registration Act (FARA) have probably been committed by Hunter — and by his father. Let’s not forget that it was Joe, not Hunter, who had influence to sell.

We have also learned that Hunter did not pay taxes on all of his income. I don’t completely blame him for that because there is no line on the tax return for “influence peddling.”

In summary, we have already seen two likely crimes: FARA violations and income tax evasion. However, there may be a third crime that has been overlooked: estate tax evasion.

If a person dies with a very large estate, a federal tax of 40 percent is taken from the estate, after the estate value is reduced by an exemption amount. Is the President evading estate tax? Let’s do a quick analysis.

If you are 80 years old (Joe’s age), and have a chance to make $40 million dollars from various foreign officials, do you want to put the money into your own bank account? If you do, there will be a large estate tax to pay upon your death. No, it would be much better to direct the payments to your heirs. That way, the massive estate tax is avoided — if the subterfuge is not detected.

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