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To: pepsionice; All

I’m expecting Kanye to be bankrupt as well.

Most likely path:

Audit by IRS.

He owes 50-100m in taxes.

State jumps in for another 10m.

Liens are filed. Account levied.

Unable to do debt service.

Bankruptcy is filed.

Discovered his managers agents lawyers “stole” or over billed or somehow got another 10m+ and he chases those rabbits.

No bank will deal with him. No sponsors. No cash flow. Assets seized.

Kanye is the example being made for all blacks who may speak out, go Trumpian, or - his worse offense - question the power structure and money split of black entertainment (sports, music, etc.).

He appears to be bipolar and someone should have stepped in. All he had to do was shut up and enjoy his life. Instead he blew up his life.

I think he’s bankrupt within 24 months. Takes some time for the machinery to grind and the effects of no cash flow to play out.


13 posted on 11/29/2022 3:06:27 AM PST by TigerClaws
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To: TigerClaws

If Ye owes $50-$100 million in back taxes his financial advisors and accountants have performed poorly. Ye should hire a real independent audit firm to sort through his books and likely discover he has been swindled.


23 posted on 11/29/2022 4:25:51 AM PST by Soul of the South (The past is gone and cannot be changed. Tomorrow can be a better day if we work o)
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To: TigerClaws

What we do not really know is if he really owes that much in taxes. Who did his taxes? Who let g.this happen that was hired to do his finances? Friends of Kardashians? If so, they are going to leave him with nothing.


24 posted on 11/29/2022 4:38:33 AM PST by dforest (What are we sittin' around for? )
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To: TigerClaws
I think he’s bankrupt within 24 months. Takes some time for the machinery to grind and the effects of no cash flow to play out.

A quick search shows Forbes/Bloomberg placing his networth between $1.3B and $6.6B over the past year or two. I don;t think a $50MM tax fine (even if true) is gonna hurt him that bad...
32 posted on 11/29/2022 7:04:24 PM PST by Svartalfiar
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