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Nicholas Cage taken to court over massive tax bill
hindu.com ^ | 08/02/09 | hindu.com

Posted on 08/03/2009 4:20:11 AM PDT by TornadoAlley3

London (PTI): Hollywood star Nicolas Cage has been dragged to court by US tax officials who have demanded that the actor pay up a massive USD 6.2 million of overdue taxes.

The Internal Revenue Service (IRS) officials have filed a case in a court in Louisiana accusing him of failing to keep up with his taxes in 2007.

The actor, who won an Academy award for his leading role in 'Leaving Las Vegas', is trying to sell his home in Louisiana to recoup the cash, Contactmusic reported.

This is not the first time that the 'Ghost Rider' star has messed up with his taxes. He had to pay interest and penalties back in September 2008, following allegations of improperly deducted personal expenses.


TOPICS: Crime/Corruption; Culture/Society; Government
KEYWORDS: hollywood; irs; nicholascage; taxes; taxevasion

1 posted on 08/03/2009 4:20:11 AM PDT by TornadoAlley3
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To: TornadoAlley3

no problem Nicky, Odumbo has Czar openings


2 posted on 08/03/2009 4:22:07 AM PDT by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: TornadoAlley3

I bet young Mr. Coppola voted for the messiah....


3 posted on 08/03/2009 4:23:22 AM PDT by Vaquero ("an armed society is a polite society" Robert A. Heinlein)
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To: TornadoAlley3

Yo, OBOZO ...

Don’t raise taxes on the rest of us... just get your Liberal buddies TO PAY THEIRS!!!


4 posted on 08/03/2009 4:24:43 AM PDT by gwilhelm56 (Orwell's 1984 - To Conservatives, a WARNING - to Liberals, a TEXTBOOK!)
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To: TornadoAlley3

I guess it time for Nick to crank out more schlock films like “The Weatherman”. Was there even a point to that movie? Tragically, I’ll never get that 2 hours of my life back.


5 posted on 08/03/2009 4:30:00 AM PDT by rbg81 (DRAIN THE SWAMP!!)
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To: Blue Jays
I gotta' find a way not to pay $6,200,00.00 worth of taxes yet have the government remain totally cool about it.
Perhaps I should get a SAG card to do the trick?


6 posted on 08/03/2009 4:31:07 AM PDT by Blue Jays (Rock Hard, Ride Free)
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To: TornadoAlley3

Time to find another treasure.


7 posted on 08/03/2009 4:32:42 AM PDT by jimfree (Freep and ye shall find!)
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To: TornadoAlley3

One would think that a movie star could hire a competent accountant.


8 posted on 08/03/2009 4:36:14 AM PDT by CriticalJ
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To: TornadoAlley3

Anybody see his new movie “Knowing”?

He didn’t see this coming?


9 posted on 08/03/2009 4:40:06 AM PDT by wolfcreek (KMTEXASA!)
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To: Blue Jays
You're right. If I could get the government to let me run up even half that tax bill, say 3.1 mil... At what me and the Mrs. make (filing jointly you see) -- we'd never pay taxes again.

Seriously though, time for Mr. Cage to find a new accountant. How do these people make these kinds of mistakes? I mean, our joint return is probably in the neighborhood of 120k and we use an accountant. Somebody making Cage's kind of coin? He should be using a very serious accounting firm. This smacks of intentionally trying to avoid taxes - in a shady way. Wonder if obama would say Mr. Cage has been "acting stupidly" ???

10 posted on 08/03/2009 4:44:24 AM PDT by ThunderSleeps (obama - bad for America)
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To: TornadoAlley3

Typical leftweing moonbat. Expects everyone else to pay more taxes to support deadbeats but himself.


11 posted on 08/03/2009 4:44:48 AM PDT by Nathan Zachary
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To: wolfcreek

FWIW, I think he’s a very good actor, but he sure picks some terrible movies to star in.


12 posted on 08/03/2009 4:45:10 AM PDT by Rummyfan (Iraq: it's not about Iraq anymore, it's about the USA!)
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To: TornadoAlley3

Failing to keep up with his taxes.How Hollywood one get?


13 posted on 08/03/2009 4:46:43 AM PDT by Vaduz
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To: TornadoAlley3

“You broke out...let me see if I can get this straight...you went down the incinerator chute, on the mine car, through the tunnels to the power plant, under the steam engine—that was really cool, by the way—and into the cistern through the intake pipe...But—ahem-hem!—how in the name of Zeus’ BUTTHOLE did you get out of your cell?! I only ask because in our current situation, well, it could prove to be useful information. Maybe!”

“Trade secrets, my son.”

14 posted on 08/03/2009 4:47:24 AM PDT by RichInOC (No! BAD Rich! (What'd I say?))
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To: TornadoAlley3

Time for Nicky to sell his Comic Books.


15 posted on 08/03/2009 4:48:08 AM PDT by Condor51 (The difference between stupidity and genius is that genius has its limits)
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To: Rummyfan

Yeah, I think he’s taking the quantity over quality route.


16 posted on 08/03/2009 4:52:14 AM PDT by wolfcreek (KMTEXASA!)
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To: TornadoAlley3
I bet doing his taxes is a nightmare. He might work in a dozen states during one tax year and he owns several properties in different states. I bet he has different investments and there's a gray area on job related expenses that is subject to interpretation.
17 posted on 08/03/2009 4:54:48 AM PDT by mbynack (Retired USAF SMSgt)
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To: mbynack

“I bet doing his taxes is a nightmare. He might work in a dozen states during one tax year and he owns several properties in different states. I bet he has different investments and there’s a gray area on job related expenses that is subject to interpretation.”

Yeah, but it’s really very easy when you use TurboTax.


18 posted on 08/03/2009 4:58:56 AM PDT by The Antiyuppie ("When small men cast long shadows, then it is very late in the day.")
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To: TornadoAlley3
I've never heard Cage expound politically, but I don't pay much attention to Hollywood political views, either.

It's always been one of those little oddities of life that Hollywood actors who have so much trouble with the government over taxes are so socialist. Willie Nelson got his house repossessed once, but never seemed to make the connection that the tax codes and massive government spending is why his taxes are so high.

19 posted on 08/03/2009 5:06:16 AM PDT by Richard Kimball (We're all criminals. They just haven't figured out what some of us have done yet.)
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To: mbynack
I bet doing his taxes is a nightmare. He might work in a dozen states during one tax year and he owns several properties in different states. I bet he has different investments and there's a gray area on job related expenses that is subject to interpretation.

Yeah, but if he can earn enough to owe 6.2 million, he can at least shell out a few thousand for a decent accountant. I've got one myself. Heck, he could probably write-off a pile of money in work related expenses. Now that's NOT going to happen.

20 posted on 08/03/2009 5:11:40 AM PDT by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: TornadoAlley3

To borrow a phrase from Hernan Cortez, “We as hollywood types suffer from a disease of the heart which only gold can cure.”


21 posted on 08/03/2009 5:21:52 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: TornadoAlley3

Sounds like Nicholas needs to open his “Book of Secrets” and pay the National Treasury.


22 posted on 08/03/2009 5:22:33 AM PDT by PBRSTREETGANG
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To: TornadoAlley3

Was down in the Exuma island chain in the Bahamas recently. Saw some islands that Mr. Cage owns and was in the process developing. He might be selling them now (to pay TAXES!) but they were nice little places to have, just in case you need a place to get away.


23 posted on 08/03/2009 5:23:15 AM PDT by Mr. Jazzy ("I AM JIM THOMPSON!!!")
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To: TornadoAlley3

maybe Cage could say he’s part of ACORN. then he’d get all the money he needed from 0bama


24 posted on 08/03/2009 5:39:08 AM PDT by rightey1
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