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Reverend Al Sharpton owes $4.5million in taxes:...
Daily Mail UK ^
| Nov. 19, 2014
Posted on 11/20/2014 10:24:33 AM PST by COUNTrecount
Reverend Al Sharpton owes $4.5million in taxes: Report reveals civil rights activist continued to fly first class and accept lofty salary when his non-profit was $1m in debt Reverend Al Sharpton owes $4.5million in taxes: Report reveals civil rights activist continued to fly first class and accept lofty salary when his non-profit was $1m in debt
The prominent civil rights activist owes $3million in personal federal tax liens and $777,657 in state tax liens His companies Reval Entertainment and Raw Talent owe an additional $717,329 in state and federal tax liens Sharpton says he is up to date with payment plans on the debts, but state officials say his state tax bill has actually increased by $220,000 Flew first class and accepted $250,000 salary from his non-profit when it was $1.1million in debt from payroll taxes Sharpton remains an advisor on civil rights issues to President Obama and hosts his own MSNBC
(Excerpt) Read more at dailymail.co.uk ...
TOPICS: News/Current Events
KEYWORDS: postrepost
To: COUNTrecount
Nothin’ shakin’ on shakedown street?
2
posted on
11/20/2014 10:26:41 AM PST
by
bigbob
(The best way to get a bad law repealed is to enforce it strictly. Abraham Lincoln)
To: COUNTrecount
No one is going to lay a finger on him.
Prosecutorial discretion.
3
posted on
11/20/2014 10:28:38 AM PST
by
Steely Tom
(Thank you for self-censoring.)
To: COUNTrecount
It seems we find ourselves living in a country where negros are exempt from the law...
...negros have become Americas Royalty.
4
posted on
11/20/2014 10:32:24 AM PST
by
exPBRrat
To: COUNTrecount; RetSignman; MeshugeMikey
The very unreverend $harpton is ready to use his Black Power racist card. His Black Power Racist card is approved by Herr Obama and Herr Holder. Of course American tax payers of all colors will pay for any riot costs due to his use of his Black Racist Power Card.
5
posted on
11/20/2014 10:33:32 AM PST
by
Grampa Dave
(The Democrats, who run America are too old, too rich, and too very/very white elitist losers!.)
To: COUNTrecount
throw that racist in jail!
6
posted on
11/20/2014 10:44:17 AM PST
by
TexasFreeper2009
(Obama lied .. the economy died.)
To: COUNTrecount
Al has a monster payday coming in a little town in MO once the Grand Jury speaks. People will be hurt and killed; cars and businesses will be burned; and the Rev. Al Sharpton will be there to collect his checks.
7
posted on
11/20/2014 10:48:04 AM PST
by
mad puppy
(E PLURIBUS UNUM)
To: COUNTrecount
Throw his formerly fat ass in jail.
8
posted on
11/20/2014 10:49:26 AM PST
by
tx_eggman
(Liberalism is only possible in that moment when a man chooses Barabas over Christ.)
To: COUNTrecount
He’ll never have to pay it. The “justice” department will never prosecute him. The irs will never put a lien on his property.
Reason: he destroyed the lives of White people with his lies, for which the democrat party adopted him as their mascot and vowed to protect him.
9
posted on
11/20/2014 10:56:55 AM PST
by
I want the USA back
(Media: completely irresponsible. Complicit in the destruction of this country.)
To: COUNTrecount
He can set up a Obama administration IRS payback plan: a dollar down, and a dollar when you catch him.
10
posted on
11/20/2014 11:04:51 AM PST
by
righttackle44
(Take scalps. Leave the bodies as a warning.)
To: I want the USA back
Blatant criminal and racist. Yet more favoritism by this criminal administration.
11
posted on
11/20/2014 11:05:51 AM PST
by
hal ogen
(First Amendment or Reeducation Camp?)
To: I want the USA back
The irs will never put a lien on his property...
Really? It appears those liens are already filed and are a matter of public record, otherwise they would not have been available to the press (or anyone else) for public inspection.
From the linked article:
Sharpton currently owes personal federal tax liens of more than $3 million and state tax liens of $777,657, according to records. His for-profit companies, Raw Talent and Revals Communications, owe another $717,329 in state and federal tax liens.
Now, whether the IRS or the State of New York elect to levy and execute under those liens is another matter. But the fact that the press was able to find these liens in the public record is proof positive that they have been filed, which is the first step in levy and execution at some later point.
Sharpton apparently owes back withholding taxes for his employees (940 and 941 taxes.) Anyone who has operated a business can tell you that the IRS is quite zealous about collecting those withholding taxes, since if the employer doesn't pay them, he's placing not only himself in legal jeopardy, but the employees as well. Those liens will remain a matter of public record (and will be refiled as long as may be necessary) until the tax and any assessed interest and penalties are fully paid. The IRS will handle this matter irrespective of whether Eric Holder is the Attorney General or not. And if Big Al falls behind in his payment arrangements, I doubt he's going to get any special treatment, given the amounts involved.
12
posted on
11/20/2014 11:30:24 AM PST
by
Milton Miteybad
(I am Jim Thompson. {Really.})
To: I want the USA back
The irs will never put a lien on his property...
Really? It appears those liens are already filed and are a matter of public record, otherwise they would not have been available to the press (or anyone else) for public inspection.
From the linked article:
Sharpton currently owes personal federal tax liens of more than $3 million and state tax liens of $777,657, according to records. His for-profit companies, Raw Talent and Revals Communications, owe another $717,329 in state and federal tax liens.
Now, whether the IRS or the State of New York elect to levy and execute under those liens is another matter. But the fact that the press was able to find these liens in the public record is proof positive that they have been filed, which is the first step in levy and execution at some later point.
Sharpton apparently owes back withholding taxes for his employees (940 and 941 taxes.) Anyone who has operated a business can tell you that the IRS is quite zealous about collecting those withholding taxes, since if the employer doesn't pay them, he's placing not only himself in legal jeopardy, but the employees as well. Those liens will remain a matter of public record (and will be refiled as long as may be necessary) until the tax and any assessed interest and penalties are fully paid. The IRS will handle this matter irrespective of whether Eric Holder is the Attorney General or not. And if Big Al falls behind in his payment arrangements, I doubt he's going to get any special treatment, given the amounts involved.
13
posted on
11/20/2014 11:30:25 AM PST
by
Milton Miteybad
(I am Jim Thompson. {Really.})
To: COUNTrecount
Take it from Obama’s stash.
14
posted on
11/20/2014 11:50:11 AM PST
by
mulligan
(I)
To: COUNTrecount
I would love to owe $4.5 million in taxes. Even at the insanely low US rates that would be $15 million gross and that would definitely be a good weekend in Vegas.
15
posted on
11/20/2014 12:01:59 PM PST
by
Phlap
(REDNECK@LIBARTS.EDU)
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