Thursday, April 17, 2008
5 Famous Dudes Who Screwed Up Their Taxes
What better way to celebrate Tax Day Week than with a little schadenfreude while examining how a few big shots screwed up their 1040s and W2s? Let's take a look at 5 of the more interesting finds from Yahoo's celeb tax list:
5. Richard Hatch – Remember Richard, the big gay naked winner of the million bucks from the first season of Survivor? Apparently back in 2000 he didn’t think anyone in the US government would take note of his newfound fame, so he gave them a miss and didn’t claim his $1 Million cash prize as earnings. That crafty bastard!
4. Gordon Ramsay – You may have seen this loud obnoxious chef with the poofy hair and annoying accent on his Fox cooking reality shows. In his native Britain he was fined 450 pounds in 2006 for getting his filings in late. With the current dollar to pound exchange rate, that’s almost 100 billion American dollars, I think…
3. Marc Anthony – The ancient Roman military general, known more recently for banging Jennifer Lopez and making crappy songs, didn’t file any taxes from 2000 – 2004. Good thing too, because he made over $15.5 million during those years. It all caught up to him though and he was forced to pay $2.5 million in back taxes.
2. Willie Nelson – The famous country music singer is probably one of the biggest tax dodgers of all time. Nelson was ordered to pay $16.7 million in back taxes in 1990. To pay off his debts he went back on tour and was forced to record some more albums he really didn’t want to do. In his defense, he was probably too high to think most of the time, let alone remember to record his adjusted net income.
1. Joe Francis - You may like his Girls Gone Wild videos, but this sleazy douche made over $20 million in phony deductions for his soft-core porn ring. According to the IRS, he also used a few offshore accounts to hide many of his earnings. Joe, really, did you think they would buy the 50 grand spent on trucker hats and KY jelly as a legitimate business expense? Tools of the trade, I guess.
Yahoo!: Top Ten Tax Troubled Celebs , April 15, 2008
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Comments
How about Wesley Snipes?From 1999 to
How about Wesley Snipes?
From 1999 to 2004, Snipes earned $38 million appearing in more than half a dozen movies, including two sequels to his popular vampire thriller “Blade.â€
The taxes he paid in the same period? Zero.
http://www.nytimes.com/2008/01/14/business/14tax.html?n=Top/Reference/Ti...
So what about Wesley (weasly) Snipes?
So what about Wesley (weasly) Snipes? He's the most famous one of them all and his story is more interesting.
I wonder how many people feel cheated
I wonder how many people feel cheated because some citizens tried to escape paying taxes?
You're forgetting Al
You're forgetting Al Capone...
450 pounds is only around $1000 USD.and
450 pounds is only around $1000 USD.
and by the way, gordon ramsay owns your face. you talk about him that way again and you'll get his stainless steel A-grade kitchen knife up your ass
Um...Al Capone got arrested for tax
Um...Al Capone got arrested for tax evasion, how did that not make the list.
Redd Foxx also has a well publicized
Redd Foxx also has a well publicized battle with the IRS, essentially losing just about everything to make amends.
You're kidding me. You make this
You're kidding me. You make this article and you don't make one mention of Al Capone? For shame!
450 British pounds = 895.41 U.S.
450 British pounds = 895.41 U.S. dollars
steve jobs is currently defending
steve jobs is currently defending himself for tax fraud. he has the famous $1 salary but Apple gives him gifts all the time, so he only gets taxed at 15% instead of 35% and still gets paid well. The specific tax fraud he is currently involved in is that one of the "gifts" apple gave him was 20 million dollars worth of stock options, however they gave it to him at $4 under the going rate which is very illegal
What about Wesley
What about Wesley Snipes?
What about Wesley
What about Wesley Snipes?
Yeah, I asked the same question 3
Yeah, I asked the same question 3 times. Sorry. First time commenting on here.
shouldn't Al Capone be heading the
shouldn't Al Capone be heading the list?
Where's the law that says you have to
Where's the law that says you have to pay taxes? I dont see any LAW that says PAY TAXES or ELSE. Really... Go ask someone to show you where it says you have to pay taxes. The US Government had no Right to make the IRS in the first place. Read about it yourself.
Now did Marc Anthony get away with
Now did Marc Anthony get away with paying a 16.1% tax rate?
The last poster is right.In the US Tax
The last poster is right.
In the US Tax Code it actually says "Voluntary Compliance".
They just use Mafia-style strong arm methods to get you to pay.
"Better comply or else!"
Amendment 16Income taxesThe Congress
Amendment 16
Income taxes
The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration
It is totally true that there is
It is totally true that there is absolutely NO LAW that says that an individual has to pay income taxes. Additionally, the income tax is an illegal tax because it's a direct tax that is unapportioned. For more info just watch the documentary, "America, Freedom to Facism." It will make you never want to pay income taxes again, not that you wanted to in the first place!
As I understand it, Willie Nelson's
As I understand it, Willie Nelson's accountant made off with all of the money that Willie thought he was paying the IRS.
Now we all know that BLACK persons do
Now we all know that BLACK persons do NOT have to pay taxes at least according to Rev. jackson and a bunch of other Rev's. (black of course)
And besides he's black.. I mean I am not going to say anything against a BLACK person ;-)
Don't forget former boxing great Joe
Don't forget former boxing great Joe Louis.