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Sunday, December 11, 2011

MSNBC Host Al Sharpton Owes IRS $2.6 Million


MSNBC star Al Sharpton​ owes the IRS $2.6 million... But he did finally pay the Peabody Hotel in Memphis the $106,981 that he owed for a 2008 conference.


The New York Post reported:


The Rev. Al Sharpton’s nonprofit paid him nearly $242,000 — even as it carried $1.6 million in debt, according to documents obtained by The Post. In all, the controversial activist and his empire, including the National Action Network and two for-profit companies, were $5.3 million in the red, public records show.


Most of NAN’s money woes stemmed from more than $880,000 in unpaid federal payroll taxes, interest and penalties. It also paid more than $100,000 to settle two lawsuits, byproducts of the unpaid bills.


And it still owed $206,252 in loans to Sharpton’s for-profit Bo-Spanky Consulting Inc. and Sharpton Media LLC, the records show. Sharpton drew a $241,732 salary and perks that included first-class or charter air travel, tax filings show. He owes the IRS $2.6 million in income tax, and nearly $900,000 in state tax.


More here

6 comments:

Anonymous said...

Race baiting pays good.

Anonymous said...

clueless al... maybe he think's bo will bail him out too.

Anonymous said...

nothing will be done about this idiot , this has been going on for many years with the butt head Jackson at his coat tail.

Flerndip said...

Owing that much to the IRS must put him in the 1%. He needs to write a check for 5 million instead.

Anonymous said...

He'll play the race card and say "the man" is trying to stick it to him by making him pay his taxes. Watch.

Anonymous said...

so what? (he says.)