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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:

  1. Race baiting pays good.

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

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

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

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

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  6. so what? (he says.)

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