Posted on 03/28/2009 5:46:56 AM PDT by Zakeet
The Rev. Al Sharpton owed at least $1.8 million in back taxes before striking a sweetheart deal with the feds last summer that chopped the bill almost in half and kept him out of the slammer, The Post has learned.
A series of federal liens -- the most recent of which was filed earlier this month -- provide a window into the massive tax debts the firebrand activist incurred since 2002 as he remade himself into a millionaire media personality, newly released documents show.
Treasury Department officers say Sharpton owed $351,798 from 2007, according to a document filed March 3 with the New York County Register Office.
This unpaid balance -- a potential mix of back taxes and penalties -- comes on top of a federal lien filed last Nov. 13 for $1,367,521 covering tax years 2005 and 2006.
All the liens are filed as "1040" or personal income tax and listed his address as 680 Madison Ave. -- the uber-swanky Helmsley Carlton House where Sharpton resides.
[Snip]
Sharpton also owes the New York State Department of Taxation and Finance, which was not part of the July settlement, $884,669, according to two liens covering years 2002 through 2006.
Hardy said those debts are being addressed.
Sharpton reportedly earns $750,000 a year hosting a syndicated radio talk show. He also collects anywhere from $15,000 to $20,000 per lecture and $2,000 per church sermon. On top of that, Sharpton does "consulting" work for corporations.
(Excerpt) Read more at nypost.com ...
'Specially when he's not...
[The Feds give Sharpton a $900,000 retention bonus paid for by the taxpayers of America. Hallelujah.]
How about the feds now taxing that bonus at 90%??
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