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People Jailed for Owing Less Taxes than Al Sharpton

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By: Elizabeth MacDonald (FOX Business)

Serial tax avoidance appears to be a hallmark of Al Sharpton’s operations. But there’s a warning here: Others have gone to prison for lesser amounts. The list includes rock legend Chuck Berry, Grammy winner Lauryn Hill, Ron Isley of the Isley Brothers, Survivor reality star Richard Hatch, hotel queen Leona Helmsely, and baseball’s Pete Rose (see below).

According to a New York Times’ review of government records last fall, the MSNBC host and civil rights activist personally faces federal tax liens for more than $3 million in back taxes owed, and state tax liens of $777,657. So in total, Sharpton reportedly owes more than $3.7 million in back taxes. His other two for-profit businesses, Raw Talent and Revals Communications, (both now defunct) owe anywhere from $717,000 to more than $800,000, based on state and federal tax liens, reports from the Times and National Review indicate. Revals Communications also either didn’t file its tax returns, or underpaid its tax bills from 1999 to 2002.

Sharpton’s National Action Network also owed more than $813,000 in federal back taxes as of December of 2012, according to the nonprofit’s recent filings. At one point, the National Action Network’s tax liability more than doubled last decade, jumping from $900,000 in 2003 to almost $1.9 milion in 2006. In 1993, Sharpton also had entered a guilty plea for the misdemeanor of failing to file his New York State income-tax return. Sharpton has also said the National Action Network had once given him a loan to pay for his daughters’ tuition, which is a violation of the law.

Sharpton also said of the Times article: “I think it’s political…a lot of people don’t like the fact that President Obama is president. A lot of people don’t like the fact that Bill de Blasio won for mayor. And they certainly don’t like the fact that I’m still here.” A Times spokesperson has said:  “We stand by our story.”

Read the full story at FOX Business

Read more at http://redflagnews.com


Source: http://www.redflagnews.com/headlines/people-jailed-for-owing-less-taxes-than-al-sharpton


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