Hustlin’ Backwards: MC Hammer Owes $800K In Back Taxes
Remember that time Jay Z rapped about MC Hammer losing millions, and the latter reacted? Well now we know Hammer’s biggest beef should be with the IRS, since they hit the Bay Area rapper with a $800K tax bill.
To add insult to financial injury, this is for money the “Too Legit To Quit” rapper made back when he was popping in the 1990s.
The Feds sued Hammer, née Stanley K. Burrell, and his wife Stephanie … accusing them of stiffing the IRS to the tune of $798,033.48 on his ’96 and ’97 income taxes.
Mind you, Hammer’s heyday was in the rear view mirror at that point — he released a greatest hits album in ’96, and after that … well, let’s just say there were zero pumps or bumps.
And get this … according to the docs, every red cent Hammer’s LLC earns from now on has to go directly to the U.S. treasury to pay down his tab.
Just like karma, Uncle Sam always wins.