President Joe Biden made a public call to put a pause on the collection of the federal gas tax on Wednesday, in an effort to help people pay less while fueling up. But the plan is being criticized by economic observers and members of the GOP as well as some in his own party as being ineffective in the long run.
Last time something like this happened he was sentenced to 28 months in prison for failing to pay $1.1 million in taxes
The former business mogul stated that if this were common knowledge during the election, it would have swayed votes in his favor.
From what's being said, the artist born Curtis Jackson believes that his finances will be in better order under the former business mogul who hopes to get reelected to the White House this fall.
According to the Department of Justice, Smith used third party accounts to conceal his income and commit tax evasion from 2000 to 2015. The DOJ stated that Smith, who is the CEO of Vista Equity Partners, intentionally did not report over $200 million of partnership income.
In an exclusive New York Times report, the former businessman didn't pay taxes for 10 out of the previous 15 years of his last reported tax payment.
While Allen Iverson is no longer electrifying fans on the NBA’s basketball courts, he’s still very much a notable figure within the sport. The former 76ers star made news recently due to tax troubles, and he’s currently knocked off one string of the debt after paying $600,000 to Uncle Sam.
Rick Ross owed the IRS millions in unpaid back taxes resulting in liens on his assets and bank account. Now, the MMG Bawse can get back to offering lemon pepper wings to his high-profile pals after dropping a $1 million payment to clear a total of $5.7 million paid to the IRS in all.
Lauryn Hill is once again having trouble with Uncle Cam. The former Fugees singer’s New Jersey mansion is in foreclosure due to unpaid taxes.
Jasmine Guy and her financial woes have been front and center in times past after troubles with the IRS back in 2014. Now, the A Different World actress was slapped with a tax lien recently by the state of Georgia for failure to pay thousands in back taxes.
Iggy Azalea’s tax troubles may be easy to laugh at, but it’s also not unusual for the taxman to come knocking on ra apper’s doors. She’s not the first, and she certainly won’t be the last, rapper to get a visit from the IRS for money owed.
In news that should surprise absolutely no one, another rapper has been hit with a sizeable tax bill by the IRS. Master P owes Uncles Sam almost a quarter of a million dollars.
