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Dec 9, 2014 · Mr. Sharpton said the federal liens resulted from a demand by the I.R.S. that he pay taxes on earnings from speaking engagements. Kim LaCapria. Published Dec. 9,...
- Sharpton Owes Far Less Than The Claim States
- IRS Seized Willie Nelson's Assets
- Meme Makes Questionable Comparison
- Our Rating: Partly False
- Our Fact-Check Sources
In 2014, The New York Post and The New York Timesreported that Sharpton had accumulated over $4.5 million in unpaid state and federal taxes on his personal assets and for-profit businesses, including Raw Talent, Revals Communications Inc., and the National Action Network, a civil rights organization he founded. Though $4.5 million is significant, n...
As the post states, in 1990, the IRS seized Nelson's possessions – "almost everything but his talent and beat-up Martin guitar," wrote The New York Times– for several million dollars in unpaid back taxes, interest and penalties. According to History.com, the IRS found Nelson had failed to pay income tax on investments in a tax shelter later deemed ...
The Facebook post contrasts Willie Nelson's unexpected IRS raids with Sharpton's status as a regular White House guest in 2016, suggesting this discrepancy is evidence against the existence of white privilege. Even ignoring the fact Nelson owed around four times as much as Sharpton did, there are clear differences that make this comparison a stretc...
We rate this post PARTLY FALSE, based on our research. The meme correctly states that the IRS seized the possessions and froze bank accounts of country music singer Willie Nelson for $16.7 million in unpaid taxes. However, the meme falsely claims that the Rev. Al Sharpton owed $19 million in taxes, when in fact he was reported to owe $4.5 million.
CNN, Sep. 21, 2020, Al Sharpton Fast FactsHistory.com, April 1, 2010, This Day in History, Nov. 9 1990: Willie Nelson's assets are seized by the IRSInternal Revenue Service, updated Dec. 11, 2020, Overview - Abusive Tax SchemesInternal Revenue Service, April 8, 2018, Internal Revenue Service, April 8, 2018, IRS Offers Options to Help Taxpayers Who Can't PayPeople also ask
Why does Al Sharpton owe taxes on speaking engagements?
Does Al Sharpton owe taxes?
Did Abrams and Sharpton owe back taxes?
Are Sharpton's alleged back taxes politically motivated?
Sep 12, 2020 · The initial claim, posted this year, suggested Abrams and Sharpton owed over $50,000 in back taxes. But a representative for Abrams said she paid off her tax debt in 2019, making that...
- Politics NOW Reporter
Sep 19, 2019 · Then in 1993 he pleaded guilty to a misdemeanor for failing to file a state income tax return. Later, the authorities discovered that one of Mr. Sharpton’s for-profit companies, Raw Talent, which he used as a repository for money from speaking engagements, was also not paying taxes, a failure that continued for years.
Jul 29, 2019 · · July 29, 2019 ·. Al Sharpton confirmed he owed or has owed tax debts to federal and state authorities, but the actual balance of those debts was murky. snopes.com. Does Al Sharpton Owe Millions in Back Taxes? Mr. Sharpton said the federal liens resulted from a demand by the I.R.S. that he pay taxes on earnings from speaking engagements. 41.
Mar 17, 2015 · Social commentator and civil rights advocate the Rev. Al Sharpton and his for-profit business interests owe $4.5 million in delinquent tax payments. The Truth: It’s true that the Rev. Al Sharpton and his for-profit businesses owe federal and state taxes, but the amount owed is in dispute.
Nov 19, 2014 · FOX13 News | Seattle & Western Washington | Formerly Q13 News. (Photo by Dave Kotinsky/Getty Image. (CNN) -- Civil rights leader and MSNBC host Al Sharpton and his for-profit business owe more than $4.5 million in current state and federal taxes, according to a New York Times report out Tuesday.
