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Dec 9, 2014 · Sharpton himself owes New York state $806,875 and has federal liens for unpaid personal income taxes against him totaling $2.6 million, records show. The Harlem-based NAN owed $813,576 to the ...
Sep 19, 2019 · 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. In 1998, Mr. Sharpton lost a defamation suit brought by Mr. Pagones and was ordered to pay a judgment of $65,000.
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- 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 PaySep 19, 2019 · November 19, 2014. This article is more than 2 years old. Civil rights leader Reverend Al Sharpton is in the headlines again, but not for Ferguson or civil rights issues this time. A New York Times report says that the now svelte Reverend and his for-profit businesses owe a chubby $4.5 million in state and federal taxes.
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 part of the ...
- Politics NOW Reporter
Jul 29, 2019 · 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. All reactions:
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. 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. The eRumor surfaced after the New York Times published a story in ...
