Search results
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 that he had turned over to National Action Network. He said he...
- 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?
How much money does Al Sharpton owe?
How much tax does John Sharpton owe?
Does Al Sharpton owe a tax lien?
Sep 12, 2020 · Chelsey Cox. USA TODAY. 0:00. 2:07. The claim: Stacey Abrams and Al Sharpton owe over $50,000 in back taxes. Claims about civil rights activist and television host the Rev. Al Sharpton's tax woes...
- Politics NOW Reporter
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.
Nov 19, 2014 · (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. His tax liabilities come despite making a hefty salary, and he and his nonprofit advocacy organization, National Action Network, have been missing ...
Nov 18, 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 that he had turned over to National Action Network.
Nov 19, 2014 · November 19, 2014, 3:19 PM. By Sascha Brodsky NEW YORK (Reuters) - Civil rights activist Reverend Al Sharpton on Wednesday dismissed as misleading a New York Times report that he owes millions...
