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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?
Did Michael Sharpton pay back his tax liens?
Sep 12, 2020 · But a representative for Abrams said she paid off her tax debt in 2019, making that part of the meme false. Sharpton also paid off his personal state tax debt, but still owes nearly $700,000 in...
- Politics NOW Reporter
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.
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 15, 2019 · Claims were made in the press in 2014 that Sharpton owed some $4.5 million in unpaid taxes, but the accuracy of that number and how much of the monies owed might already have been...
Dan Evon. Oct. 1, 2021 Studying a tax is not the same as implementing a tax. Read More. Al Sharpton's 1992 Speech Urged Blacks to Kill Police.
