Look out all You Rappers, The U.S. IRS is desperate for your millions

[dmcowen674]

Look out all you Rappers, the new Capones of the 21st Century. The U.S. Government is desperate for Money and coming after you're millions you fail to report and pay taxes on:

2-6-2004 Master P Pleads Guilty to Tax Crime

BATON ROUGE - Rapper Master P pleaded guilty in federal court to failing to file a corporate income tax return seven years ago.

Federal prosecutors accused Bout It Incorporated, the company the rapper founded in 1996, of neglecting to report its first-year earnings to the Internal Revenue Service .

The crime carries a maximum sentence of five years probation, a $200,000 fine or twice the financial gain or loss, and the cost of prosecution.
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Just how many Millions did this Rapper make that the U.S. had to go after him???

 

[xxxxxJohnGaltxxxxx]

I thought you would be happy, Dave; less burden on the backs of the "middle class." We all know they pay all the taxes.

 

[EagleKeeper]

Shades of Al Capone.

 

[tcsenter]

Originally posted by: xxxxxJohnGaltxxxxx
I thought you would be happy, Dave; less burden on the backs of the "middle class." We all know they pay all the taxes.

Its hard to know what schizophrenic about-face we can expect from Dave from one day to the next.

One day its 'the rich aren't paying their fair share', the next its 'the IRS is equivalent to the gestapo for, yep, making sure the rich pay their fair share.

WEEEE!

 

[Strk]

Originally posted by: dmcowen674


Just how many Millions did this Rapper make that the U.S. had to go after him???

I read somewhere that he is worth around $300 million.

 

[xxxxxJohnGaltxxxxx]

Originally posted by: tcsenter

Originally posted by: xxxxxJohnGaltxxxxx
I thought you would be happy, Dave; less burden on the backs of the "middle class." We all know they pay all the taxes.

Its hard to know what schizophrenic about-face we can expect from Dave from one day to the next.

One day its 'the rich aren't paying their fair share', the next its 'the IRS is equivalent to the gestapo for, yep, making sure the rich pay their fair share.

WEEEE!

bipolar, perhaps?

- removed

 

[tnitsuj]

So now it is bad that the government collects back taxes from people??

 

[xxxxxJohnGaltxxxxx]

Originally posted by: tnitsuj
So now it is bad that the government collects back taxes from people??

I think he grabbed the wqrong memo off the fax machine this morning...he's a NEOCON!

 

[beer]

Dave, you make absolutely no sense. You posted two thirds of your threads about how big and awful our government is and how they burden the unemployed middle class.

They collect what's due to them from someone with more money in his wallet than you will see in your entirely life, and you complain? WTF?

 

[Orsorum]

I am confused as well; this seems like a rather clear-cut case of tax evasion. Holding him accountable for his misdeeds is a good thing.

 

[Psorak]

Originally posted by: Orsorum
I am confused as well; this seems like a rather clear-cut case of tax evasion. Holding him accountable for his misdeeds is a good thing.

That's what I read out of it. What's with all the banter inbetween? Private joke perhaps.