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r3020
Senior Advisor

Rev Sharpton on taxes.

The reason he wants to raise everyone eleses is because he doesn't pay his.

 

snip-

The Rev. Al Sharpton’s nonprofit paid him nearly $242,000 — even as it carried $1.6 million in debt, according to documents obtained by The Post.

In all, the controversial activist and his empire, including the National Action Network and two for-profit companies, were $5.3 million in the red, public records show.

Most of NAN’s money woes stemmed from more than $880,000 in unpaid federal payroll taxes, interest and penalties. It also paid more than $100,000 to settle two lawsuits, byproducts of the unpaid bills.

And it still owed $206,252 in loans to Sharpton’s for-profit Bo-Spanky Consulting Inc. and Sharpton Media LLC, the records show.

 

Sharpton drew a $241,732 salary and perks that included first-class or charter air travel, tax filings show. He owes the IRS $2.6 million in income tax, and nearly $900,000 in state tax.

The defunct Rev-Al Communications Inc. owes the state almost $176,000, and Bo-Spanky is $3,500 behind on state-tax liens.

Sharpton has said he is on a repayment plan with state and federal-tax authorities.

NAN last year took in more than $3 million in donations, which allowed it to chip away at its tax burden. This year, its board of directors voted to resolve the tax issues and paid all back state taxes, said Executive Director Tamika Mallory.

The civil-rights group is also addressing the $883,503 it owes in federal payroll taxes, she added.



Read more: http://www.nypost.com/p/news/local/manhattan/rev_al_deep_in_the_red_FFFX2IRlXVlP0sh79dWyxL#ixzz1gFJ9...

13 Replies
Nebrfarmr
Veteran Advisor

Re: Rev Sharpton on taxes.

I've said it before, and I'll say it again, if I were to do that sort of thing, everything I owned would have a 'for sale by IRS'sign on it, plus I'd probably be in jail, instead of on the talk-show circuit.

ihmarty543282
Senior Contributor

Re: Rev Sharpton on taxes.

What a surprise..................................

Nebrfarmr
Veteran Advisor

Re: Rev Sharpton on taxes.

I may regret opening a can of worms here, but it is cold, foggy, and snow showery, so what the heck.

 

I wonder if Rev-Al, Comm., Inc is one of those right-wing corporations we keep hearing about, that avoids taxes, while paying the CEO grossly disproportionate wages?

ihmarty543282
Senior Contributor

Re: Rev Sharpton on taxes.

I have heard of those thieving bastards........... Where do I sign on with rev Al? He seems to know the right way to show those evil right wingers how to to prepare your finances.

ollie2655
Senior Contributor

Re: typical dumocrat hypocrite

they are all the same and he is one of the heroes

schnurrbart
Veteran Advisor

Re: Rev Sharpton on taxes.

Not much different, if any, than a whole bunch of corps and CEOs.

ollie2655
Senior Contributor

Re: name one little man

there is a huge difference

schnurrbart
Veteran Advisor

Re: name one little man

(_*_)

ollie2655
Senior Contributor

Re: a true dumocrat

all mouth no spine