Tags: al sharpton | taxes | 4-5 million

Al Sharpton Taxes: Report Says He Owes More Than $4.5 Million

Image: Al Sharpton Taxes: Report Says He Owes More Than $4.5 Million
(Spencer Platt/Getty Images, file)

By    |   Wednesday, 19 Nov 2014 05:48 PM

The Rev. Al Sharpton, civil rights leader and MSNBC host, has more than $4.5 million in current state and federal tax liens against him and his for-profit businesses, The New York Times reported.

Even with the large tax debt, Sharpton has traveled first class and collected a large salary. Similar actions accompanied by willful failure to turn over or collect taxes could be considered abusive or potentially criminal, the Times said.

Sharpton has intermingled his finances with those of his National Action Network and has failed to pay for such expenses as travel agencies, hotels, and landlords, according to the report.

Sharpton said that his payments for his personal and business-related taxes are on time according to an agreement with the government.

“We have a signed agreement,” Sharpton said, according to Fox News. “And what is in the agreement has been kept. We’ve been up to date. This is the most bogus story in the world.”

The $4.5 million figure reported by The New York Times was the amount Sharpton was ordered to pay in 2008. That amount has been reduced by regular payments, Sharpton said.

"If we owed $4.5 million in '08 then how could we owe this now, unless you're saying that everybody just went to sleep on this and just gave us a pass, which is ridiculous," Sharpton said, according to CNN.

Sharpton dismissed the story as old news and said it was politically motivated.

The report sparked sharp reactions on Twitter.









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The Rev. Al Sharpton, civil rights leader and MSNBC host, has more than $4.5 million in current state and federal tax liens against him and his for-profit businesses, The New York Times reported.
al sharpton, taxes, 4-5 million
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2014-48-19
Wednesday, 19 Nov 2014 05:48 PM
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