The 2012 tax season has come and gone but for a few big time entertainers, it’s far from over. Tax evaders, debt dodgers and the name calling could go on believe me but the facts are real, some of our favorite movie stars are tax cheats. Sorry, that’s the last one I promise.
J-Lo’s baby daddy and vexed-ex singer Marc Anthony was reported to be on the federal hook for $3.4 million. I don’t know how much money he earned to owe over three-million but I’m up for a little figuring to get at it so let’s see: 30% tax bracket, minus exemptions and credits for kids, carry the five and… (yep) it has to be at least 10 million if my math is right.
Actor Chris Tucker, of Rush Hour fame, earned up to $20 million a pop for each of the box office hits filmed with action star Jackie Chan. I’ll bet Chis never imagined the IRS would be all up in his business over the $11.5 mills he acted like he didn’t have. Pay up or get locked up like Wesley Snipes, who’s still doing a federal bid for the case he lost last year.
Entertainers have to learn that making stacks of fat cash comes with responsibilities and holding down your freedom happens to be one of them, i,e, Wesley Snipes. “You should’ve paid THE MAN Wesley! Now you’re making license plates!” There’s three things you don’t mess with. The I, the R and the S. Sheesh, what a waste!