Network News

X My Profile
View More Activity
Posted at 11:02 AM ET, 04/15/2010

Why pay taxes? These celebs don't.

By Liz Kelly

Pam Anderson: Public enemy no. 1? (AP)

Earlier this week, Pam Anderson became the latest celeb to add to the list of "people who should have enough dough to pay their taxes, yet don't." Apparently the former "Baywatch" babe isn't making enough scratch at her current "Dancing with the Stars" gig to make good on a $493,144 tax bill from the state of California.

As we celebrate/mourn today's tax deadline, Celebritology takes a look at the growing list of bold-faced names who have had trouble paying the tax man.

Nicolas Cage
The "Kick-Ass" co-star blames a former business manager for his tax woes, but in January told People.com that he planned to sell off assets to pay the $14 million he owes to the Internal Revenue Service. Easier said than done. Earlier this month, Cage had no offers at an auction of his Bel-Air mansion ("The design was 'frat house bordello,'" said one real estate agent) and ownership reverted to his foreclosing lender.

Dionne Warwick
According to a list released earlier this week by the state of California, the legendary singer and one-time doyenne of the "Psychic Friends Network" owes $2.18 million in unpaid taxes dating from the 1990s. Warwick's publicist issued a statement soon after the news broke saying payment is "already in motion."

Burt Reynolds
Like we expect the Bandit to pay taxes. As if. Apparently the actor's California state debt of $225,000, noted on the same list as Warwick's offense, also dates from the '90s.

Sinbad
The actor-comedian and "Jingle All the Way" star reportedly owes $2.5 million in back income taxes to California.

Wesley Snipes
The "Blade" actor (who will forever be a Cash Money Brother to me) was sentenced to three years in prison in 2008 after he was convicted of failing to file three years worth of tax returns. Snipes's defense? At one time, he reportedly declared himself a "non-resident alien" exempt from tax law; he also says he received bad advice from advisers. These days, he takes a more conventional view of the IRS. As he told fellow Celebritologist Jen Chaney in a recent Post profile, "Taxes are -- look, if you owe, you should pay. And if you feel like you're owed, you should pay. Simple as that." Snipes remains free on bond while he awaits a decision on an appeal of the case.

Joe Francis
In November 2009, the IRS filed a $33 million dollar tax lien against the "Girls Gone Wild" founder for alleged failure to pay three years of back taxes. And that came just two weeks after Francis had narrowly escaped jail time after admitting to filing false tax returns.

By Liz Kelly  | April 15, 2010; 11:02 AM ET
Categories:  Celebrities  | Tags:  Burt Reynolds, Dionne Warwick, Joe Francis, Nicolas Cage, Pam Anderson, Sinbad, Wesley Snipes, celebrity justice  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz   Previous: No longer in the dark re: celebrity sunglass trends
Next: You vote: The best decade of SNL

Comments

Last year ExxonMobil enjoyed record profits of $45 Billion, yes, Billion with a B. How much did they pay in US income taxes? Zero. Zilch. Nada. Not one thin dime.

The worst part? It's all legal because ExxonMobil consists of 20 wholly owned subsidiaries all headquartered in different foreign countries.

Oh, yeah...General Electric paid zero income taxes last year too, on a profit of $10 Billion.

Posted by: dgloo | April 15, 2010 3:13 PM | Report abuse

You left out the Treasury Sceretary! Are Cabinet members not celeb's?

I know: he paid SOME of what he owned. Just not all.

Posted by: mftill | April 15, 2010 3:40 PM | Report abuse

You left out the Treasury Sceretary! Are Cabinet members not celeb's?

I know: he paid SOME of what he owned. Just not all.

Posted by: mftill | April 15, 2010 3:43 PM | Report abuse

I'm not certain where your information comes from, but according to IRS records, in 2007 (the last year I can access the records) Exxon paid $30 Billion in taxes. That figure was increased over their 2006 tax payment of $28 Billion.

By the way, the 45 Billion in reported profits are after tax profits, meaning that is what they were left with after paying their taxes.

Posted by: AdamLS2 | April 15, 2010 3:58 PM | Report abuse

I'm not certain where your information comes from, but according to IRS records, in 2007 (the last year I can access the records) Exxon paid $30 Billion in taxes. That figure was increased over their 2006 tax payment of $28 Billion.

By the way, the 45 Billion in reported profits are after tax profits, meaning that is what they were left with after paying their taxes.

Posted by: AdamLS2 | April 15, 2010 3:59 PM | Report abuse

dgloo, Exxon and GE don't pay income taxes, they pay corporate taxes. They also employ 82,000 people world wide and those profits are distributed to shareholders, who are people just like you, but smarter because they've invested in a successful business that creates value. This is contrary to the government, which creates very little value and incinerates money before it leaves taxpayers' pockets.
Same thing with GE, but it employs 323,000 people.

Posted by: axxionx12 | April 15, 2010 4:02 PM | Report abuse

Last year ExxonMobil enjoyed record profits of $45 Billion, yes, Billion with a B. How much did they pay in US income taxes? Zero. Zilch. Nada. Not one thin dime.

The worst part? It's all legal because ExxonMobil consists of 20 wholly owned subsidiaries all headquartered in different foreign countries.

Oh, yeah...General Electric paid zero income taxes last year too, on a profit of $10 Billion.

___________________________________________

Liberal lies.

Both of those companies paid BILLIONS in corporate taxes. They also take advantage of the tax laws just like most Americans do, especially the 48 million who DON'T PAY ANY TAXES using BS loopholes like EIC.

Posted by: RobParker | April 15, 2010 4:21 PM | Report abuse

RobParker
...especially the 48 million who DON'T PAY ANY TAXES using BS loopholes like EIC.

So it's disgraceful that those who can least afford it don't pay income taxes? Already a larger proportion of their income gets taxed via sales taxes on necessary purchases, which is regressive.

Posted by: Nosy_Parker | April 15, 2010 4:56 PM | Report abuse

Don't poke the bears, Nosy. Just back away slowly and leave them chewing over what was once a Celebritology post but was picked to clean to the bone by the species Tea-Baggerus Vulturus.

-Snarky Squirrel, whose command of Latin is on par with her patience for idiots for insert politics into every bloody thing.

Posted by: 7900rmc | April 15, 2010 6:50 PM | Report abuse

The comments to this entry are closed.

 
 
RSS Feed
Subscribe to The Post

© 2011 The Washington Post Company