Wednesday, November 19, 2014

Rev. Al Sharpton owes millions in taxes

11/19/2014


Rev. Al Sharpton owes millions in taxes
Andrew H. Walker/Getty Images
Andrew H. Walker/Getty Images
An investigation by The New York Times found that Rev. Al Sharpton owes more than $4.5 million in current state and federal taxes.
The figure includes taxes from Sharpton's personal income as well as from his for-profit company, Raw Talent and Revals Communications. Sharpton apparently owes more than $3 million in personal federal tax liens and $777,657 in state tax liens. Raw Talent and Revals Communications, meanwhile, owe another $717,329 in state and federal tax liens.
Sharpton's non-profit company, the National Action Network, has apparently underpaid the government federal taxes as well. The National Action Network's tax liability increased from $900,000 in 2003 to almost $1.9 million in 2006.
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