It is well documented that Al Sharpton owes WE THE PEOPLE a lot of money in back taxes. But what isn’t as well known is Sharpton’s penchant for simply not paying his FAIR SHARE.
Liberals are quick to spend other people’s money; but when it comes to theirs, they hold on like snapping turtles.
One can only imagine if some noted Republican behaved like race pimp, Al Sharpton?
As reported in National Review Online:
Records show that Sharpton’s beleaguered for-profit entities often overlap and intertwine, some sharing ties with the reverend’s nonprofit organization, National Action Network. Their financial records are copious, confusing, and sometimes outright bizarre, and together, they depict persistent financial woes for Sharpton, who also personally owes New York State nearly $596,000, according to active tax warrants.
“He clearly appears — based on the information that’s available to us — to have a history of noncompliance with tax obligations,” says Bernadette Schopfer, the director of taxation at New York’s Maier Markey & Justic, a certified public-accounting firm that has had no dealings with Sharpton or National Action Network. “It appears that [Sharpton] does not file [taxes for his businesses], and then opens up something else. At all the entities we see he has opened up, he has not been compliant with the obligations of the owner of a business. . . . He’s either willful in his behavior, or he’s just sloppy.”
Sharpton, who was traveling internationally, was unavailable for an interview, despite NRO’s numerous queries over several days.
Sharpton’s first for-profit company, Raw Talent, probably has the strangest set of tax-debt records. The company was incorporated as a for-profit entity in 1991, the same year Sharpton founded National Action Network.
Raw Talent racked up a lot of tax debt. According to a 2007 lien that appears to remain active, the company owed a total of $580,453 in federal taxes, and state records say it also owes $4,834 in New York taxes.
And that’s just for starters.
New York dissolved Raw Talent in 2002 for failure to pay taxes, but not before Sharpton opened up a new company, Revals Communications, in 1999.
Revals Communications has its own set of oddities. For starters, various records show it shared Battery Park Place and Broadway office addresses with the soon-to-be defunct Raw Talent.
From the very beginning, Revals Communications ran into tax problems. The records indicate the company either failed to file or failed to pay taxes from 1999 to 2002.
The tax debt started off slowly, at $10,585 in total for the first three years. But in 2002, the same year Raw Talent dissolved, Revals Communications’ unpaid balance ballooned by an additional $215,606. Meanwhile, a 2007 New York tax warrant shows Revals Communications also owed the state $175,962. New York finally dissolved the company in 2009.
Go here for more on Sharpton’s shady record.
The simple fact is Sharpton has been a ward of the public for decades, escaping taxes by race-pimping.
Nobody dare bring down one of America’s domestic terrorist, less they end up on the wrong end of a bull horn, getting spewed by some bullsh…well you get the picture.
I suggest de Blasio stop persecuting cops, and start collecting revenue from race-pimping, tax cheats like Sharpton. Do New York City some REAL good!