Sunday, December 11, 2011

Rev. Sharptongue: Resist Taxes We Much

The New York Post’s Isabel Vincent and Melissa Klein have reported that Rev. Al Sharptongue is “deep in the red” according to documents obtained by The Post.

The mush-mouthed, über liberal activist, legend-in-his-own-mind owes tons of money. Sharpton’s National Action Network and two for-profit companies owe $880,000 in unpaid federal payroll taxes, interest and penalties.  NAN also paid more than $100,000 to settle two lawsuits due to the unpaid bills.  In all, his empire is $5.3 million in the red according to public records and it still owed $202,252 in loans for Bo-Spanky Consulting Inc. and Sharpton Media LLC.
The reverend was paid $241,732 in salary and perks that included first-class or charter air travel, yet he owes the Internal Revenue Service $2.6 million in federal income tax and nearly $900,000 in state tax.
Way to go there, Al.  With that kind of financial prowess you could easily take over as Secretary of the Treasury from “Turbo Tax Timmy” Geithner.
Via a thread from Memeorandum.


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