MSNBC Star Host Al Sharpton Owes IRS $2.6 Million

It looks like Sharpton used his “resist we much” approach to paying taxes, too.

MSNBC star Al Sharpton owes the IRS $2.6 million… But he did finally pay the Peabody Hotel in Memphis the $106,981 that he owed for a 2008 conference.
The New York Post reported:

The Rev. Al Sharpton’s nonprofit paid him nearly $242,000 — even as it carried $1.6 million in debt, according to documents obtained by The Post.

In all, the controversial activist and his empire, including the National Action Network and two for-profit companies, were $5.3 million in the red, public records show.

Most of NAN’s money woes stemmed from more than $880,000 in unpaid federal payroll taxes, interest and penalties. It also paid more than $100,000 to settle two lawsuits, byproducts of the unpaid bills.

And it still owed $206,252 in loans to Sharpton’s for-profit Bo-Spanky Consulting Inc. and Sharpton Media LLC, the records show.

Sharpton drew a $241,732 salary and perks that included first-class or charter air travel, tax filings show. He owes the IRS $2.6 million in income tax, and nearly $900,000 in state tax.

The defunct Rev-Al Communications Inc. owes the state almost $176,000, and Bo-Spanky is $3,500 behind on state-tax liens.

Sharpton has said he is on a repayment plan with state and federal-tax authorities.

NAN last year took in more than $3 million in donations, which allowed it to chip away at its tax burden. This year, its board of directors voted to resolve the tax issues and paid all back state taxes, said Executive Director Tamika Mallory.

The civil-rights group is also addressing the $883,503 it owes in federal payroll taxes, she added.

And it is close to finished repaying the Peabody Hotel in Memphis $106,981 owed since 2008, when NAN skipped out on its bill after its annual convention, according to its 2010 audited financial statements.

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  • avery

    If I owe $2.60 i would be in prison for a couple life times.

  • Eriah

    Looks like Al has his own personal welfare system and it’s in the red. Imagine that!

  • MurphyB

    Taxes for thee but not for me.

  • Granny

    #1 December 11, 2011 at 10:04 am
    avery commented:

    If I owe $2.60 i would be in prison for a couple life times.
    _______

    Probably not prison, but they definitely would have emptied your bank accounts, attached your paycheck, seized your cars and houses and charged you several thousand extra dollars in fines, penalties and interests. Just ask millions of normal Americans who have been in this boat.

  • listingstarboard

    He must use the same accountant as Charlie Rangel. These absolute immoral bastards make me sick!! Here they denigrate hard working taxpayers that faithfully do the right thing while lying and cheating and working the system.

  • olm

    Maybe Michelle is having an affair with Rev Al.
    Seriously, good point, I have owed the irs a few thousand (very few). What is up with these people owing enormous sums and there are no consequences?
    We really need to clean house, there is no such thing as equality in this country.
    Corzine “I honestly don’t know” is really getting to me this week.
    I want to know how you “lose” 1.2 B or owe the IRS thousands and thousands and are not in jail.
    Can average citizens just put a D after their names and commit crimes without consequences?

  • Patty

    What happens with the elite and the common guy walking the street when it comes to owing taxes, is like apples and oranges. The little guy won’t get a break the the rich one can get a gig on MSNBC.

    Doesn’t seem possible but what has in this day and age of impossibilities has left us shaking our heads. No one could imagine that Charlie Rangel, Kathleen Sebelius, Tim Geithner, and haven’t we heard this:
    Another Obama pick owes back taxes, but it’s OK because, now caught, he’ll pay up.

    Yes, once caught they will pay up. The IRS seems to be looking the other way with all celebrity times and this won’t be the first one and working at one of the most left wing establishment ever. Doesn’t that sound wrong. You bet ya!

  • Tom Whitcomb

    This poves that the IRS is a bunch of racist white guys going after brother Al, a brother cant get a break

  • dba…vagabond trader

    A sure sign that Al is going to become our next treasury sec.

  • woodchuck

    Another story you wont hear from the MSM.

    To bad the show he’s on doesnt allow people to call in. He would be bombarded with racists (according to him) asking him about this.

    Looks like ole Al is one of the rich! Only difference between Al & the rich is, THE PAY ACTUALLY PAY THEIR TAXES!

    I have never watched the show but have heard, MSNDC finally has a comedy show. What makes it funny is the watchers dont laugh with the host, they laugh at the host.

  • Mike

    Vagabond, I don’t think the tax woes were limited to Geithner. That means Rev. Al can be in any Cabinet office!

    Al’s on a payment plan the same way Michael Moore is on a weight loss plan.

  • JR

    This doof is now, finally, going to learn why the tea partiers are sick of the govenrments’ (federal, state, local) wild spending sprees. Doof here will soon be trying to join the tea party.

  • NeoKong

    He doesn’t seem to want to pay his fair share.

  • Buffalobob

    It’s called reparations. He may be a crook but he is their crook. Sticken it to da man.

  • kato

    Aside from the amount owed, he isn’t different from millions of other black deadbeats in this country.

  • mrt721

    “Hey Republicans, resist taxes we much”.

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  • Syble

    $2.6 M ??? Isn’t this the sort of number, The ONE wants to raise taxes on?? Humm I guess if they are not paying the $2.6M they sure will pay a lot more once the taxes are raised..Sort of like
    the more you owe, the more important you are.. so that’s not a tax increase but rather a raise in status..lol But then the Big Al will tell you when you are doing wrong.. just saying

  • Molon Labe

    This qualified him to be Obama’s next czar. Give him the keys to Ft. Knox.

  • Pingback: The Culture of Corruption: Al Sharpton’s Nonprofit $1.6 Million In Debt, Yet Pays Himself $242K … Owes IRS $2.6 Million | Scared Monkeys()

  • JustJP

    Maybe he can share a cell with Wesley Snipes

  • Stella Baskomb

    “Sharpton has said he is on a repayment plan with state and federal-tax authorities.”

    Sharpton said. He SAID.

    See? Everything must be all right. This story is just another attempt to sink this honorable person.

    Rev. Sharpton would never lie about something like this. He’s never lied before. Why would he suddenly lie about this?

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  • bg

    ++

    not this Al Sharpton, no no no.. /s/

    ==

  • JDStone

    Pay the IRS we much Al!!

  • Blackbird

    Bo-Spanky Consulting Inc.? Why does this sound like an “escort service” that provides Barack Obama with kinky gay escorts?

  • http://parkwayreststop.com Jim – PRS

    He is the Platonic Form of a piece of sh*t.

  • Path

    Rev. Al – I hadn’t thought of it ’till I saw somebody said it here. What’s happened to paying your “fair share” Isn’t that what Obama is asking from everyone – I guess you and Barney and Rangle are still having a problem with that? Time to visit your very good friend at the big W – it is, after all something he’s been pushing for sometime now. I hope you realize that if you don’t take care of this right away, in O’s eyes it will qualify you to be our next “tax cheat Timmy G.” You wouldn’t want that to happen./

  • Pingback: MSNBC Star Host Al Sharpton Owes IRS $2.6 Million | The Gateway … | Tax Attorney()

  • Blackbird

    @Path
    Ah, but you see he only declared $241,732 as earnings last year, so he isn’t one of the evil “over $250,000” rich people that have to pay their fair share. He is just an average blue collar working Joe, with bodyguards. Sophistry is the cornerstone of liberal rhetoric.

  • Rose

    So WHY is Sharpton NOT in a Federal Penitentiary doing hard time for the rest of his miserable life?
    Well, That isn’t a valid excuse.

  • Blackbird

    Resist paying our taxes we much!

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  • Sci

    What blows my mind is these rich liberals that spend their time degrading the 99% while they supposedly look after our welfare – what happened to integrity, honesty, and God. This man uses REV in front of his name. What a ruse and a poser. The blacks still flock behind him. Jessie Jackson Jr was trying to buy Obama’s seat and now gets mush mouth about the whole thing. How can black voters vote for them? If their self-esteem so low and pathetic that they can’t see they’re being railroaded and sent deeper into slavery? The blacks today that vote for them and Obama are slaves in worse shape than ever before …. sad

  • “Deb in Texas

    …and they cheat on their taxes while trying to convince the ignorant that the rich don’t pay their fair share! I’ve been saying for a long time that Sharpton and Jackson just keep the blacks oppressed while wallowing in hatred, and racism alive and well. The devil has a VERY special place for these losers!

  • Patty

    [url=http://www.freesmileys.org/smileys.php][img]http://www.freesmileys.org/smileys/smiley-signs009.gif[/img][/url]

  • Mark

    I’m curious how anyone only making $242,000 a year can owe $2.6 million in back taxes. Isn’t that a pretty good sign that the IRS actually did catch him with his hand in the cookie jar? Or he just said that amount, as mentioned by someone else, so that he would be thought of as part of the 1%. Might it be a way to throw off his followers and donors so they don’t realize that when they send him a hard-earned $20 bill he’s living the high life on their 199 dimes while they do without the money they sacrificed to donate to on of his causes? Folks what does it take for you to wake up and quit supporting these phoney self serving pieces of crap? Obama included in that group. But, you know they are only going after poor ‘ol Al because he black. Must be nice to have a word to hide behind Al.

  • Mark

    I’m curious how anyone only making $242,000 a year can owe $2.6 million in back taxes. Isn’t that a pretty good sign that the IRS actually did catch him with his hand in the cookie jar? Or he just said that amount, as mentioned by someone else, so that he wouldn’t be thought of as part of the 1%. Might it be a way to throw off his followers and donors so they don’t realize that when they send him a hard-earned $20 bill he’s living the high life on their 199 dimes while they do without the money they sacrificed to donate to on of his causes? Folks what does it take for you to wake up and quit supporting these phoney self serving pieces of crap? Obama included in that group. But, you know they are only going after poor ‘ol Al because he black. Must be nice to have a word to hide behind Al.

  • Mark

    I’m curious how anyone only making $242,000 a year can owe $2.6 million in back taxes. Isn’t that a pretty good sign that the IRS actually did catch him with his hand in the cookie jar? Or he just said that amount, as mentioned by someone else, so that he wouldn’t be thought of as part of the 1%. Might it be a way to throw off his followers and donors so they don’t realize that when they send him a hard-earned $20 bill he’s living the high life on their 199 dimes while they do without the money they sacrificed to donate to one of his causes? Folks what does it take for you to wake up and quit supporting these phoney self serving pieces of crap? Obama included in that group. But, you know they are only going after poor ‘ol Al because he black. Must be nice to have a word to hide behind Al.

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  • 02144pomroy

    I read today that Fat Al has 2 arrest warrants on him from the IRS. If this is true why isn’t his fat nigga (it’s not racist now) ass in jail? My fat cracker ass would be!

  • Mert Wilson

    HE is easy enough to find if they wanted to jail him.

  • [email protected]

    OBAMA WILL NOT LET HIS CHIEF ADVISER BE ATTACKED BY THE IRS FOR A SILLY 2.6 MILLION $$$$$$$$$$$

  • john massey

    now iz jest wants to ax you what is the matter witch this lowlife deadbeat revrun Sharpton? why do he thinks he iz soooo speial from the rest of us folks in America.
    Is he mo Afro or American?