Friday, May 9, 2008

Maybe He Can Bunk With Wesley

Not that I'm the Steven Seagal of blogs (I don't even know what that means), but I will repeat what the Glimmer Man said (in a way): "You may think you're above the law Al Sharpton, but you ain't above mine". Government records indicate that Sharpton and his business entities owe nearly $1.5 million in overdue taxes and associated penalties.

Over the past year, Sharpton's lawyers and the staff of his nonprofit group have been negotiating with the federal government over the size of his debt. The group has also been trying to pay off tens of thousands of dollars it owes for failing to properly maintain workers compensation and unemployment insurance. Sharpton's own debts include $365,558 owed in New York City income tax and $931,397 in unpaid federal income tax, according to a lien filed by the Internal Revenue Service last spring. His for-profit company, Rev. Al Communications, owes the state another $175,962 in delinquent taxes.

In December, Sharpton revealed that as many as 10 of his associates had received grand jury subpoenas. An investigation by the FBI and IRS is determining whether Sharpton or his organization committed tax crimes or violations related to his 2004 presidential campaign, during which he was forced to return public matching funds for breaking fundraising rules.

Sharpton has been investigated before, as far back as 1990, when he was acquitted of tax fraud and charges that he stole from one of his charities. He followed that up with what was essentially another victory in a tax case by pleading guilty to a misdemeanor charge of failing to file a state return. Let's hope this time it will stick...like a prison shiv in the showers.

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