Damn!: Here's How How Redd Foxx Died Broke

[Dameon Farrow]

You aren't gonna pull in heavy cash and evade the irs. That's the lesson here. If you owe a couple of cnotes you might be left alone. Beyond that, they're coming for your neck. Wouldn't recommend evading at any rate.

 

[jackson35]

That's true to some extent

Considering him and Malcolm X were good friends

But the bulk of Redd Foxx demise came from making bad businesses decisions

When he renegotiated that deal to get more money per episode for the Redd Foxx show with the Network

He made the mistake by not securing a higher back end royalty from rerun residuals which still are $$$ to this day

Foxx could have been eating well up to his death long after the show cancelled

Sanford and Show makes multimillions in streaming revenue and merchandising every year...

He lived like a rapper with a bad record deal

how do you know what he tried to secure? he spent his whole career helping black folks trying to secure something. the producers of sanford and son was not trying to fair and equitable to red foxx

 

[Guvnor]

I think on tvone hollywood unsung they said Red was like uncle same can get them taxes when I die....


They said Red had in his contract the studio had to pay him case in a suit case with no taxes taken out....


Red was a wild dude. My dad said Red was so wild he use to talk about the mob in his vegas act and they had to pull him aside and say you need to chill with that.....

That's insane. Red was something else man.

 

[Swirv]

IRS will always know how much money you are taking in as long as the people who are paying you send the IRS a 1099 or W2. The penalties, seizures, fines and jail time aren't worth the stress and looking over your shoulder.

 

[An ashy lil fap hand]

DMX is next up.

 

[get these nets]

 

[Threnody]

My great uncle always used to say eating that half a bar of soap is what really killed him

 

[Geek Nasty]

Same kind of thang they threw at James
Brown!
And what they did to Redd was a shame.
The bigger the Black gets,
The more the Feds want a piece of that
Bootay!

 

[get these nets]

Same kind of thang they threw at James
Brown!
And what they did to Redd was a shame.
The bigger the Black gets,
The more the Feds want a piece of that
Bootay!

Intentional repa system(like we ain't pay enough in this b)
that's why I diss em

 

[skeetsinternal]

Can't take it with you. You not paying bills dead. He won. Never understood the meaning of dying broke

 

[Black Hans]

Same kind of thang they threw at James
Brown!
And what they did to Redd was a shame.
The bigger the Black gets,
The more the Feds want a piece of that
Bootay!

He didn't pay his taxes and got punished for it. It's not some conspiracy.

 

[Elim Garak]

Can't take it with you. You not paying bills dead. He won. Never understood the meaning of dying broke

This is true i also heard he was generous to a fault for people who needed financial assistance.

 

[Elim Garak]

IRS will always know how much money you are taking in as long as the people who are paying you send the IRS a 1099 or W2. The penalties, seizures, fines and jail time aren't worth the stress and looking over your shoulder.

Yep i read at one point he demanded the network pay him in cash lol.

 

[Ya Sinning Mane]

redd had that asian ting ting.

didnt know this.lmao

 

[Ya Sinning Mane]

RIP to a real nikka