Lil Wayne Owes The IRS $12M

[1thouwow]

LOL @ Anyone believing Ross got that type of money in his account...
Birdman MAYBE!

I feel for Wayne...
Baby ain't gonna cut that check

The sad part is Wayne is actually on an allowance of sorts, so Baby/Cash Money really should cut that check...
I guarantee Wayne has never actually seen 50% of what he's earned because of the allowance...

At the end of the day it's Wayne's social security number in the system...
I don't know aht he's going to do...

That interest is no joke...
I owe $3900 right now...

How u owe $3900

 

[Ineedmoney504]

"nikkaZ CANT EVEN PAY THE IRS LET ALONE THEY FCKIN STYLE, YOU GOTTA TELL THE TRUTH MAN, THE TRUTH SHALL SET U FREE SON, THE TRUTH SHALL SET U FREE"

Powerful quote, but diddy said staff not style

 

[Ineedmoney504]

what's this liquid shyt yall talking about?

school me on this money shyt breh

How much money u actually have, not counting stuff u own, like money u have To spend now

 

[Kilgore Trout]

nikka what money

 

[shawntitan]

I bet Baby tells them fools he'll take care of all of that and then has his people throw all the IRS paperwork in the bushes.

Fixed that for you...

 

[Long Live The Kane]

Either he pays or he goes to jail ...and i don't see the latter happening, muh'fukka treats taxes like people that don't pay their cable or cell bill till they threaten to cut that sh!t off...no real difference when you pay it other than the late fee

 

[zayk35]

-Cash $ is an Army ..better yet a Navy nikka ......................it ain't gravy nikkaaaaaaaa

 

[The Emperor]

How u owe $3900

Money made outside of a JOB

(owning your own business or even selling enough stuff on Ebay)

You get money up front...
But the IRS get's a record of how much money you received...

You then gotta give them all your write offs (business expenses)
But even on top of that you still gotta pay taxes...

So in summary...
The way celebrities get in TAX trouble is that there is no taxes coming out of any of their checks...
It's their responsibility to pay the IRS.

So say you a boxer and had a $10 million dollar fight this year...
You got a check for $10 million

But at the end of the year the IRS is like...
You owe us $3 Million

Now if you blew all your money...
You in trouble breh...

Because you owe the IRS $3 Mill and now they adding in interest in penalties...

It's the real reason Floyd Mayweather couldn't retire when he wanted to...
He had to pay the IRS a huge sum of money...

 

[*L*E*G*A*C*Y*]

And yall wonder how rappers end up broke

Tax evasion seems to be the number one enemy of rappers.

That, and child support.

 

[*L*E*G*A*C*Y*]

must of had the irs confused for bangladash

Dawg, after the first time, he still worked with Weezy a second and didn't get paid.

Damn shame, dude is a dope producer in my eyes.

 

[*L*E*G*A*C*Y*]

Dude you wanna be all drug free and shyt that's cool but take that gay shyt to another site…
Can't believe some ppl consider weed a drug still it's crazy dumbass niqqas

Seriously. It's 2014. Shyt will probably be legalized by the end of this decade.

SMH @ people that still buy into anti-weed propaganda like that.

 

[*L*E*G*A*C*Y*]

it's weezy f baby and the f stands for bankruptcy

This might be the best post in this thread....

 

[*L*E*G*A*C*Y*]

It's that real.............!

 

[*L*E*G*A*C*Y*]

I seriously doubt Wayne has 135mil, or even half that. Or a third.

Dawg. HE's been in the game since I was in high school back in 1998-1999...his money is long. I don't believe that for a second that he don't got loot like that.

 

[*L*E*G*A*C*Y*]

If I woke up and my back account read that, I think I would start crying.

I would too b..I would too...