If you’ve ever stumbled upon the TMZ website, you know how they love to expose celebrity tax problems. If I didn’t know better, I’d say they have some secret relationship with the IRS. I mean, what a huge benefit to the IRS to have these cases all over the internet where people can see them.
A quick perusal of the TMZ website reveals the tax issues (past and present) of the following celebs:
- Christie Brinkley
- Bow Wow
- Chris Tucker
- Sandra Oh
- Al Pacino
- The Osbournes
- Nicolaus Cage
- Val Kilmer
- Toni Braxton
The list goes on and on. My apologies if this blog is starting to look TMZ-ish, but celebrities just can’t stay out of tax trouble. As their fame (and income) start to slide, they find themselves overextended and tax bills often go unpaid. Besides, I do think it is constructive to call out the celebs, especially if it gets us to ponder our own spending habits and live more frugally.