Xzibit's Tax Records Leak Online, Rapper Owes $500K

J-Banks · 04-16-2009, 12:22 PM

Xzibit's Tax Records Leak Online, Rapper Owes $500K

Rap veteran Xzibit's tax records have reportedly leaked online displaying various financial debts including $501,840 he owes in federal taxes.

The rapper-turned-actor's financial records were released today (April 16).

The government says Xzibit, a double-threat Detroit-born rapper/actor who hosted "Pimp My Ride" on MTV, owes $501,840 in federal taxes. He has gone on to star in a string of movies to a onetime Broadway star who has tax liens totaling more than $350,000. The IRS filed a $205,485 lien on February 4 in the Los Angeles County Recorder of Deeds office. On April 17, 2008, the IRS had filed a $296,355 lien. (Detroit News)

Despite the alleged financial crunch, X is currently offering $10,000 to fans willing to follow him via his Twitter account.

Xzibit will be giving away $10Gs to his Twitter followers, specifically, five stacks will go to his 500,000th follower and the other $5Gs will be awarded to some other follower chosen at random. One thing, though: to date, Mr. X-to-tha-Z boasts a grand total of 9,186 followers, so get to following. Just think: you've got a .0002% chance of being $5,000 richer. (Vibe)

Method Man's tax problems recently emerged last month.

The repo man got Method Man. The state Department of Taxation seized a 2008 Lincoln Navigator belonging to the rapper and member of the Wu-Tang Clan, who failed to pay $52,503 in personal income taxes. The luxury SUV was taken at 6 a.m. Wednesday (March 18) from Method Man's Staten Island, New York home. (New York Post)

Fellow New Yorker Lil Kim also had her tax information leaked online.

Kim has $979,090 in tax debt. The state of New York filed a $12,599 tax warrant on April 26, 2008, in the New York County Clerk's office. The IRS filed a $50,464 lien on Sept. 5, 2007, in the Bergen (N.J.) County Clerk's office. The IRS filed a $67,509 lien on May 14, 2007, in Bergen County. The state of California filed a $4,089 lien on Sept. 16, 2005, in Sacramento County Court. The IRS filed a $232,348 lien on Aug. 16, 2005, in New Jersey. The state of New Jersey filed a $51,471 lien on Aug. 11, 2005, in New Jersey State Superior Court. The state of New Jersey filed a $77,939 lien on Dec. 9, 2004, in New Jersey Superior Court. The IRS filed a $482,671 lien on Feb. 19, 2004, in New Jersey. (SOHH)

Source: sohh

Precinct Phantom · 04-16-2009, 01:11 PM

hmmm, thats pretty shitty tbh.
Full Circle was heavy, release another album X!!!!!

El Scorpio · 04-16-2009, 06:25 PM

damn how'd that happen oO

BuddyBoy · 04-16-2009, 06:33 PM

i bet he's got 500 g's in his pocket tho... just cause he owes it doesnt mean he broke. Just that his accountant aint doin his job.

citystarz™ · 04-16-2009, 08:49 PM

Quote:

Originally Posted by buddyboy

i bet he's got 500 g's in his pocket tho... Just cause he owes it doesnt mean he broke. Just that his accountant aint doin his job.

^^ .

AUTUMN_DEATH · 04-24-2009, 04:26 PM

damn x i want another album!!!!!!!!!!!!!!!!!!!!!!!!!!!

RodKnee · 04-24-2009, 04:34 PM

Yeah how did that happen? I bet he can pay it off though without trouble. I can imagine soulja boy fucking up with his taxes with him being young and spending it all on stupid shit. Man I'd shit on that guys ass. Turn my swag on >>> though

04-16-2009, 12:22 PM	#1
J-Banks Super Moderator Join Date: Feb 2005 Location: Providence, RI Posts: 21,015 Repped: 5,294 Repped 53,425 Times in 7,839 Posts Blog Entries: 1 Neg Reps: 53 Neg Repped at 93 Times in 86 Posts	Xzibit's Tax Records Leak Online, Rapper Owes $500K Xzibit's Tax Records Leak Online, Rapper Owes $500K Xzibit's Tax Records Leak Online, Rapper Owes $500K Rap veteran Xzibit's tax records have reportedly leaked online displaying various financial debts including $501,840 he owes in federal taxes. The rapper-turned-actor's financial records were released today (April 16). The government says Xzibit, a double-threat Detroit-born rapper/actor who hosted "Pimp My Ride" on MTV, owes $501,840 in federal taxes. He has gone on to star in a string of movies to a onetime Broadway star who has tax liens totaling more than $350,000. The IRS filed a $205,485 lien on February 4 in the Los Angeles County Recorder of Deeds office. On April 17, 2008, the IRS had filed a $296,355 lien. (Detroit News) Despite the alleged financial crunch, X is currently offering $10,000 to fans willing to follow him via his Twitter account. Xzibit will be giving away $10Gs to his Twitter followers, specifically, five stacks will go to his 500,000th follower and the other $5Gs will be awarded to some other follower chosen at random. One thing, though: to date, Mr. X-to-tha-Z boasts a grand total of 9,186 followers, so get to following. Just think: you've got a .0002% chance of being $5,000 richer. (Vibe) Method Man's tax problems recently emerged last month. The repo man got Method Man. The state Department of Taxation seized a 2008 Lincoln Navigator belonging to the rapper and member of the Wu-Tang Clan, who failed to pay $52,503 in personal income taxes. The luxury SUV was taken at 6 a.m. Wednesday (March 18) from Method Man's Staten Island, New York home. (New York Post) Fellow New Yorker Lil Kim also had her tax information leaked online. Kim has $979,090 in tax debt. The state of New York filed a $12,599 tax warrant on April 26, 2008, in the New York County Clerk's office. The IRS filed a $50,464 lien on Sept. 5, 2007, in the Bergen (N.J.) County Clerk's office. The IRS filed a $67,509 lien on May 14, 2007, in Bergen County. The state of California filed a $4,089 lien on Sept. 16, 2005, in Sacramento County Court. The IRS filed a $232,348 lien on Aug. 16, 2005, in New Jersey. The state of New Jersey filed a $51,471 lien on Aug. 11, 2005, in New Jersey State Superior Court. The state of New Jersey filed a $77,939 lien on Dec. 9, 2004, in New Jersey Superior Court. The IRS filed a $482,671 lien on Feb. 19, 2004, in New Jersey. (SOHH) Source: sohh __________________ JBanksblog.com - check it out __________________

04-16-2009, 01:11 PM	#2
Precinct Phantom Veteran Join Date: Feb 2009 Location: Lincoln Posts: 1,229 Repped: 282 Repped 125 Times in 95 Posts Neg Reps: 2 Neg Repped at 22 Times in 20 Posts	hmmm, thats pretty shitty tbh. Full Circle was heavy, release another album X!!!!! __________________ Links you need to checkout: myspace.com/precinctphantom myspace.com/grandangel510 myspace.com/macwasey

04-24-2009, 04:34 PM	#7
RodKnee Dr. Pussy Join Date: Jul 2007 Location: Catsville Posts: 2,133 Repped: 710 Repped 364 Times in 202 Posts Neg Reps: 73 Neg Repped at 28 Times in 25 Posts	Yeah how did that happen? I bet he can pay it off though without trouble. I can imagine soulja boy fucking up with his taxes with him being young and spending it all on stupid shit. Man I'd shit on that guys ass. Turn my swag on >>> though __________________ Put me in you

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

04-16-2009, 06:25 PM	#3
El Scorpio Veteran Join Date: Aug 2005 Location: Switzerland (but from UK) Posts: 8,922 Repped: 1,350 Repped 867 Times in 279 Posts Neg Reps: 2 Neg Repped at 3 Times in 3 Posts	damn how'd that happen oO

04-16-2009, 06:33 PM	#4
BuddyBoy Join Date: Mar 2004 Posts: 286 Repped: 27 Repped 58 Times in 22 Posts Neg Reps: 124 Neg Repped at 87 Times in 62 Posts	i bet he's got 500 g's in his pocket tho... just cause he owes it doesnt mean he broke. Just that his accountant aint doin his job.

04-24-2009, 04:26 PM	#6
AUTUMN_DEATH Join Date: Mar 2007 Location: Northern Ireland Posts: 774 Repped: 38 Repped 54 Times in 31 Posts Neg Reps: 0 Neg Repped at 30 Times in 26 Posts	damn x i want another album!!!!!!!!!!!!!!!!!!!!!!!!!!!