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Tuesday, 18 November 2014

Sharpton Doesn't Feel Need To Pay- Tax and Other Debts Increasing

Posted on 08:54 by Vicky daru

Whether it be debts to the IRS, New York State, landlords or venders, racial agitator and faux "reverend" Al Sharpton doesn't believe he should have to pay his bills. According to the NY Times the man who led two anti-Semitic pogroms in NYC continues to rack up his debts.
Mr. Sharpton has regularly sidestepped the sorts of obligations most people see as inevitable, like taxes, rent and other bills. Records reviewed by The New York Times show more than $4.5 million in current state and federal tax liens against him and his for-profit businesses. And though he said in recent interviews that he was paying both down, his balance with the state, at least, has actually grown in recent years. His National Action Network appears to have been sustained for years by not paying federal payroll taxes on its employees.

With the tax liability outstanding, Mr. Sharpton traveled first class and collected a sizable salary, the kind of practice by nonprofit groups that the United States Treasury’s inspector general for tax administration recently characterized as “abusive,” or “potentially criminal” if the failure to turn over or collect taxes is willful.

Mr. Sharpton and the National Action Network have repeatedly failed to pay travel agencies, hotels and landlords. He has leaned on the generosity of friends and sometimes even the organization, intermingling its finances with his own to cover his daughters’ private school tuition.
But when you have friends in the White House and people like Senator Schumer show up to your fundraiser/birthday party despite the fact not once has Sharpton apologized for any of the evil he has committed--hey why pay bills?
Mr. Sharpton acknowledged his financial troubles in recent telephone interviews. He said all of the debts were being paid, thanks to vastly increased revenues from donors. And he pointed out that he had lent the organization money himself, while at times not taking a salary. “You can say I’m not a great administrator,” he said. “You can’t say that I’m not committed.”
The truth is Mr. Sharpton should be committed to a penal institution
In 2009, when the group still owed $1.1 million in overdue payroll taxes, Mr. Sharpton began collecting a salary of $250,000 from National Action Network. The recent Treasury report that called that sort of practice abusive also said only 1,200 organizations in the nation owed more than $100,000 in unpaid payroll taxes, which would put Mr. Sharpton’s group among the most delinquent nonprofit organizations in the nation.

Mr. Sharpton denied in a recent interview that the payroll tax shortfall was intentional. Contradicting the statements by the group’s accountants that this was how the organization was surviving, he said the underpayment stemmed from disagreements over how to classify certain workers, after the I.R.S. began investigating the group in late 2007. The agency demanded that some people who were working as independent contractors be treated as employees, he said, so the organization needed to retroactively turn over their payroll taxes.
Sharpton also denies that his incitement had anything to do with the firebombing at Freddy's Fashion Mart or the anti-Semitic riots in Crown Heights
Today, Mr. Sharpton still faces personal federal tax liens of more than $3 million, and state tax liens of $777,657, according to records. Raw Talent and Revals Communications owe another $717,329 on state and federal tax liens.

But according to state officials, his balance on the state liens is actually $220,000 greater now than when they were first filed during the years 2008 through 2010. A spokesman for the State Department of Taxation and Finance said state law did not allow him to provide any further details.
But American media and politicians are afraid to attack Sharpton for what he is, a bigot, a criminal and a tax dodger. Kudos to Russ Buettner  of the NY Times for adding some Sharpton truth to the ignorant accolades.
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Vicky daru
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