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SHARPTON’S 2004 CAMPAIGN Owes Nearly $1MILLION To Creditors and Fed Government

Home - by - April 19, 2012 - 12:30 America/New_York - 22 Comments

Washington Free Beacon

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MSNBC’s Al Sharpton is reeling in debt and back taxes.

The liberal provocateur owes nearly $1 million to creditors and the federal government as a result of his failed bid for the 2004 Democratic presidential nomination.

His campaign’s unpaid bills exceed $888,000, according to federal filings.

It is unclear why Sharpton has not paid his creditors. He does not lack for income.

Sharpton has his own primetime talk show on liberal network MSNBC, a platform he used to drive the Trayvon Martin shooting story that rocked the nation and led to the arrest of Democratic neighborhood watchman George Zimmerman.

In August 2011, Sharpton took over the 6 p.m. slot from Keith Olbermann, who earned more than $4 million per year working in the same slot at the network. Sharpton also drew a $240,000 salary from his nonprofit group, National Action Network, in 2011 even as the group racked up nearly $1 million in unpaid federal payroll taxes, interest, and penalties.

NAN has dealt with major finance issues in the last few years. The nonprofit raised $3 million in 2010, and paid off its state back taxes in 2011, but still owed $883,000 in unpaid federal payroll taxes in December. The group also owed more than $200,000 in loans to one of Sharpton’s for-profit enterprises.

Sharpton, who has endorsed President Barack Obama’s calls for taxing the rich, has his own tax issues. He owed the IRS $2.6 million in income taxes in December 2011, as well as almost $900,000 in New York state taxes.

 

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» 22 Comments

  1. Pickled Liver

    April 19th, 2012

    “Sharpton, who has endorsed President Barack Obama’s calls for taxing the rich……”

    I guess if you don’t have to pay it – you’ll endorse anything you race baiting POS !

    Thumb up +5

     
  2. Pickled Liver

    April 19th, 2012

    And they want to pass a law that if the IRS thinks I owe them more than $50,000 I can’t get a passport?

    Have they pulled Al’s?

    Thumb up +6

     
  3. oozlefanoozle

    April 19th, 2012

    It pays to have friends in high places.

    Thumb up +2

     
  4. demonrat dave

    April 19th, 2012

    Resist paying we much

    Noteworthy Comment Thumb up +10

     
  5. Doc

    April 19th, 2012

    Don’t worry, he be havin’ amnasty…anmesty…amnessee…They ain’t gonna do shit to him!

    Thumb up +7

     
  6. Kool Aid

    April 19th, 2012

    and yet if you or I missed $5k in taxes, the IRS would take our house, our bank accounts or any assets we had straight from our account.

    yet, the lunacy of Resist we much walks the streets without any fine, jail time or conviction……calling Eric Holder???

    Thumb up +5

     
  7. Wyatt, Insensitive Jerk

    April 19th, 2012

    Owe we much.

    Thumb up +3

     
  8. serfer62

    April 19th, 2012

    It would be racist to have a black repay debts, I mean its not like stealing…oh, wait

    Thumb up +5

     
  9. CrustyB

    April 19th, 2012

    It’s worse than the article says. The owners of the Empire State Building sued Sharpton for not paying the rent on his National Action Network office there. Sharpton evoked the “black people can’t get ID” myth to claim that, since 9/11, visitors to the building had to show ID to get in. Since his tribe members don’t have ID, they couldn’t access his office, ergo he didn’t owe rent.

    In 2009 the Peabody Hotel sued Sharpton for $88,000 in non-payment.

    Thumb up +3

     
  10. Ricky

    April 19th, 2012

    I wonder how much Al gets each month on his foodstamp (EBT) card?

    Thumb up +3

     
  11. Genghis Khen

    April 19th, 2012

    “It is unclear why Sharpton has not paid his creditors.”
    Is it? Really? Come on, people.

    Thumb up +6

     
  12. CrustyB

    April 19th, 2012

    Here’s the link to the Empire State Building lawsuit. Sharpton owed $250,000 in back rent!

    http://www.upi.com/Top_News/2005/02/28/Landlord-says-Sharptons-group-owes-rent/UPI-56451109644420/

    Thumb up +1

     
  13. Mary Jane Anklestraps

    April 19th, 2012

    How much money does he owe the beauty salons? They will snatch him bald headed.

    Thumb up +1

     
  14. Buck O'fama

    April 19th, 2012

    “Ah don’t owes no one no stinkin’ mony! Yous jus’ be’s a RAAAAAACIST!”

    Spoken very eloquently as usual, Al.

    Thumb up +2

     
  15. Nunya

    April 19th, 2012

    Donchall know? Nigras don’t hafta take responsibility fo’ nuttin’ not since 2009

    I know this firsthand as fact

    Thumb up +4

     
  16. Joe Btfsplk

    April 19th, 2012

    Quote Revrum Sharpton: “Up We yours!!”

    Thumb up +1

     
  17. moochoman

    April 19th, 2012

    someone please explain to me how this pos keeps getting elected

    Thumb up 0

     
  18. Tim

    April 19th, 2012

    Scuse me, but you incorrectly referred to the “Socialist Propaganda Disseminator MSNBC” as “liberal network MSNBC.”

    There’s no evidence whatsoever that they believe in liberty.

    Thumb up 0

     
  19. Rev. Al Sharpton

    April 19th, 2012

    You cracka-ass crackas better make with the Danegeld, or…well, I ain’t sayin’ I’mma torch your businesses, and no one can predict the future, but, you know, it’s a dangerous world, and all kinda shit can happen.

    So, chop-chop, whitey.

    Thumb up 0

     
  20. Bob M.

    April 19th, 2012

    I need a job with this bozo! Maybe I could be a modern Oskar Schindler, and sabotage them from the INSIDE! :-P

    Then again, this gang seems to have zeroed their sights quite well on their own feet! :oops:

    Thumb up 0

     
  21. Cruisin' Cat

    April 19th, 2012

    Daedbeat we much!

    Thumb up +1

     
  22. greatj

    April 20th, 2012

    Poor Alfraud Sharpton cant pay his taxes.Alfraud is to busy looking for some person or company to blackmail.The Obama/Democratic parties toadies at M.S.N.B.C.is paying him enough.

    Thumb up 0