18 October 2006

Wesley the Tax Fraud Guy

Looks like Wesley Snipes is being indicted on 8 counts of tax fraud, allegedly filing false tax claims in total of $12 million, and if found guilty could spend up to 16 years in prison. Yikes! But before you get my take on it here is the scoop.

So apparently Wesley Snipes, the famed actor of "Blade" and "White Men Can't Jump," tried to pull a fast one on the IRS by filing false tax claims and in addition hasn't filed a tax return in seven years. He also hired someone to do his taxes who has a history of filing false claims. Snipes' former agents, United Talent Agency and William Morris, have both sued him for not paying commissions; William Morris settled out of court. Too add to the drama, Chase Manhattan has sued Snipes several times for not paying the mortgage on his Florida mansion. And just when it couldn't get any worse, in 1997 Snipes claimed an income of $19.2 million but later amended his tax return stating he had zero income!

You KNOW I'm going to comment. Why would an actor, making millions of dollars per movie (Snipes made about $13 million for Blade: Trinity) want to fool the IRS (which you'll never get away with) so he can make even more money? Hmmmm. That one baffles the mind. It's not like he's poor and NEEDS the money. Or maybe he does? I'm guessing he's accumulated so much money in debt and spent millions on useless crap that he NEEDS more money. You don't neglect your mortgage because you just don't feel like paying it. The bank could take your house! You don't pay your mortgage because you don't have money to pay your mortgage. So it begs the question once again, why does a multimillionaire NEED money? Seems like the richer you get the broker you get, if that even makes sense.

I doubt "Blade" will serve any jail time and probably end up paying some fines. I guess as the millions start piling up you forget that you can't spend money if you don't have money. Hmmm.
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