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taxes of the rich and (in)famous

Wesley Snipes Walks Out Of Prison Just Before Tax Day

5 April 2013

Tweet Wesley Snipes is a free man… mostly. TMZ is reporting that the 50 year old film actor has been released from prison. According to the popular site, Snipes was released on April 2 and transferred to the New York Community Corrections Office. He will be on house arrest thereafter until July 19. If my [...]

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Whoa, Cowboy: Tax Laws May Make Romo Highest Paid NFL Player

4 April 2013

Tweet Who had the best holiday weekend? Looks like it might have been Dallas Cowboys quarterback Tony Romo, who signed a 6-year $108 million contract extension. Jerry Jones, Cowboys owner, president and general manager said about the signing: In today’s game, every NFL franchise understands the importance of production and continuity at the quarterback position, [...]

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Dolce & Gabbana Fined Millions For Tax Evasion

3 April 2013

Tweet I’m a man, I’m not just a fashion designer. – Stefano Gabbana Now, Gabbana can add “tax evader” to his resume. Both Stefano Gabbana and his partner, Domenico Dolce, together known as the fashion duo Dolce & Gabbana, were fined in connection with charges of tax evasion this week by a Milan tax court. [...]

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You Are Not Alone: R. Kelly Joins Taxpayers Who Have Lost Homes Due To Foreclosure

21 March 2013

Tweet R&B artist R. Kelly took a huge hit to his finances this week when his 20,000 square foot dream home was auctioned for less than a million dollars. The home, which Kelly had built in 1997, was subject to a $3.5 million mortgage. R. Kelly, whose real name is Robert Sylvester Kelly, has been [...]

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Uh Oh: Bieber Crosses Line But Not The Law On Lohan Tax Remarks

15 March 2013

Tweet Pop star Justin Bieber raised eyebrows this week for his bizarre swipe at Lindsay Lohan. After being compared to the troubled Lohan in the press, Bieber took to the social media site Instagram to badmouth the Mean Girls star, saying, among other things: “to those comparing me to Lindsay Lohan look at her 2012 [...]

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Jacksons Plead Guilty To Fraud and Tax Charges Related to Campaign Funds

20 February 2013

Tweet One couple, two pleas. In a day that had many on the Hill glued to their seats, former U.S. Rep. Jesse Jackson Jr. and his wife, former Chicago Alderman Sandra Stevens Jackson, both pleaded guilty to federal charges related to campaign fund abuse. At the start of the day, Jackson Jr. told U.S. District [...]

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Ship Isn’t The Only Thing That Stinks At Carnival: Low Tax Rate Stirs Ire

16 February 2013

Tweet I love a good cruise story – even those gone bad. Gilligan’s Island? I’d totally live with those seven strangers (did anyone else find the Professor dreamy?).  And the Titanic? Even when dying, Leonardo DiCaprio managed to make Kate Winslet swoon. Being shipwrecked or smacking into an iceberg at least makes a good romantic [...]

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Why Justice Matters, Revisited

21 January 2013

Tweet Today, we celebrate the life of Martin Luther King, Jr. To honor the day, as I do always, I am reposting an article (as is) that I wrote a few years ago. It remains one of my favorite posts. Enjoy! — I’ll be frank. I don’t always love being a lawyer. When I was [...]

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Depardieu Accepts Offer Of Russian Citizenship To Escape Higher Taxes

4 January 2013

Tweet Ooh la la! Guess who’s switching from brie to borscht? Gerard Depardieu, the enigmatic French actor, has become a Russian citizen. The announcement that Depardieu had officially been approved (by President Vladimir Putin himself, apparently) followed a flurry of exchanges between Depardieu and Prime Minister Jean-Marc Ayrault over French President Francois Hollande’s plans to [...]

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High Court Says ‘Non’ To Millionaire Tax in France

31 December 2012

Tweet France’s high court has issued a resounding “non!” to President Francois Hollande’s attempt to tax millionaires. Hollande’s controversial tax, slated to go into effect for 2013 revenues, would have imposed a 75% tax on individuals with revenues of more than 1 million euros (about $1.3 million U.S.). The tax was meant to raise money [...]

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