If People magazine is to be believed, Nicolas Cage’s tax woes just doubled. The entertainment web site is reporting that another federal lien has been filed against Cage to the tune of $6,712,821.99 in unpaid taxes for 2008. This brings Cage’s total federal tax liens to $13,330,372.83.
To put that into perspective, let’s assume that the average person works 45 years in his or her adult life. According to the latest information from the Census, the average income for men working full time is $45,113 and for women, it’s $35,102. So, let’s split the difference and call it $40,000. That means that the average US worker makes about $1.8 million during his or her lifetime. It would take more than 7 full time average US workers toiling their entire adult lives just to equal the amount of federal tax liens owed by Nicolas Cage.
No wonder that Cage has described his own financial state as “catastrophic.”
