Big names owe big-time on taxes
... federal tax liens filed in several wealthy ZIP codes, including those for Beverly Hills and Malibu, Calif., and Greenwich, Conn. Hundreds of seemingly wealthy people - company presidents, former soap opera stars, top-selling real estate agents - ......Why don't rich people pay?
"They realize they owe taxes," says Dennis Brager, a Los Angeles tax lawyer. "It's just that from their perspective, they have more pressing obligations."
Tax delinquents often blame the government for part or all of their problems. Penalties and interest on unpaid taxes are so punitive, they say, that it's almost impossible to dig out of a hole....
...Dick Morris —The former political adviser to Bill Clinton is a Fox News analyst. The IRS filed a $1.5 million tax lien against him in 2003. The state of Connecticut reports Morris owes $452,367 in back taxes and penalties.
Morris says he's reached an agreement with Connecticut and his name will be removed from the next delinquency list. He says he is committed to paying his taxes: "Following a difficult period in my life, I fell into arrears. But since then, I have paid almost $3 million in state and federal taxes....
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