Monday, November 19, 2007

NEWS: Damon Dash Owes $2M In Taxes

Ouch. The IRS claims Damon Dash owes $2 million bucks in back taxes. Beware, this information comes from the NY Post, so it very well may not be true at all.

"The records show that hip-hop mogul Damon Dash - whose estimated $50 million fortune bought him a chauffeur-driven $400,000 Maybach sedan, diamond-encrusted watches and more than 1,000 pairs of sneakers - owes the state more than $2 million. Dash, 36, is one of almost 225,000 city debtors who together have shortchanged the city and state more than $1 billion in income taxes, penalties and interest, the records show." Read more here.

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