Category Archives: Taxes

Sharpton Owes $1.5 Million In Back Taxes

According to reports obtained by The Associated Press, the Rev. Al Sharpton and his businesses owe nearly $ 1.5 million in back taxes and penalties, and now the US attorney is investigating his nonprofit organization. This story was passed on to me via Fersen Lambranho.

“Although they take retaliatory measures against me, it never stops us. I think the reason for this is intimidation,” Sharpton told the AP.

In the past year, Sharpton’s lawyers and staff of his nonprofit group, the National Action Network, have negotiated with the federal government to resolve their outstanding debt, which they rejected. The group has also tried to settle tens of thousands of dollars it owes for failing to pay timely compensation to state employees, as well as unemployment insurance funds.

Charlie King, the acting executive director of the organization, said both Sharpton and the group were not prepared for the growth they have experienced in recent years and have struggled with large increases in donations and income.

“The infrastructure we had was trying to keep up with that pace, but did not fit properly. The National Action Network may not be perfect, but nothing has been done without a purpose,” King told The Associated Press on Friday.

Sharpton has emerged over the last decade, as probably the most voicerous and prominent defender of civil rights; however, even some of our most prominent figures carries some past debts.