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Rock Star, Prince, Owes Near $1 Milli In Taxes Passes Debt Off To Fans
Rock star Prince, like many before him is in trouble with the IRS. According to Minnesota public taxing records, he owes $227,000 to the state and government, and Prince’s companies, PRN Music Corp. and Paisley Park Enterprises, Inc. owe about $450,000. And in accordance with Reaganomics, Prince's online community members found their credit cards charged $77 each to extend the lifetime of their fan club membership. SMH! This top-down fan-capitalism is due to go through boom and bust cycles and we expect a bust to come soon. If you're a Prince fan, our advice to you is to head for the hills!
Date Submitted: 3/26/2010 2:11 PM
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PostedBy: DimeWars Staff
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