The Culture of Corruption: Al Sharpton’s Nonprofit $1.6 Million In Debt, Yet Pays Himself $242K … Owes IRS $2.6 Million
More from the Democrat culture of corruption …
Just yet another example of the culture of corruption and the special treatment that Democrat king makers receive. Just curious, how come President Barack Obama is not railing on this abuse by the 1%? The New York Post reports that Al Sharpton paid himself nearly $242,000 even though his non-profit was $1.6 million in debt.
The Rev. Al Sharpton’s nonprofit paid him nearly $242,000 — even as it carried $1.6 million in debt, according to documents obtained by The Post.
In all, the controversial activist and his empire, including the National Action Network and two for-profit companies, were $5.3 million in the red, public records show.
Most of NAN’s money woes stemmed from more than $880,000 in unpaid federal payroll taxes, interest and penalties. It also paid more than $100,000 to settle two lawsuits, byproducts of the unpaid bills.
And it still owed $206,252 in loans to Sharpton’s for-profit Bo-Spanky Consulting Inc. and Sharpton Media LLC, the records show.
Sharpton drew a $241,732 salary and perks that included first-class or charter air travel, tax filings show. He owes the IRS $2.6 million in income tax, and nearly $900,000 in state tax.
Yup, so this is what we have as the “Civil Rights” movement in the US these days, huh? Where is the outrage from the MSM? Oh that’s right, Sharpton is one of them. We are reminded by the Gateway Pundit that Sharpton finally did pay the the Peabody Hotel in Memphis, TN the $106,981 that he owed for a 2008 conference. Seriously, Obama is so quick to call Wall Street individuals evil, where is his consistency? Where is Obama’s outrage over some one like Sharpton gaming the system and causing harm to America? Just remember, if you call Sharpton on this, you are a racist.