Rappers and Taxes

Cover of Nas I was reading something lately where rap artist Nas owed the IRS (internal Revenue Service) 6 million dollars. Nas owes money on property and some other things that has made him deliquent on his taxes. I often wonder how these artist can amass great wealth, but can handle the bills that create right and pay the folks they owe. Is it that most these artist don't know how to handle their money or is it that the IRS is desinged to beat these young artist out of the wealth that they create?

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Gucci Mane Mentally Insane

Image via Wikipedia I was looking at a magazine that sayed Gucci Mane checked into a Mental Institution. Everybody is saying that the Music Business can drive you crazy. Gucci Mane not to long ago tattooed and Ice Cream Cone on the side of his face. What would make a man want to do something crazy like that? Gucci Mane like many other artist are not really selling records to the capacity that they would like to. Gucci Man seems to being getting his strings pulled by others behind the closed door.

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Gucci Mane goes from jail to Mental Facility The Hip Hop Atlanta rapper Gucci Mane has been committed to a mental facility after being deemed unfit to attend a probation hearing. In a Fulton County, Ga., courtroom Monday, Gucci Mane(government name: ...

Golden Globe

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THE 2011 GOLDEN GLOBE AWARDS - RICKY GERVAIS INSULTS

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Where is Simon Fuller

Image via Wikipedia Its been a year since the creator Simon Fuller has moved on from American Idol. American Idol was Simon Fuller's creation that he brought from the foreign market into the American market. Simon decided to leave American Idol, and move on to other business endeavors. The orginial cast of Paula Abdul, Randy, and Simon spear headed the creation of American Idol and made it an American house hold name.
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Has Louis Farrakhan Sold Us Out

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It has been alot of talk about Minister Louis X Leader of the Nation of Islam is doing business with L. Ron Hubbard the leader of Scientology. Elijah Mohammad never intended for the Nation of Islam to be in bed with the European Race, according to all the critiques of the Nation of Islam.

Scientology is said by many to be a cult for the rich and famous. Many of your favorite celebrities like Will Smith,Tom Cruise, and Brittany Spears are a part of the Scientology religion that was set up by L. Ron Hubbard. A lot of outsiders contest that Minister Louis Farrakhan is in bed with the Jews. In all that the minister teaches and has taught thought his career he has never preach integration among White America. Is the Nation of Islam really controlled by outside forces that can call on the Minister to implement the global agenda plan or New World Order?

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Scientology & The Nation Of Islam

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Wesly Snipes Goes To Jail

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The news media has been quiet about Wesley Snipes reported issues with the IRS about him not paying taxes. The last three years Wesley has been battling with the courts about his rights regarding him paying taxes. Snipes believes that taxes are a fraud and that he is not obligated to pay his taxes. Well, after months of ligation Snipes was sentenced to three years in jail for not paying his taxes.

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This just in: Wesley Snipes was sentenced to three years in prison and fined up to $5 million for evading federal income taxes. Snipes was.

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Record Label Artist Control

Record labels are losing control of a lot of artist today. Artist today are feeling the independent spirit. Record labels have created the 360 deals to combat the lost of record sales. The 360 deal allows the record company to get a percentage of the artist other endorsement royalties. Artist control diminishes when you signed with a record label. A company like American Idol gets control and a percentage of all the money that the artist makes from other endorsement.

In today's music business, many artist are striving for Independence due to the record companies new business called a 360. Artist from the major label to the independent labels are trying to be more in control of the own actions so they can reap the benefits of the money that's being made with their music business career.

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