Chris Tucker owes over $12 million in taxes
February 22nd, 2012 by faye
The tax debt of ‘Rush Hour’ star Chris Tucker has gotten bigger, now that Uncle Sam and the Peach state are after him once again. The state of Georgia is getting in on the act for a 2007 tax lien of comedian Chris Tucker and has reportedly added yet another $592.594.82 to the actor’s already huge IRS debt of $11,571,909.26.
The 39-year-old Tucker has a tax debt for the years 2001, 2002, 2004 and 2006 and even got rid of his two Florida homes to help lessen his tax debt. Last October, Chris Tucker unloaded one of his Florida homes for $1,050,000 despite its asking price of $1.5 million. Then, Tucker had a short sale on his 8,861-square-foot Lake County, Florida home back in November 2011 even before the bank planned to foreclose it. The actor was able to sell the mansion for a reported $2 million even though Chris Tucker still owed $4.4 million on it.
Back in 2001, the comedian reportedly raked in $20 million worth of earnings from his movie “Rush Hour 2″ and scored $25 million for “Rush Hour 3″ which hit theaters in 2007. Recently, there have been talks that Chris Tucker might resurrect his role in Ice Cube’s “Friday” movie franchise which could also help pay his compounding tax debt.
The tax dispute of Chris Tucker is similar to what actor Nicholas Cage had about two years ago when the IRS came running after him. The ‘City of Angels’ star Nicholas Cage owed roughly $14 million in back taxes for living way beyond his means, reports say. Cage actually had an overwhelming treasure trove; over two dozen homes, a castle, two Bahamian islands, Gulfstream jet, dinosaur skulls, shrunken heads, at least 50 expensive cars, two yachts, 18 motorcycles. The excessive spending seemed endless and in the end, actor Cage had to sell off properties, businesses, cars and yachts in order to pay down his humongous tax debt with the feds.