Tax Issues
In 2009, Sinbad was placed in the top 10 of the 250 worst tax debtors for the state of California. The comedian owed the State $2.5 million in personal income tax. On December 11, 2009, Sinbad filed for Chapter 7 bankruptcy. On February 5, 2010, it was reported that Sinbad put up his 2.5-acre (10,000 m2) hilltop home for sale in order to alleviate his tax burdens.
Read more about this topic: Sinbad (entertainer)
Famous quotes containing the words tax and/or issues:
“I come into the peace of wild things
who do not tax their lives with forethought
of grief.”
—Wendell Berry (b. 1934)
“I can never bring you to realize the importance of sleeves, the suggestiveness of thumb-nails, or the great issues that may hang from a boot-lace.”
—Sir Arthur Conan Doyle (1859–1930)