Xzibit owes nearly $1 million in delinquent federal taxes. His excuse for not paying them? The cancellation of Pimp My Ride. The rapper has declared bankruptcy twice since 2009 and had both bankruptcies dismissed according to Tax Watchdog.
Halfway through last year he had assets of approximately $739,433 but owed more than $1.4 million. His claim that cancellation of the show that made him famous is behind his financial problems doesn’t appear to be entirely untrue, as his records indicate he made $497,175 for headlining Pimp My Ride in 2007 and the next year, after the show was canceled, only made a paltry $67,510.
The most interesting revelation from his tax records? He didn’t own a car while hosting the show. He was leasing a 2006 Range Rover for $2,230 a month.
ARE YOU Serious right now?!…wow!!…damn, you never know when your 15mtn are gonna be up…you better manager your money correctly!!
That’s hillarous I thought xzibit had paper!!! Guess you gotta ask dre for another hit man.
All dem rides he pimped, X better repo sum and cash ’em in. SUCKA!!!
he got on that bs and started blowing all his money if he knew he wasnt makin rap money he shoulda saved some of that cash
Show was hilarious, he made that show. I am sure if he gets focused he can get back on top.
wtf happen to all that movie money xxx 2 the x files movies he better get on that grind again
This is a primary reason why the tax laws are garbage. You get punished for being successful. I bet you he falls with in the 200k to 250k bracket. You know your gonna get taxed to hell and back. How do you like the hope and change now?
I think its in Switzerland where they are smart enough to not cage people for unpaid taxes. They are more Christian than are North Americans. Even Iceland makes North America look like a joke since they do not listen to the devils of murder and commit that sin against others.
Tax collectors should be dehumanized by having their hands bound together in fetters called handcuffs and caged as animals in hellish prisons for stealing peoples money via taxation.