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February 01, 2011


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Madoff isn't a good example, because he went to jail for fraud and not tax evasion. I think a better example for the list would be Al Capone, who was incarcerated not for murder or racketeering but for tax evasion! If only he had paid taxes on his ill gotten gains he may have not had to go to prison!

It is implausible that Prince - or anyone short of a billionaire - owes $500 MILLION in property taxes. A quick Google check suggests he had a delinquency of $506 THOUSAND as of last Feb 15.

Apparently, he paid up sometime last May.

Somebody, somewhere added three zeros and this error should never have gotten by an editor.

Or a blogger.

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