Cash Money or IOU Money !? Lil Wayne Owes Over 12 Million in UnPaid Taxes !!

Published On March 4, 2014 | By admin | Local & Worldwide News

Grammy-winning rapper Lil Wayne appears to have a lot more on his mind than paying his debt to the government as reports claim he owes over $12 million in taxes.

Details of Weezy F. Baby’s alleged money woes have started to circulate online.

Lil Wayne has not only stomped on the American flag, he’s now said F you to Uncle Sam, because we’ve learned he hasn’t paid his taxes — TO THE TUNE OF MORE THAN 12 MILLION BUCKS! According to a tax lien — obtained by TMZ — Weezy failed to pay taxes for 2011 and 2012. For 2011 he owes a staggering $5,843,952. And for the following year, even worse — $6,311,132. Wayne has had his financial issues. He owed $7 mil for back taxes in 2008 – 9, but he cleared the debt in 2012. (TMZ)

Despite the debt, Wayne is reportedly worth over $100 million.

He’s also had legal issues. In 2012 … Wayne famously lost a case against Quincy Jones’ son after thumbing his nose at the court. A jury socked Wayne for $2.2 mil. Wayne is reportedly worth $135 MILLION. As Weezy says, “You got money and you know it. Take it out your pocket and show it and throw it.” (TMZ)

Back in September, the Young Money boss landed on Forbes’ “World’s Highest Paid Hip Hop Artists” list.  1. Diddy ($50 million) 2. Jay Z ($43 million) 3. Dr. Dre ($40 million) 4. Nicki Minaj ($29 million) 5. Birdman ($21 million) 6. Kanye West ($20 million) 7. Lil Wayne ($16 million) 8. Wiz Khalifa ($14 million) 9. Ludacris ($12 million) 10. Drake ($10.5 million) 11. Snoop Lion ($10 million, tie) 12. Eminem ($10 million, tie) 14. Kendrick Lamar ($9 million, tie) 14. Pharrell Williams ($9 million, tie) 14. Macklemore & Ryan Lewis ($9 million, tie) 17. Swizz Beatz ($8.5 million) 18. Tech N9ne ($7.5 million) 19. 50 Cent ($7 million) 20. Lil Jon ($6 million, tie) (Forbes)

Credit Source: Sohh

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