Former Trump attorney Rudy Giuliani owes more than half a million dollars in federal taxes and faces a lien on a property he owns in Florida, according to a recent court filing.
The unpaid balance of $549,435.26 in federal taxes for 2021 was revealed in an August notice that said the IRS was placing a lien on Giuliani’s property in Palm Beach, Florida.
The Daily Mail first reported Giuliani’s tax debt, which comes as he faces mounting legal woes, and fees.
Last month, Giuliani’s former lawyers sued him over allegations that he had not paid legal fees that they said amounted to $1.36 million. Giuliani responded to the lawsuit by saying the dollar amount being sought was excessive.
Because it’s not about the amount of money or the ability to fight it, it’s about the way the income or other wealth was generated. The IRS audits the rich all the time, it’s just easier to have someone fix a mistake or catch tax evasion/fraud when the underlying income/wealth is only generated from a few sources. If you make 7 figures because that’s your salary, it’s still pretty easy to audit you.
Above a certain threshold of wealth is ONLY achievable through complex and/or shady means and it’s the norm way below that threshold.
Rich people generate wealth in more and different ways than regular people.
Nope. They audit poor and middle class people MUCH more, even proportionately.
Nobody with a 7 figure salary doesn’t own stock and/or property too. That’s how the system works: the more money you have, the more opportunities you have to get more and the more eagerly your bank and/or accountant urges you to invest.