Uncle Sam After MC Hammer For Nearly $800,000 In Unpaid Taxes

 

Uncle Sam doesn't forget or forgive. MC Hammer is finding that out the hard way.

 

Hammer, real name Stanley Burrell, is in deep debt with the U.S. government to the tune of $779,585 according to TMZ. The government has filed a lawsuit against the rapper in an attempt to collect the debt.

 

Hammer sold more than 50 million records worldwide, mainly during the height of his success in the early 90's. The rapper accumulated massive wealth. He reportedly made, then blew as much as $30 million dollars due to bad investments and a $12 million dollar crib he had built for himself. After falling $13 million dollars in debt, Hammer filed for bankruptcy in 1996.

 

The government says the rapper owes unpaid taxes for the years 1996 and 1997. They are demanding any money he makes from concert appearances go straight to them until the debt is satisfied. Given that Hammer is not exactly a hot name in the streets right now, you would be right to assume it is going to take quite a while for him to repay his debt.

 

 

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Tags: $800, 000, After, For, Hammer, In, MC, Nearly, Sam, Taxes, More…Uncle, Unpaid

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Comment by Smoove82 on December 13, 2011 at 8:15pm
Comment by AVITY on December 13, 2011 at 11:35am
Stupid n*gga
Comment by Omega RED on December 13, 2011 at 10:26am

@bigreed cosign!

Comment by KEIZER SOZE on December 13, 2011 at 10:25am

VANILLA ICE still has MILLIONS I think (lol)

Comment by Trinity Daniels on December 13, 2011 at 7:58am

#UpAllNight @FollowTrinity
Download on iTunes: http://itunes.apple.com/ca/album/up-all-night/id480330633?i=480330634

Comment by Serious on December 13, 2011 at 6:50am

lol@HIS EVIL HOMOSEXUAL COALITION

Comment by BUTTAFLY JONEZ on December 13, 2011 at 6:28am

Oh no Hammer! Not again!

Peep Game! at www.peepgame.net (Don't hate the player, learn the Game!)

Comment by Frank White on December 13, 2011 at 6:25am

JAY-Z AND HIS ILLUMINATTI BOYS HATIN AGAIN. F*** GAY-Z AND HIS EVIL HOMOSEXUAL COALITION.

Comment by Mike Belts on December 13, 2011 at 4:02am

MC HAMMER, you gotta hold it down for the NORTHWEST!!! NORTHWEST MUSIC YALL

Comment by Corey thompkins on December 13, 2011 at 12:23am

hammer, dont hurt him!

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