DMX Owes One Mil in Taxes

by Minority Fortune

dmxThe year 2009 is putting all sorts of Grade F Models on blast for their poor spending habits. The newest addition to the pool would be rapper DMX. He currently owes the state of New York $1.5 million in back taxes, as reported by All Hiphop. Do hardly wealthy people perceive taxes to be optional? We’re starting to think so as this action has been repeated ten fold this year. However, DMX is no follower. He’s been an exemplary model of being irresponsible for years now.

DMX has had his fair share of negative press over the past few years. As with most musical artists who experience popularity for a moment, he let it go to his head and spent money excessively. If you couple that with a dangerous life of doing drugs and going to jail, it doesn’t take a genius to figure out that their days with money are numbered.

Nevertheless, we have to tell our fellow DMX like it is:

Dear DMX,

NotAgainGo get some help. You’ve got a lot of issues. Money is one of them, but it’s far from the only one. You need to take some serious time for yourself and go sort out your issues. You’ll never be financially solvent if drugs and illegal activities are going on.

You need to downgrade your lifestyle. Sounds like you’re living in a home where you can’t fork out the bill. Taxes aren’t optional, buddy. Time to put your home on the market and move on to a more reasonably priced one. Actually, now that we think about it, you might want to go back to renting, my friend.

It wouldn’t help to educate yourself on finance management. You need to invest in an accountant and consultant to guide you in your spending and investments. You clearly can’t manage finances on your own. So, do try and get it together. You’re almost forty years old. How embarrassing!

Love,

Minority Fortune

*Image courtesy of Bob4o and AJ Supreme.
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