Soulfull News NO CHARGES IN SHARPTON INVESTIGATION
 Rev. Al Sharpton is out of hot water with the U.S. Attorney's office.
Federal prosecutors dropped their investigation into allegations that the activist cheated on his taxes and extorted contributions from corporations in exchange for not protesting against them. Sharpton has agreed to pay millions of dollars in back taxes but he won't face criminal charges or have to appear before a grand jury. About a dozen of Sharpton's aides who were served with federal subpoenas will no longer be required to testify. However, Sharpton and his National Action Network (NAN) will have to pay unpaid taxes which are believed to total anywhere between $2 million and $9 million. Prosecutors have given the case to the IRS which will calculate Sharpton and the NAN's final tax bills. "According to the government, Rev. Sharpton individually owed in excess of $1 million and NAN owed in excess of $1 million, over 50% of which was penalties in both cases," Sharpton's lawyer, Michael Hardy, said. Sharpton's legal bills could add up to an additional $2 million. Sharpton earns about $750,000 a year through his various media gigs: his syndicated daily radio show (heard in 40 markets nationwide), weekly TV show and appearances on the "Tom Joyner Morning Show." He gets between $15,000 and $20,000 each time he appears on the lecture circuit and another $2,000 each time he gives a guest sermon at somebody's church. He's still earning royalties on two books, as well. When you add all of those numbers up, Sharpton can easily pocket a million dollars a year. He puts a lot of that money back into the National Action Network. Most of the group's income and tax records were destroyed in a fire that gutted the NAN headquarters a few years ago. Quote this article on your siteTo create link towards this article on your website, copy and paste the text below in your page. Preview :
NO CHARGES IN SHARPTON INVESTIGATION Wednesday, 23 July 2008 Rev. Al Sharpton is out of hot water with the U.S. Attorney's office. Federal prosecutors dropped their investigation into allegations that the... Bookmark with:
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