Back in March I reported on rapper Jeffrey Atkins (aka Ja Rule). He decided that it was a good idea if his after tax income was the same as his before tax income. Given that the tax loss to the IRS was $1,137,912, that wasn’t a good idea.
Today, U.S. Magistrate Judge Patty Shwartz sentenced Mr. Atkins to 28 months (to be served with a state weapons count). “Taxpayers do not have the luxury of deciding whether to comply with laws,” Judge Shwartz noted. Well, they do have a choice but they have to face the consequences if they don’t. Mr. Atkins has agreed to make full restitution to the IRS.
Here’s another version of a classic:
Tags: JaRule