DamE dash ows $23,073,227.56 IN back taxes. Ex wife says he is a dead-beat dad

how can u owe that much and escape jail time? wesley snipes and ron isley owed way less than that and got pinched
 
Fam, I hear you.
But $23 million in taxes!!!!
How do you NOT pay $23 mill in taxes?!?!

It ain't the taxes, it's the compounded penalties for not paying the original amount + (in his case) state legal fees over multiple years.

Dame is playing "Go Fish" while everyone else is playing "Texas Hold 'em".
 
She needs to give up...she stay bitchin about money. PS Linda, your son is grown now...you made it.....move on with your life.

In some states the child support continues til they are 21 if they are in college. IF he was trying to get his son to drop out so that he wouldn't have to pay child support that is trifling.
 
She needs to give up...she stay bitchin about money. PS Linda, your son is grown now...you made it.....move on with your life.

Child support in new york doesn't end until 21 unless the child is emancipated.And they don't have to be in college.

if he owes that much in state taxes you know he ain't pay support..to busy poppin bottles
 
:rolleyes:

Jay is worth 400Mil.

If you make 40K, is 2K pocket change to you?:hmm:

Dame is alot of things, but he's shown in the past that a dead beat dad he is not.

When has he shown that?

he owes taxes- dead beat

2 lofts foreclosed- dead beat

doesn't pay court ordered support- dead beat
 
Child support in new york doesn't end until 21 unless the child is emancipated.And they don't have to be in college.

if he owes that much in state taxes you know he ain't pay support..to busy poppin bottles

:yes: My uncle was happy as hell when my cousin graduated from college
 
:yes: My uncle was happy as hell when my cousin graduated from college

I was happy as hell when my daughter got a full time job and an apartment.

She was 19 at the time and I still paid the support payments until he reached 21 but I paid them directly to her instead of to her mother.

What made it so bad her mother is the one who went to court to try and get a raise. Judge said the child is emancipated and she wasn't entitled to anything, I voluntarily offered to continue paying but only to my daughter since she was starting off on her own.
 
You have to pay for kids to go to college too through child support. Baby daddys o the board please confirm this isnt true:smh:
 
How can someone (Especially someone Famous) owe 23 Million in taxes and be walking the streets? Yet Plaxico shoots himself and does two years? WTF is going on in NY?
 
The mother of music and fashion mogul Damon Dash’s son has branded him a “dead-beat dad”, RadarOnline.com is exclusively reporting.

Linda Williams – who has a :smh::smh::smh: son (also named Damon Dash) – is battling her famous ex to pay court ordered payments of $425 per week to help support their son.

Williams claims that Dash Sr. - who once had an estimated fortune of $50 million – has also interfered with their son from going to college because this would mean he will have to continue to pay child support.

Williams told RadarOnline.com: “I just want Damon Dash to do the right thing by his son and pay his support and help me get him in college.

“My son got into Five Towns College in Dix Hills, NY, on a $30,000 scholarship recently to do music, but his father did not want him to go even though it would not have cost him anything.

“He keeps telling him ‘tell your mom to drop the child support case and get out of court’ when my son just wants to be a normal teenager and go to college.

“His father recently set him up with some DJ gigs in New York, and I’m worried that he falls in with a bad crowd and gets involved with drugs and alcohol.

“My son loves music and ideally he could do both. He does not hate his father or anything like that, but he wants more guidance from him.

“His father has the money he just needs to do the right thing by his son.”

The feuding pair are due back in New York State Family Court at the end of August with Williams trying to ratify previous orders.

On April 6, 2010, Magistrate Cheryl Weir Reeves threatened to jail and seize Dash Sr.’s driving and business licenses, if he did not comply with previous rulings.

The back-dated payments of $425 per week to Williams were due to began on May 27, 2010.

Their original child support agreement in November 8, 1999, called upon Dash to pay her $3,766.67 per month in child support payments.

In addition, he was ordered to pay for his son’s summer camp, tutoring fees, private school tuition, karate lessons, guitar lessons plus the quarterly sum of $1,000 as vacation expenses also.

Following a ten year relationship the couple never married and now Long Island native Williams, who is currently studying at college, no longer has any communication with Dash.

The Roc-A-Fella Records and Rocawear co-founder – who also has two daughters by ex-wife fashion designer Rachel Roy – has run into major financial problems in recent years.

Last year, two multi-million dollar lofts he owned in Manhattan, New York, went into foreclosure after he failed to make the $78, 500 per month payments on them.

According to the State of New Jersey's Division of Taxation, Dash is currently the second biggest debtor to the state, owing $23,073,227.56 in back taxes to New York and New Jersey.

But Linda Williams doesn’t believe claims that Dash Sr. is totally broke.

She said: “At our last court appearance he admitted that he was paying between $10,000 and $12,000 per month for his home in Up-State New York, plus he has an art gallery and recording studio in Manhattan, so, he’s hardly broke.”

Calls to Damon Dash about Williams claims were not immediately returned.
http://forbezdvd.com/blog/?p=19285
http://www.radaronline.com/exclusives/2011/07/damon-dash-dead-beat-dad-claims-linda-williams


:smh::smh:
 
Dame is doing the right thing by his son. College tuition ain't shit but a government hustle. Besides: job experience is better than a college degree.
 
Sounds like the mom is using the son to squeeze money out of him.That bullshit college she is talking about isn't shit compared to the real world experience he could be getting from his dad.

Alot of you guys don't understand taxes.There are TONS of writeoffs when you have your own business.Especially a multimillion producing business like dame had.Alot of the writeoffs need impeccable recordkeeping and tax laws aren't really cut and dry.Rich people don't just claim 0 and look forward to a few dollars at the end of every year like most of yall.Pretty much every rich person has a ton of ambiguous writeoffs that they gamble they wouldn't get audited on.Dame probably got away for years with his writeoffs,got caught in an audit and the sum of ALL of those years plus interest equal that 26 million.
 
Da$h is his son's rap name and he's pretty decent......1st 2 mixtape have some few bangaz (those with ski-beatz production). Ill drop the albums when I can hit up my computer...


 
nigga is really tryin to keep the kid from going to college. nigga tryin to make sure your seed is successful in life is priceless. he worried about what the chick gets but fuckin the kid in the process. :smh: but wait he does owe 23 million to sam. i would move the kid in with me and send him to school.
 
remember that faggit was saying he dont wear the same sneakers twice? it was all good just a week ago....fuck that nigga
 
Now we see why Jay stop fuckin with that nigga. He could see back then that nigga was bad for business.

And it just goes to show. You can be from the hood and still be 10 times smarter than a nigga that went to an Ivy League boarding school. :yes:
 
How can someone (Especially someone Famous) owe 23 Million in taxes and be walking the streets? Yet Plaxico shoots himself and does two years? WTF is going on in NY?

That's what I'm saying... Owing 23 mill. in taxes and they ain't BEATING DOWN YOUR DOOR???... Nah... That don't sound right... :smh:
 
If you owe 78K per month on a mortgage the total amount of the property is valued at approximately 17-18 million. So this fool had a combined net worth of 50 mil and he had 34-38 million tied up into two properties? No wonder he's broke!
 
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