DMX owes the IRS 1.5 Million Dollars in Back Taxes…
DMX, has had more problems exposed recently. The IRS filed a $442,869 lien against DMX and his wife on January 2nd in New York City then a $663,554 lien against DMX on September 10th of 2007 in Arizona. According to the liens, DMX owes income taxes from 2002, 2003 and 2005. The state of New York even filed a $8,434 tax warrant against the couple in February of 07, another that was missed was for $44,357 back in 2006. All of this comes down to DMX owing over 1.5 million dollars to the IRS and he just turned down celebrity boxing which would have paid something, at least. In related news, after DMX decided to cancel the Alabama amateur boxing match on December 12th with actor slash musician Edward Martinez (who actually managed X at one time), the fights promoters Thunder Promotions has signed one-time chart topping rapper Coolio to replace him. According to multiple reports, DMX wanted the fight to be fixed so he would win and his safety guaranteed, well the promoters won’t have to worry about that with Coolio, “Coolio has been much easier to deal with and “he is going to take this seriously,” they told TMZ.
