What do Sinbad, Dionne Warwick, and 248 other individuals have in common? They’ve appeared on the Franchise Tax Board’s annual listing of the 250 worst California income tax scofflaws.
To make the list, you needed to owe at least $217,909.17. The top debtor owes $9,940,513.49 (we wouldn’t want to forget those 49 cents).
This is Ms. Warwick’s third year on the list, so the excuse that her manager is working on the issue is holding less water these days. Ms. Warwick owes $2,185,901.08 while Sinbad (also his third year on the list) owes $2,522,424.10.
The program has seen six taxpayers pay their tax debt in full. California has recovered $1,517,690.33 from those six taxpayers. Meanwhile, the State Legislature spent the recovered money in (likely) less than a minute….
someone quicky get Sinbad a movie deal! California needs you!