According to The Detroit News, Xzibit owes the Federal government $959,523. The rapper/actor is no stranger to tax issues and financial difficulties. The former Likwit Crew member has filed for bankruptcy twice since 2009, shortly after MTV cancelled Pimp My Ride and his California home was foreclosed (which was sold last week for $610,000)
While he listed assets totaling $739,433 and more than $1.4 million in liabilities, he was denied bankruptcy in both instances. Court records indicate he was leasing a 2006 Range Rover for $2,230 a month while earning $497,175 for hosting “Pimp My Ride.” After the show was canceled, his income dropped to $67,510 in 2008. In the 2009 bankruptcy filing, he acknowledged owing the IRS and said he had a verbal agreement to pay $250/month.
Here is a breakdown of what Mr. X to the Z owes:
- The IRS filed a $22,196 lien against him Nov. 2 with the Los Angeles County Recorder.
- The IRS filed a $435,487 lien July 21, 2009, with the Bernalillo County Clerk in New Mexico, where he owns a home.
- The IRS filed a $205,485 lien Feb. 4, 2009, in Los Angeles County. He owes income taxes from 2007, according to the lien.
- The IRS filed a $296,355 lien April 17, 2008, in Los Angeles County for unpaid income taxes from 2006, records show.
yo dawg i heard you dont like to pay your taxes so we takin your house
LOL!!!!
what kind of an idiot would lease a 2006 ranger rover for $2230 a month, dawg no wonder you broke. you coulda financed like 4 regular people cars with that money and owned them after a few years
if you’re making half a mil a year why not just buy a fucking $30 or $40,000 car and not have worry about car payments again.
IRS to Xzibit: “Give me the keys to that Range, grab you buy the shirt collar and tell you that you’ve officially been tricked”
big name rappers makin $67,510 in a year, LOL thats just sad, might as well get a real job. shoulda done some shows or something, im sure x could get atleast 10 gs for a show if he did his old songs
Yeah man, that’s crazy ? WTF ? 67 G’s for a year ??? WTF ?!? I think in 2009 or 2008 he was on a tour in Europe WTF ?
damn you owe 1 million bucks and you gonna pay them back $250 a month, thats gonna take like 3000 years dawg!!! and i aint even countin interest
Ha! I’ve always wanted to make as much money as a platinum-selling rapper! Now, I just found out I make MORE! Worrrrd!
Bwahaha!!! Real talk!!
seriously…..stick to what you know, rhyming. stop doing b.s. crap movies and stupid cameos…..too many rappers trying to be movie stars and now you broke! chump!
damn!!! what more can i say !!niggas never pay dey bills. fuck..
well pay taxes dumb fuck. and if you have no job then take a job in a factory.
how bout you release a fucken album and go on tour for once. this is what happens when good rappers start sucking because they make gay tv shows and dumb movies.
This is what happens when you fuckin stop putting in work and dont cut back you go broke, no show, no album, no shows means this shit is gonna creep up on you. thats why these muthaphuckas need to be smart with their money. buy at 1 really nice home, nothing more. dont have more than 3 cars maybe. dont support your entire entourage. dont have kids with every bitch you meet at a club. keep doing shows. find products that you can eba spokeperson for. all this shit woulda helped X
I saw Xzibit on George Lopez, dude was saying how he got rid of all his cars like it wasn’t cool to have sick rides anymore. The real reason is because dude is dead broke. What a moron, he had some sick tracks back in the the Speed of Life days, even Restless was pretty good. But holy crap, this guy is a idiot, how are you going to have all this talent and resources and make less than a factory supervisor? 67,000 X? Holy crap. You need to Pimp your salary.
he probably could got in a pepsi commercial or something if he asked nicely
even wiz khalifa has signature $300 dollar sunglasses and rolling papers, this guy needs to learn how to SELL OUT, its his only hope
pimp my ride
how df u have all dis money n dont pay yo taxes wat kinda shit he on muhfuckas stupid
he should offer to eat Beyonce out. I’m sure HOV would have him by then.
“Jews Jews Jews…. Jews Jews… JEWS!!”
“Jews Jews…”
AYO SON XZIBIT: Where you went wrong really was LEASING a Range for $2500 a month. DAWG REALLY?
Taxes aint nothin but leaglized extortion. Either you cut them (the government) in or they cut into yo ass and take EVERAY-THANG.
When will niggas learn? You handle yo business FIRST. Then you do yo playin afterwards.
Aint no fuckin way tha government gonna let ANYBODY pay $250 a month on over a million dollars! Dat nigga’ll be payin into the next century! What da fuck DAT nigga smokin on!?
“What’s the difference between me and you? About 5 bank accounts, 3 ounces, and 2 vehicles”
Guess we aren’t so different now
ha real talk!
LMFAO! I laughed for quite a while after I read this. You wrong man but hilarious. X is the shit though. Well… used to be.
This guy used to be one of the best rappers out. He’s never dropped a wack album. Look at him now..
Man this guy sucks ass. He can’t even spell exhibit. Get the fuck outta here with this homo rapper. All he raps about is the ABCs and his pink car. What a lame ass nigga. Listen to Gucci Mane, now that nigga is a lyrical god.
It’s Gucci Time!
obviously didn’t save any money during that period. He should have known something as gimmicky as Pimp My Ride wasn’t going to last.
the list goes on…all these stupid entertainers making all this money and not paying ur taxes… i feel no pity towards them. i wish i could make millions of dollars…i would be set…cvatz flossing with no real money..SMDH!!!
damn x.
nigga seen more money than i ever will. so im not crying buckets. but x fell the fuck off. not gettin movies, albums been trash. his production hasnt been right in like 10 years. but i thought homie was livin good. damn. but this news just got me wanting to spin paparazzi. they all wanna see you fall. this nigga dropped classic albums, hell always have my respect. get right x.
putting all the exact figures and xzibits personal business up on the site = not cool DX
FUNNY ITS MANILY BLACKS NOT PAYING TAXES…OBVIOUSLY YOUR BRAINS ARE NOT FULLY DEVELOPED
dam dumb ass nigga payin 2,230 for a range rover shudda just bought a navigator
I guess he never heard of an accountant? Or a financial advisor?
I mean i like X but come on dawg.
A site of shit that is posting personal information ..
The biggest culprit of this debt was MTV that failed to pay almost half a million to Xzibit ..
Go to hell “Hiphopdx.com”and all who hate Xzibit..