Aspiring actor Nicolas Cage is looking to help settle his $6.5 million tax bill by suing his former business manager, Samuel Levin, for approximately three times that amount. According to NC, his road to financial ruin was a direct result of Levin’s rather bullish position real estate over the past couple of years. So now it’s time to pay up. But litigation takes time and the IRS is still learning that patience is a virtue which means Cage is going to have to part with some of the crown jewels of his collection.
As a result of the financial mismanagement, Cage has been “forced to dispose of significant assets,” according to the lawsuit. Among the properties on sale are three castles in Bavaria, Germany, and Bath and Somerset, England, as well as Dean Martin’s former mansion in Bel Air, Calif. Also on sale are novelist Anne Rice’s former home in New Orleans and a New Orleans mansion described as the “most haunted house in the United States.” Other properties on the block include homes in New York and Las Vegas, and a 132-foot yacht.
Nicolas Cage Sues Ex-Manager for Not Paying His Taxes [WebCPA]
he looks so constipated in that pic
@1, I believe the word you’re looking for is regal. As in, “He looks so regal in that pic.”
Andre Baptiste Sr.: They say that I am the evader of taxes, but perhaps it is you.
Nic: I believe it’s “tax evader.”
Andre Baptiste Sr.: Thank you, but I prefer it my way.
he looks so fivehead in that pic
colleague wonders if he should stick a shiv in Mr Cage and lowball the shit out outa his “crown jewels”
I’m sorry, but who needs that many homes! Then he claims that he didn’t know that he was over-spending!!!!!!
I am on the record as stating that I informed herr Mr.Cage that he required sound tax advice.
Count No Von Taxes
UBS, Private Client Group
0 strasse taxes nein danke
Switzerland 0000
East solution. Con Air 2!
Easy solution. Con Air 2!
@3 FTW^2
@6 true point but you are stating the obvious.
Movie stars (and Pop stars)have no clue how to control their spending. This (sad) story is as tired as Brittany Spears and will repeat itself time and time again. Sad but true.
That being said there are some notable exceptions, check out Bono or David Bowie’s finances, or Peter Gabriel. All are very wealthy people and the one unique factor, they are all actively involved in their finances.
Greg is more constipated in his writing than Nic can ever be in his rear.
Yea, he’s packed.
What a waste of a perfectly good story. I will weep tonight dreaming of what Bess could have done with this.
Is this a still from the new David Carradine biopic?
I don’t understand how this ‘story’ relates to business. I do understand why Greg would write about it (poorly).
t
He doesn’t look happy getting his H1N1 flu vaccine in that pic!
Can you bring me the gun of Rambo?
parts one , two , or three??
yacht is called “Sea Ghost” and is spent a good deal of time in NYC @ North Cove Marina this past year, just a friendly fyi
Nic “The Family Man” Cage: It’s an unbelievable thing. Wearing this suit actually makes me feel like a better person. I’m gonna buy it.
Tea Leoni: It’s $2,400. Are you out of your mind? Come on, let’s go.
Cage: She got those shoes. Those shoes were $25.
Seriously, how did it get burned?
this sucks / i hate greg / etc
Think Lisa Marie will take him back?
#24, “Think Lisa Marie will take him back?”
Take who back? Nicholas Cage or Greg? I didn’t know Greg and LM had ever had a thing….
Good time to go on a bender in Las Vegas with Elizabeth Shue.