Young Thug Reportedly Owes Nearly $176,000 in Taxes
Rappers…entertainers…pay your taxes! According to court documents, Young Thug owes the state of Georgia $176,000.
It started with an $87,000 tax bill and it has grown because of penalties for non-payment. The original taxes are from 2014.
The Georgia Department of Revenue is now reportedly putting more pressure on Thug, warning the rapper that his property and assets will be seized if he doesn’t cough up the six-figures.
News of Thug’s tax lien arrives less than a month after he won a $365,000 legal battle against an Atlanta-based jewelry company. The plaintiff, Icebox Diamonds & Watches, sued the rapper for allegedly failing to pay off several pieces, including a $30,000 Rolex and a $20,000 Cartier bracelet. Icebox claimed Thug owed the store $115,090 for the items, as well as an additional $250,000 in punitive damages and legal fees. According to The Blast, a judge closed the case after Icebox dropped all its claims against Thug.
