Nicolas Cage in tax trouble (again), this time for unpaid gift taxes
Apparently the guy, in addition to being in every movie known to man, is super-generous and gifted more than $1.8 million to people between 2004 and 2009. One problem: He failed to pay the taxes (Federal law requires a 35 percent tax be paid on gifts over $13,000).
Cage blamed his former tax manager for the $14 million in unpaid taxes he owed as of 2010. He failed to sell his Bel Air mansion at auction and ownership eventually reverted to the foreclosing lender.
Maybe there is a method to the guy's madness -- "Drive Angry 3D" and "Season of teh Witch" salaries will surely make a dent in what Cage owes the IRS.