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Michael Phelps’ estimated worth is around $50 million — so, by our math, he should be able to afford the $20K he owes the State of California. But alas, like a Michael Jackson legal bill, the debt remains unpaid.According to a tax lien filed last …

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1. Michael Phelps Owes California K Back Taxes Olympic gold medalist Michael Phelps owes the State of California ,000, a paltry sum compared to his reported million wealth. A tax lien filed last year against the power swimmer is said to be left unpaid. According to the lien filed last year and obtained by TMZ, the 24-year-old athlete owes ,289.16 for tax returns [...]...
2. Michael Phelps 8th Gold: Will Michael Phelps get his eighth gold? Michael Phelps 8th Gold. In a few hours Michael Phelps comes up on his run for his eight Gold medal in the Summer Olympics. Do you think he will be able to get this eighth gold medal and hit his record, and the best in the world. There is no other person that has ever [...]...
3. Michael Phelps 100m Butterfly-Phelps 7th Gold-Micheal Phelps 100 fly Michael Phelps 100m Butterfly Gold! Can you believe it? He was not in medal position on the turn, and he miraculously comes back and takes the gold. Phelps 7th Gold comes from winning by 1/100 of a second! That is faster than lightning strikes! He did not win it by a hair, Michael [...]...
4. Nicolas Cage Has ,330,372.80 Problem Nicolas Cage has been slapped with more financial problems. According to a new federal tax lien filed in December, the “National Treasure” star owes another .7 million on top of his .6 million unpaid tax debt. According to the document obtain by TMZ, Cage, 46, owes the IRS ,712,821.99 for 2008. He is also being sued [...]...
5. Nic Cage — Six Million More Tax Problems Filed under: Celebrity Justice, Exclusives TMZ: Nicolas Cage got an expensive New Year’s gift from Uncle Sam — a bill for $6.7 million in MORE allegedly unpaid back taxes.According to a federal tax lien filed on December 31, 2009 — Cage owes $6,712,821.99 in unpaid taxes for 2008.According to … Read more ...

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