January 30, 2023

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Kanye West says US tax officials are threatening him with jail time for a $50 million debt

Kanye West says US tax officials are threatening him with jail time for a $50 million debt

Yesterday, Kanye West was a guest on right-wing podcast Timcast IRL. There, he said on the broadcast that US tax authorities had frozen $75 million in four of his bank accounts.

He found this out yesterday morning when his financial team warned him that he still owes a large amount of tax. “I’m talking about actually finding out this morning that they’re trying to put me in jail,” Kanye explains. “But I found out — well, so they froze, and they had $75 million in four of my accounts.”

“Then they said, you have to pay a lot of taxes. It took me six hours to figure out how much. A lot — it was — well, about $50 million,” he says. He continues his story and then explains it
He’s not the best in finance, but he’s still checking with the CFOs of his other companies, and if not paying taxes, he’s evading taxes.

“So now I have — I’m really learning how to run a company. I’m learning how to really count,” says Kanye. “I don’t even know where to put the money.”

In the podcast, Kanye also talks about plans to buy his own bank and wonders if he could run for president from prison. Watch the clip below:

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