Xzibit Owes Nearly a Million Dollars in Taxes
Sad news for people who like image macros: Xzibit, the man who won hearts everywhere on MTV’s Pimp My Ride when he heard you like X so he put X in your Y so you could f(X) while you f(X), reportedly owes more than $959,523 in federal taxes.
He’s already filed for bankruptcy twice, but the IRS dismissed both of those filings.
The bankruptcy filing provides rare insight into the volatile fortunes of an entertainer. In 2007, he earned $497,175 starring in “Pimp My Ride.” But after the show was canceled, his income plummeted to $67,510 in 2008, according to court records.
Also, this is surprising: Even while he was hosting Pimp My Ride, he didn’t actually own a car, but rather leased a Range Rover for $2,230 a month.
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