Xzibit is the new MC Hammer

Old Dec 30, 2010 | 08:32 AM
  #1  
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Xzibit is the new MC Hammer



Alvin Joiner, a.k.a. Xzibit, a.k.a. recursive Internet meme guy, owes nearly $1 million in delinquent federal taxes. His excuse for not paying them? The cancellation of Pimp My Ride. Seriously.

The rapper-turned-actor-turned-host-turned-tax-evader has declared bankruptcy twice since 2009 and had both bankruptcies dismissed according to Tax Watchdog. Halfway through last year he had assets of approximately $739,433 but owed more than $1.4 million.

His claim that cancellation of the show that made him famous is behind his financial problems doesn't appear to be entirely untrue, as his records indicate he made $497,175 for headlining Pimp My Ride in 2007 and the next year, after the show was canceled, only made a paltry $67,510.

The most interesting revelation from his tax records? He didn't own a car while hosting the show. He was leasing a 2006 Range Rover for $2,230 a month. Bad Xzibit, imagine what the guys in the shop could have done with a 1986 Range Rover you bought for $2,230.
http://jalopnik.com/5720753/xzibit-p...yline=true&s=i

His name is Alvin?
Old Dec 30, 2010 | 11:34 AM
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haha I don't know how these guys are so bad with money. The worst case is probably Nicholas Cage. He was earning like 30 million a year and it still wasn't enough.
Old Dec 30, 2010 | 11:52 AM
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Blow is expensive.
Old Dec 30, 2010 | 12:53 PM
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Xzibit - Paparazzi

was so ill.
Old Dec 30, 2010 | 02:26 PM
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wtf
Old Dec 30, 2010 | 02:33 PM
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He tried to shove a finger or two up one of my chick friends' derriere. I guess he was looking for spare change?
Old Dec 30, 2010 | 03:38 PM
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^ Sounds like it
Old Dec 31, 2010 | 02:39 AM
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He's trying to bust a Wesley Snipes.

Old Dec 31, 2010 | 02:53 AM
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clearly, he forgot to diversify his bonds.

Old Dec 31, 2010 | 12:46 PM
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The gang banger-turned-drug dealer-turned-prisoner-turned-rapper-turned-actor-turned-host-turned-tax evader
Corrected
Old Dec 31, 2010 | 12:56 PM
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Leasing a range rover for $2200 per month. WOW talk about money to burn
Old Dec 31, 2010 | 10:26 PM
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Originally Posted by Krinkov
clearly, he forgot to diversify his bonds.

HA YES! perfect quote/picture
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