MC Hammer Loses Appeal To Erase $800K Tax Debt according to report.
MC Hammer has lost his lengthy battle to have an $800,000 tax debt erased from nearly 20 years ago. The decision follows an unsuccessful appeal from the “U Can’t Touch This” rapper in which he claimed the debt should be erased.
“To come back after the fact and assert claims after millions of dollars have been paid out by creditors from which these claims have been paid in full, is the misconduct the USA committed,” the rapper said.
An appeals court decided earlier this month that a recent government lawsuit against Hammer was legitimate and free of misconduct while also clearing the IRS of any wrongdoing in the rapper’s bankruptcy filing. MC Hammer’s total outstanding IRS debt of $798,033.48 stems from not paying taxes on his income in 1996 and 1997.
MC Hammer took to social media let his fans know he will not allow satan to have the victory.
For the record, Hammer doesn’t plan to give in and pay up. He told a loyal fan that he plans to let his lawyers do their thing to get everything settled.
.@savvyfatty Let the lawyers do their thing. It'll be settled. No crying in the big leagues. Play Ball. 👊🏾
— MC HAMMER (@MCHammer) December 23, 2015