[Gossip] Nicolas Cage Pays Back Some Of His IRS Debt
Posted by Jeremy Thomas on 12.12.2010
Cage is inching out of debt…
Nicolas Cage has paid off a bit of the heavy debt he owes to the IRS. TMZ reports that Cage has paid $360,545 to the IRS for taxes he still owes from 2002 to 2004.
It's just the tip of the iceberg, though—Cage owes a total of around $14 million for unpaid taxes and fees from 2002, 2003, 2004 and 2007. He blamed his former business manager for the situation and said the man had driven him to to "financial ruin."