Toni Braxton – Musician – $539,485

Posted on June 1, 2015 by Tom Paine No Comments

Braxton, Toni Pic

Toni Braxton’s signature song is “Un-Break My Heart” but maybe it should be “Un-Pay My Taxes”. Braxton, no stranger to stiffing the Taxman, is still running out on her tax bills according to information uncovered by our researchers. Unfortunately for those of us that pay our taxes, Braxton’s tab is going up instead of down.

In 1993 Braxton sold over 10 million copies of her debut studio album on the way to becoming one of the best selling female artists of the 1990’s. Over the course of her career  she has sold over 66 million records. We don’t know what she did with the money but we can tell you what she didn’t do with it- pay her taxes. The 7 time Grammy winner was first hit with a tax lien in 2009 to the tune of  $396,330.

Braxton’s financial irresponsibility goes deeper than taxes. Braxton first filed for bankruptcy in 1998 with over $1 million dollars in debt. That may sound bad but it is nothing compared to her 2010 Chapter 7 bankruptcy when she claimed nearly $50 million in debts. In bankruptcy Braxton agreed to pay her creditors a total of $125,000 to resolve the $50 million in debts. Six months later she dropped $3 million on a new mansion Calabasas.

To cut Braxton some slack, it appears financial irresponsibility is Braxton Family Value. Vincent Herbert, Braxton’s brother in law and co-star on the reality TV show Braxton Family Values, was slapped with a tax lien for $3,325,107.70 in 2014. Ironically in 2011 Tamar Braxton, Toni’s sister and Herbert’s husband, said that paying your taxes was the best advice she ever received.

 

 

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