June 01, 2008
![AcePartisan[1].jpg](http://rhymeswithright.mu.nu/archives/images/AcePartisan[1].jpg)
It initially appeared to simply be a case of his tax-avoidance shell corporation failing to pay a relatively paltry amount -- $2269.50
New York State has issued a tax warrant against Keith Olbermann for failure to pay taxes on his humbly named personal corporation, Olbermann Broadcasting Empire, Inc. Olbermann is listed in legal records as the President of Olbermann Broadcasting Empire, Inc.A call to the Albany County Clerk's Office in upstate New York confirmed that the warrant is still outstanding and that Olbermann has still failed to pay his back taxes. State records show that Olbermann's company failed to pay $2,269.50 in state taxes. A judgement was entered against Olbermann last summer (Docket Date: 8/21/2007), just weeks before Olbermann closed on a a luxurious $4.2 mm condo at Trump Palace, at 200 East 69th Street.
By the way -- you've just gotta love the name of the tax-dodging corporation -- Olbermann Broadcasting Empire, Inc.. I wonder, would that make him Emperor Keithius Smallpenius of the Olbermann Broadcasting Empire?
![olbermann[1].jpg](http://rhymeswithright.mu.nu/archives/images/olbermann[1].jpg)
But it turns out that there may be a reason for setting up the corporation -- some personal tax issues that go back several years.
A search of records in New York State turned up another Judgement against Keith Olbermann - this one for Keith personally not his "Empire" shell corporation). The Judgement was filed on 7/27/2000 for $21,565.California records show yet another judgement - this one for a whopping $77,425 - which was filed on 9/21/2001. I guess Keith's professed patriotic fervor in the wake of 9/11 had cooled by the time his tax bill was due. This one was filed in Los Angeles County. Records indicate that Keith was finally got around to resolving the matter four months later.
All together Keith's tax warrants and judgements now exceed $100,000.
How do you miss a $77K tax payment? That is more than most Americans make in a year. But at least he seems to have paid it. It remains unclear, though, whether Olbermann ever made good on that other $21K of money owed to the government. Makes me wonder if the Olbermann Media Empire is really nothing but a way of protecting his assets from those personal judgments.
UPDATE: While MSNBC tried to spin Olbermann out of this one, it now appears that Emperor Keithius Smallpenius has in fact had $150K in tax leans against him or his shell corporation over the last 9 years.
H/T Newsbusters
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Posted by: Robert Lewis at Wed Jun 11 00:41:19 2008 (GAf+S)
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