Dame Dash Owes 2.8 Million Dollars In Back Taxes! IRS Put a Lien on Assets!

Damn Damon it is hard to see how such a smart business man could be in such desperate times.

The government has put a tax lien on Dash’s assets and he has lost multiple properties in the process.

Dame Dash Responds to Magna Holy Grail! (Video) 

I feel bad to see this happen. Meanwhile Jay Z is beyond rich. Jay Z brought out Dash and Kareem for 25 million for Roca-fella clothing. However Jay Z sold it for over 200 million and still has shares in the company. This is truly a fall of a dynasty.

TMZ reports

Damon Dash probably wishes he still had Jay-Z on speed dial … because the cesspool of debt he’s wading in just got worse … he’s been slapped with a $2.8 MILLION TAX BILL. 

Dash — who co-founded Roc-A-Fella Records and Rocawear with Jay — has been open about the fact that he’s drowning in debt … despite the fact that at one time he was half-king of a multi-million-dollar business. 

Now, his financial problems have worsened. Uncle Sam filed a federal tax lien against Dash, claiming he needs to cough up some un-paid tax cash for the years 2005 and 2011. The breakdown: 

2005: $2,614,918.10
2011: $187,544.20

Grand total: $2,802,262.30 … i.e. a whole lotta cheddar. 

The 2005 bill is clearly larger … which makes sense considering Hov and Dash parted ways back in 2004 — meaning in 2005, he was probably still raking in some major-taxable bucks. 2011 … not so much. 

FYI — Dash has said he owes millions in back taxes to the State of NY and NJ and claims he’s lost multiple properties to foreclosure. 

Meanwhile, Jay … is still super rich.