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Sharpton has Obama, big Dems to thank for generous 71% raise, but he’s still behind on taxes

Sharpton DeBlasio
Photo via The Yeshiva World.

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Al Sharpton‘s cozy ties with President Obama and New York City Mayor Bill de Blasio are making him even richer.

The controversial reverend’s National Action Network raised $6.9 million last year which resulted in Sharpton giving himself a 71 percent raise.

He made $241,545 in 2013. In 2014 that number grew to a whopping $412,644 which included a $64,400 bonus, according to tax filings obtained by the New York Post.

The Post noted that much of that extra income is attributed directly to his relationship with the big shot Democrats as the group earned $2 million more in 2014 than the previous year.

In April, four months after his pal de Blasio took office, some 5,000 people attended NAN’s 2014 conference headlined by Obama and attended by the mayor, Gov. Cuomo and then-US Attorney General Eric Holder. It was NAN’s biggest fund-raiser of the year.

In October, a few months after Sharpton’s summer of police protests, he pulled in a reported $1 million at his 60th-birthday bash. Pols and dignitaries rushed from the annual Al Smith Dinner hosted by Timothy Cardinal Dolan that same night to the NAN fund-raiser at the Four Seasons restaurant.

Some of the funds can be attributed to donors like AT&T, Verizon, McDonald’s and Walmart All of whom were featured in the program at National Action Network’s 2014 fundraiser that featured Obama.

Despite the big raise Sharpton doesn’t seem to be in a big rush to pay back any of his back taxes, the Post reported.

NAN didn’t pony up its last installment on the $780,145 it owed the IRS for unpaid payroll taxes until this Oct. 22, the organization’s financial statements show. The nonprofit had racked up unpaid payroll taxes since at least 2003, according to public records.

Sharpton, meanwhile, still has outstanding tax liens of $3.4 million, including money he owes personally to both New York state and the IRS, and taxes owed by his businesses, according to public records. He paid off one federal lien, for $931,398, in April.

Sharpton has maintained that he owes much less money than records reflect and that he has been chipping away at the bills through payment plans.

Carmine Sabia

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