Nicolas Cage owes $6 million to the IRS | The Frugalista

Nicolas Cage owes $6 million to the IRS

by frugalista on August 4, 2009

220px-Nicholas_Cage_-_KirkWeaver Oh no! Not Nicolas Cage, too!  The Academy-award winning actor allegedly owes $6.2 million in unpaid income taxes. He's selling his Bel Air estate for $17 million. Just last year, Cage asked $35 million for the property. He is also selling his haunted New Orleans abode for $3.5 million.

Let's hope he can come out of this O.K. At least he is smart enough to sell off his property. Well, I hope he can sell it. Real estate isn't that hot these days.

Keep your head up, Nick! 
Do you like any of Cage's movies? Do you remember him in Fast Times at Ridgemont High? Do you think he bought too many houses? Will buying real estate ever be the cool thing to do again? 

Thank you, Natalie, for the tip!

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