Nic Cage is slowly climbing his way out of that MASSIVE debt he owes to Uncle Sam -- TMZ has learned the actor has PAID OFF $360,545 in back taxes he racked up from 2002 to 2004.
As we previously reported, Cage owed roughly $14 million to the government for unpaid taxes and fees for the years 2002, 2003, 2004 and 2007. Cage had blamed his former business manager for driving to "financial ruin."
But now, TMZ has obtained documents showing Cage has officially knocked out a small payment -- getting one teeny, tiny, itsy-bitsy baby step closer to being even-steven with the IRS.
Oh! TMZ! simply the most high quality media outlet on the net! I do so love your positive reporting and witty repartee! Wherever would the world be without it? How ever could celebrities cope without such a supportive and truthfully faithful and credible website in their lives?
Love and light to Nic, onwards and ever forwards. The transient can never replace the shining truth of a great spirit. Your true fans have discerning eyes and support you.
Not that I really know....but something tells me that Nic has paid off more of his debt than what has been reported here. It's highly possible that the press hasn't gotten their hands on news of previous payments and cripes....when it comes to someone's personal financial dealings with the IRS.....in my opinion they shouldn't!
Whatever the case.....I just hope Nicolas doesn't work himself into an early grave trying to pay off his debts. I'm proud of the fact that he went public and announced that he is working it off and from the amount of roles he's been doing back to back, he's obviously trying his best to do just that.
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"Love one another but make not a bond of love. Let it rather be a moving sea between the shores of your souls" ~~~~Khalil Gibran~~~~