Sunday, September 18, 2005

Share Cropper

Reporting on the meager earnings for the Willie Nelson led musical charity called Farm Aid, the Chicago Tribune says;
"To compare, (Neil) Young has also been involved in putting on annual concerts for the Bridge School in Hillsborough, Calif., which helps individuals with severe speech and physical impairments. That concert in 2003 brought in $1,160,115, of which $76,040 was considered expenses and $1,084,075 was considered net income. Thus the Bridge School Benefit Concert spent approximately 6.5 percent of its money on expenses; Farm Aid spent 84 percent."
One of the objectives of Farm Aid is to provide financial advice to family farmers. By now, those wishing to aid family farmers should have been alerted to Mr. Nelson's unique ability to make money disappear. In 1990 the IRS billed Nelson $16.7 million in back taxes.

UPDATE: Neil Young remembers it differently.

3 Comments:

Blogger Millbrae Morty said...

Millbrae Morty sez the amazing thing is that Willie Nelson was able to pay off the whole $16M debt to the IRS in 3 years. Kee-rist!! Now there's a money machine.

3:15 PM  
Blogger Bob said...

Willie Nelson paid off his debt by making an album where all profits when to the IRS. The album was called 'The IRS Tapes: Who'll Buy My Memories?' Apparently they had no interest in his biodiesel fuel 'BioWillie'.

5:05 PM  
Anonymous Anonymous said...

Wille Nelson has done more good opening his guitar case than all the bad you've done on this blog entry. Wake up and smell the kindness,Bob.

1:18 AM  

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