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Wednesday, January 30, 2008
What you call money, I pay more in taxes!!
Forced to divulge his financial expenditures as part of his ongoing divorce proceedings, the Heat's Shaquille O'Neal indicated in court papers recently he earns $1.8 million a month, but spends more than half of it on expenses.
According to court documents, he estimates he has $875,000 in monthly expenses, which includes $110,505 on monthly vacations; $60,417 on gifts; $23,950 on clothes, dry cleaning and laundry; $46,500 on child care; $24,300 on gas and oil for four vehicles; $12,775 on food; and $468,345 on three home mortgages. On top of that, O'Neal pays nearly $500,000 a month in income taxes. Full Story
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