Swizz Beatz has broken his silence on his alleged tax woes. In an interview with BET, Swizz said the reports about him owing over $2 million in federal taxes and $100,000 in New York taxes are “ridiculous.”
“First and foremost, I don’t have no tax issues. And if I have a $100,000 tax issue then I’m in serious trouble,” he quipped. “I’m not really going to speak, but everyone will see what it is. At this time I don’t feel no need to speak, but the facts are the facts and the people who put it out there, they’re going to have to retract that due to the facts.”
He admitted that he had tax troubles in the past but he vehemently denies the current reports. “That would be ridiculous if I owed $100,000 in taxes. That’s a flight from L.A. to New York. And if I can’t do that, then I’m doing the wrong thing. Not to say that I never had tax issues — yeah in ’06 — but it happens,” he continued. “But 2012, ’11, ’10, whatever, I don’t owe no taxes and that’s what it is.”
Swizz also urged anyone that is skeptical to do some research and see the paper for themselves. “There’s documents and records that prove all of that stuff and they’ll see that to,” he said. “I don’t have a problem with sharing that, because our people need to learn how to do homework before they judge. And there’s been a lot of things that I’ve been taking on the chin … but it’s like, ‘how much are you not going to speak about?’”
TMZ has obtained the tax documents and according to them, the producer has paid off his debts and doesn’t owe the government anything. The report also claims one of Swizz’s reps told TMZ that Swizz has paid off everything.