Baldwin Busted! Actor Stephen Baldwin owes $350,000 in state taxes

Stephen Baldwin – Big Brother is watching you!

Baldwin in Big Trouble!

The younger brother of 30 Rock star Alec Baldwin was arrested today on charges of tax evasion for failing to pay three years of state income tax — totaling more than $350,000, according to authorities.

“At a time when Rockland County and New York State face severe fiscal shortfalls, we cannot afford to allow wealthy residents to break the law by cheating on their taxes,” said Rockland County District Attorney Thomas Zugibe, according to a report by NY daily News. “The defendant’s repetitive failure to file returns and pay taxes over a period of several years contributes to the sweeping cutbacks and closures in local government and in our schools.’

If convicted of the felony charge, Baldwin (you may remember him from such films as “The Usual Suspects”…or you may not remember him at all) faces up to four years in prison.  Interest and penalties for the years 2008, 2009 and 2010 were added to Baldwin’s tax tab but thankfully the 46-year-old resident of Upper Grandview, N.Y was arraigned and subsequently released on his own recognizance, pending a Feb. 5, 2013 appearance.

Baldwin’s big bro Alec commented on the arrest Thursday on Piers Morgan Tonight, claiming that his baby bro spent money that should have been put aside, but insisted that it was no different than what millions of others do.

“We’re talking about him being arrested and taken into custody and what have you…this was all prearranged with the D.A. for him to go in and make an appearance,” Alec said on the show, before concluding that he doesn’t believe his brother will go to jail but his name was definitely dragged through the mud throughout Thursday’s ordeal.

“And they’ve got to shake him down, and they’ve got to make him walk that gauntlet because that’s their procedure, even though steps have been made to begin the process of remediating that money and down payments have been made.”

Stephen’s not the only actor with tax problems.

A federal tax lien was filed against America’s favorite redhead by the IRS this year after Lindsay Lohan reportedly failed to pay taxes on her 2009 and 2010 earnings, totaling around $140,203.30

Earlier this year, actor Nicholas Cage forked over $6.25 million to the IRS to help pay off his taxes (although it’s reported he still owes somewhere near $7 million).  Hmm, does anyone see a National Treasure 4 coming out?

Number one on our list is Wesley Snipes (…since when did this become a countdown?) The Blade actor was indicted in 2006 on eight counts of tax fraud.  Although a jury acquitted Snipes of federal tax fraud and conspiracy charges, he was convicted on three misdemeanor counts of failing to file a tax return. He is currently serving year two of a three-year prison sentence.

Article by NM Lorde

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