If you are the 8th richest Actor in the world with a net worth of $38 million you might want to pay attention to your finances. Perhaps maybe you think you are a big shot and don’t have to pay taxes. Either or Nicolas Cage is in some hot water financially! Recently Mr. Cage has been trying to unload several of his houses including his castle in Germany for $1.6 million(he spent three times that on renovations)to help pay his $6.26 million in unpaid taxes. But wait it doesn’t stop there no-no. the I.R.S. has just filed a second lien for back taxes going as far back as 2002! That brings our total to a whopping $6,617,500.84 and some prison time. Great career change go from making $20 million a movie (National Treasure) to laundry duty in prison or worse! Unfortunately his financial woes don’t end there! Cage is also being sued for $2 million for breach of contract from the East West Bank. The bank extended a line of credit to Mr.Cage in August of 2007 he agreed to pay $11,590 a month. Well, according to bank records he forgot to pay May, June, July, August, and September of this year. He better hope for a National Treasure sequel.
