Days after the above video was made it was being reported the IRS had made a demand on the MJ Estate executor for a payment in excess of $700 MILLION, the two Johns, Branca and McClain were notified if they wanted to challenge the demand they must do so by filing in the Tax Court. John Branca did indeed dispute the demand, but he blocked out all the dollar amounts(obviously to conceal from the fans/advocates) nevertheless the IRS fiiled an “Answer” with nothing blocked out accept the SSN. Through this filing we were able to see exactly how much Michael Jackson’s debts really were at the time Michael passed away, you are not going to believe this!!!
So Michael debts (according to Branca) stood at $28,236.071(28.2 million) the IRS say the debt is actually $12,252, 591(12.2 million) its a looooooooong way from HALF A BILLION!! what did you expect from a man Michael fired for embezzlement, a man AEG bought back into the fold on 17th June(Michael left a note on his mirror “John Branca is to have NOTHING to do with my business affairs”)
Read More BRANCA(MJ Estate) Caught “Low-balling” the IRS – COURT DOCS! http://www.teammichaeljackson.com/archives/9659