Beanie Baby Founder Facing Prison Because He Only Paid Some $1 Billion In Taxes, Should Have Paid $1.0055 BillionChris | InformationLiberation
Jan. 03, 2014
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Ty Warner, the man behind the beanie baby phenomenon who made headlines last year for gifting a woman seeking a stem cell treatment $20,000 after she gave him directions when he was lost, managed to dodge some $5.5 million in taxes by hiding a portion of his income in a Swiss bank account.
After being ratted out, the U.S. government now wants to imprison him for some 46 to 57 months.
In his plea to avoid jail, he noted he's paid almost a billion in taxes. Of course, that's not enough--it's never enough. They don't just want our money, they want our lives.