Kanye West has opened up about why the Internal Revenue Service (IRS) froze his accounts. According to him on the Tim Pool podcast, he owed $50 million in taxes which pushed the IRS to freeze his accounts.
According to the Page Six;
Kanye West says the Internal Revenue Service has put a hold on four of his bank accounts because the rapper owes the federal government $50 million in taxes.
West, who has changed his legal name to Ye, made the revelation during an interview with right-leaning podcaster Tim Pool on Monday.
Ye bolted the interview on Pool’s “Timcast IRL” podcast after the host pushed back on the rapper’s latest anti-Semitic comments about alleged Jewish control of the media.
The rapper appeared on the podcast alongside white nationalist Nicholas Fuentes and controversial media personality Milo Yiannopoulos, who is now working for Ye’s presidential campaign.
Fuentes and Ye dined last week with Donald Trump at the former president’s Mar-a-Lago residence in Palm Beach, igniting outrage.
Before the contentious portion of the interview, Ye opened up about his finances.
The “Gold Digger” crooner, who appeared on the podcast to promote his 2024 presidential campaign, told Pool that his “finance people” told him he will “have to pay a lot of taxes.”
“I’m talking about literally finding out that they were trying to put me in prison this morning,” Ye said. “But I found out — okay, so they froze, they put a $75 million hold on four of my accounts.”
“And then they said, ‘You owe a lot of taxes.’ Took me like six hours to find out how much ‘a lot’ was,” Ye said.
“Well, it was around $50 million.”
During the interview, Ye acknowledged that he was “obviously not the most financially literate person on the planet.” He said he asked “different CFOs” who were tied to his businesses whether he is evading taxes.
“So now I’m having — I get to actually learn how to run a company. I get to learn how to, you know, to count, really,” Ye said.
“It’s like I didn’t even know where to put the money.”
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