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US Senator Jim Justice agrees to pay over $5m in long-overdue taxes

US Senator Jim Justice agrees to pay over $5m in long-overdue taxes

Summary

Senator Jim Justice of West Virginia has agreed to pay over $5 million in taxes that he owed since 2009. He reached the agreement with U.S. tax authorities shortly after being sued for not paying these taxes. The settlement includes paying the full amount along with additional interest.

Key Facts

  • Jim Justice is a U.S. Senator and former governor of West Virginia.
  • Justice agreed to pay over $5 million in taxes he owed from 2009.
  • The agreement came after a lawsuit from U.S. tax authorities.
  • The taxes were initially assessed in 2015, and Justice described the assessment as "politically motivated."
  • Justice's wealth reportedly fell from $1.9 billion in 2021 to less than zero by 2025.
  • His family is dealing with other financial issues, like $1.4 million in liens for unpaid sales taxes related to their resort.
  • The IRS has filed more than $8 million in additional liens against Justice and his wife for unpaid personal taxes.

Source Information