Nicolas Cage Owes the IRS Millions in Back Taxes

Cage owes $6.3 in back taxes

It seems living the good life has caught up to Nicolas Cage.

The actor apparently owes more than  $6.3 million to the IRS in back taxes. Cage has two liens against his many properties, one for $6 million, for unpaid taxes from 2006-07, and the other for $350,000 for unpaid taxes in 2002-04.

Why were his taxes so high in 2006-07? He had two hit movies that year, Ghost Rider and National Treasure: Book of Secrets. He had to have made an assload of cash as they were both hits. It seems all those elaborate homes across the world finally devoured his wallet.

About the time the $6M lien was being put on his properties he started selling.

Cage has already sold a 16th century castle in Germany and a $6M home in Bath, England. He also is letting go of his neighboring $10M castle in Bath. [Below]

The estate features an orangery, a former priory, two cottages, a ruined chapel, and comes with 35-acres of parkland and 12 acres of woodland. Viewed from above, Midford Castle resembles the trefoil design of the ace of clubs – which folklore says was the card Henry Disney Roebuck won the fortune that funded the building of the property in 1775.

How cool would that be, to live in a castle? I can’t blame him for being into the history of these buildings and all, but geeze, he owns a castle in damn near every country – and many states for that matter. (Cage is also selling estates in California, Las Vegas, and New Orleans.)

He obviously has a rough time living within his means. He wants the best possessions, and he wants all of them. Funny, he is kind of the same way with wives..

[Photograph: CelebrityHomePhotos.com]