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Michael Jackson’s impact on music is undeniable. That statement is especially true if you separate his personal life issues from the music he made. Jackson was the first artist to have an album achieve multiplatinum status 30 times (Thriller). The cash flow was there but so was the IRS.
When Jackson passed away in 2009, reports said he owed nearly 500 million dollars, and his estate went bankrupt. Owing half of a billion in taxes is not the way you want to go out.
