The Situation Makes Bail After Tax Evasion Arrest

After being arrested yesterday on charges that he failed to pay taxes on almost $9M in income and filed false returns with the IRS, The Situation made $250K bail along with his brother. I guess someone was willing to post a bond for them because they probably don't have any cash or collateral to do it themselves. As Lauryn Hill and Richard Hatch discovered, the IRS will send you to jail for not paying taxes. They especially dislike when it is a large amount and when you fail to file any return as The Situation chose to do more than once.

I know the first thing I thought of when he got arrested was if he made $9M then Snooki and Jwoww must be bathing in gold coins and Moet. It also sounds like The Situation blew most of his on stupid things and then tried to claim those stupid things as business expenses. He also managed to get paid cash without reporting it as income and used a variety of strategies to save taxes that probably would have worked if he had not become greedy with his brother and also actually told their accountants that they were paying personal expenses with corporate money.

Even more crazy than him making $9M is that The New York Times and Forbes wrote a couple of thousand words about the indictment and what it says for tax deductions moving forward.