Even years after his shocking death, Michael Jackson is worth more than $1 BILLION — and the taxman wants his share!
The IRS, which came up with the mega amount, is set to sue the Michael Jackson Trust for a whopping $702 MILLION!
Tax agency lawyers claim the trust owes the government a big bill for back taxes and penalties.
But shockingly, the Jackson estate insists the King of Pop’s name and likeness aren’t worth much — so the tax bill is bogus!
The trust priced the Thriller star’s image at measly $2,105 — because scandalous stories about the singer have devalued Michael’s legacy.
Ironically, Michael’s own daughter, Paris, recently added to the scandal — charging her dad was murdered and, as The ENQUIRER revealed, prompting calls for his body to be exhumed!