January 27, 2010 9:10 AM

Nicolas Cage Owes Back Taxes on Mansion

By
CBSNews
(AP)  Actor Nicolas Cage owes roughly $128,000 in unpaid taxes on a mansion in Rhode Island.

Lynne Dible, finance director for the town of Middletown, says Cage is delinquent on property taxes from the last three quarters.

Nicolas Cage

The Oscar-winning actor sued his former business manager in October for $20 million, claiming the man's advice led him toward financial ruin. Records show Cage owes millions of dollars in unpaid taxes to the IRS, and the actor says he's had to sell numerous assets because of his finances.

Cage's ex-business manager, Samuel J. Levin, has countersued, saying Cage's lavish spending is to blame.

Cage's attorney did not immediately return a call seeking comment. The Rhode Island home is on the market for $12 million.

AP
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by wilbursandersjr January 6, 2010 9:05 PM EST
Tom Cruise stink too!
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