Senator Jim Justice (R-W.Va.), who recently transitioned from a two-term governor to a U.S. Senator, is currently grappling with a federal tax lien from the Internal Revenue Service (IRS) totaling over $8 million in unpaid taxes. This revelation was reported by Politico on Saturday, highlighting a concerning financial situation for the senator and his wife, Cathy. The lien reportedly stems from unpaid tax obligations dating back to November 2015.
The IRS typically has a ten-year window to collect outstanding taxes, which means some of Justice’s oldest debts are nearing their statute of limitations. At 74 years old, Justice’s ascent to the Senate came after he succeeded Democrat Joe Manchin in a state that overwhelmingly favors Republican leadership.
Justice’s financial history is marred by challenges linked to his extensive business interests, which encompass coal, agriculture, and hospitality sectors. His family is known for owning the renowned Greenbrier Resort, alongside various coal enterprises that have encountered legal issues, including lawsuits related to unpaid penalties and regulatory breaches.
In 2023, the U.S. Department of Justice took legal action against several of Justice’s businesses due to unpaid mining fines. Earlier this year, an estimation by Forbes indicated that Justice’s business debts exceeded $1 billion, although he has publicly refuted claims of personal insolvency.
As of now, neither Justice nor the IRS has addressed the recent lien publicly. In previous statements, Justice has asserted that his companies are undergoing restructuring and that efforts are underway to resolve his financial difficulties.
Sources:
Discover more from News Facts Network
Subscribe to get the latest posts sent to your email.
