- MC Hammer
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MC Hammer was at one point in time the biggest rap artist on the planet. Now two decades later, MC hammer is probably more famous for his financial troubles. It was reported by TMZ that Mr. “U Can’t Touch This” owes the IRS $1.4 million dollars for penalties and interest on the 1996 tax delinquency.
MC hammer filed for bankruptcy in 1996 and thought to have cleared his $7 mil dollar debt when he paid in 2007. MC hammer feels that the IRS is out to get him and has filed legal docs asking a judge to block the IRS from collecting.