Broker Check

Interesting Fact (Elvis Presley)

January 28, 2021

In 1973, Elvis Presley was the top taxpayer in the country. His manager, Colonel Parker, was in the U.S. illegally and went to great lengths to stay off the government’s radar, including, allegedly, encouraging Elvis to overpay his taxes in order to not attract additional government scrutiny. It is reported that one year Elvis paid 91% of his income to the IRS. -Legacy.com