03/19/2008 12:44:53 PM

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MICHAEL JACKSON - JACKSON'S BROTHER DENIES NEVERLAND SALE

Michael Jackson
Caption: Over a thousand lots of goods linked to Michael Jackson and the Jackson family are expected to fetch millions of dollars when the two-day sale opens at the Hard Rock Hotel and Casino on Wednesday Las Vegas, Nevada ....

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LATEST: MICHAEL JACKSON's brother JERMAINE has denied the singer's Neverland Ranch was ever for sale - insisting the property would go on the market "over my dead body". The California estate was reportedly scheduled to be sold off if Jackson failed to pay $24.5 million (GBP12.25 million) he owed in property taxes by 19 March (08). The Thriller hitmaker was believed to have saved his home by agreeing a deal with an investment group that will allow him to retain ownership. But Jermaine has insisted the property was never under threat. He tells TMZ.com, "It's very simple. It's not for sale. Not over my dead body. It's not for sale." And when asked if the property would be sold if it went into foreclosure, he added, "That's a myth."


03/19/2008 12:44:53 PM


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Naida Click for more info (2)

posted on 26/03/2008 04:26


comments:

I just wondering, why he can't pay for his Neverland Ranch, is Michael have not enough money to pay it.? His rich and famous, and a lot of friends, fans, and his family Support him all the way.. But for whatever reason, I still Like him.. I just wish that he wont change his attitude, and be contented for what he have, and just be himself. And i hope soOn, he go for another Concert, here in Philippines.! Cheers!! Mwuaaaaaahhh!!!!!




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jammy'sdad Click for more info (2)

posted on 26/03/2008 05:16


comments:

Making a fortune and having one are two different things. The relationship of how money is spent to what is coming in determines whether or not one has financial difficulty... even to those who have made lots of money. I saw something on CNN or some such that told of some financial institution backing Michael Jackson on his continuing hold on the property. That is all well and good... but unless Mr. Jackson has enough continuing income, now that he has shut himself off from the world, to pay for whatever it costs him to live in other countries as well as to maintain the estate and pay taxes, Michael's brother's words are nothing but words unless he or others are willing to pay if Michael does not. This is not a matter of talent or anything else but paying, as any other American would be expected to do, in taxes on real and/or personal property. Many once famous personalities have found them selves in the same situation.







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