Nowadays Will Smith He is recognized as one of the biggest stars in Hollywood, in addition, he is one of the actors who has a huge fortune, however, just before he agreed to work in ‘The Prince of Rap’, the actor was in a difficult economic situation , which caused him to lose a large part of his salary.
Will Smith made his acting debut in 1990 when he starred in ‘The Prince of rap‘, a series that became a huge success, and that today is remembered as one of the most important productions in the history of television, for which it generated large profits for NBC, but not for the actor .
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It is important to note that before starring in this iconic series, Will Smith had already achieved success in the world of music in 1988, when he won the Grammy for the song ‘Parents just don’t understand’, it was at that moment when the young man artist began to earn a large amount of money.
In the late eighties, a young and inexperienced Will Smith began to spend his gigantic income derived from his musical success, however, the mistake of the future star was not thinking about taxes, which led him to have a large tax debt with the United States government.
The consequences of Will Smith’s tax debt
For that reason, it should be noted that, when he started ‘The Prince of Rap’ in 1990, the actor lost a large part of his salary since the US government kept 70% of each check that Will Smith received during the first three seasons of the film. In addition, comic series to recover back taxes, much of his assets were seized.
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It is important to note that Will Smith’s financial problems began before ‘The Prince of Rap’, so the actor bet everything on this comic series, and we all know, the result he obtained, since it was his grand entrance to the world The filming also catapulted him into the film industry, where he demonstrated his potential as a star.
There is no doubt that the times were adjusted for Will Smith, since if he had not found himself in that difficult financial situation in the late eighties, perhaps he would never have been the protagonist of ‘The Prince of Rap’, and the public was he would have lost one of the best talents that have been seen in recent years.
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