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Thread started 10/01/16 8:01am

slvrhrt7

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How many org members are there? and would you help with PP taxes?.

How many STRONG purple army memebrs are there. I always thought there were about 100k of us who are harcore, dedicted and down till the end. I'm only wonderign beacuse lets just assume that each of us put in $5 a year we could have about 500k to that can go towards PP taxes....if it was thought that the palce may go under, etc.

Just thinking out loud.

Thoughts

"May U live 2 C the Dawn"
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Reply #1 posted 10/01/16 8:06am

Kara

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Reply #2 posted 10/01/16 8:25am

Morningstarlet

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I think PP is able to pay the taxes without fans volunteering. But if it came down to fans volunteering how long would people actually stick to it? Have you ever tried getting just 12 people to agree on something and follow through? It's a sweet idea but not realistic.
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Reply #3 posted 10/01/16 9:03am

TrivialPursuit

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Why would we pay his taxes? I got enough issue supporting my own ass. This was brought up before, and it's just a ridiculous idea. An Orger actually sent $25 to the state toward PP's tax bill. Insane. The problem is that Prince was notorious for not paying his bills on time, or at all.

There was an article in the mid-90s in the Pioneer Press called "Purple Drain", and it was a huge spread of Prince's unpaid bills and taxes, right down to the husband and wife team (and older couple) who made those canes he used around 93-95. Unpaid. Robert Borm and his Point Of View Films, who filmed & produced stuff like Gett Off VHS, 3 Chains O' Gold, Sexy MF, and more went bankrupt because Prince filmed so much stuff, (which most of the crew referred to as "his home movies" because he just filmed everything and didn't release even 5% of it). Prince never paid Borm properly for it. Not even close.

Prince ain't never hurt for money, despite reports to the contrary. He owned property, made bucks off concerts, record sales (when they still sold records), advances, and more. Paisley Park can pay its own damn taxes. I'm keeping my $5. If someone wants to do something for Prince, take that $5 and donate it. Give it to a homeless person who you typically ignore outside McDonalds or at that traffic light coming out of the grocery store parking lot.

Michael Jackson's estate was deep in debt when he died (way worse than Prince's estate). But with sales postmortem, the whole estate paid off its debts and was in the black within a year or two. They're selling off a lot of Prince's property and land, which will generate a wad of cash to put toward tax bills. In fact, money from those sales will probably go to the taxes by default, before any left over is seen in Paisley Park's bank account.

Unfortunately, a pop start's death is good for business.

Sorry, it's the Hodgkin's talking.
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Reply #4 posted 10/01/16 11:22am

phatphuk



slvrhrt7 said:



"...lets just assume that each of us put in $5 a year we could have about 500k to that can go towards PP taxes..."





Capital idea! {no pun intended}



I hereby voluteer to be our treasurer!



Everybody should just funnel deposit your $5 into our joint Swiss bank account, using these details...






Account Holder: phatphuk MooseMeat rodríguez
Bank Address: Credit Suisse, Zürich-Paradeplatz 8, 8001 Zürich, Switzerland
IBAN #: CH93 0076 2011 6238 5295 7






Then just leave the rest up to me ;¬)



    “Sometimes People Don't Want To Hear The Truth Because They Don't Want Their Illusions Destroyed” — Friedrich Nietzsche 
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Reply #5 posted 10/01/16 12:07pm

Doozer

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The estate has access to every news outlet in the world by just picking up the phone or sending an email. If money was an issue, you can bet we'd know about it.

Prince's life-work is left in their hands. There should be no problem at all packaging together new albums, studio and live, or concert streams/Blu-ray/TV specials to generate revenue and continue growing interest. The possibilities for generating income are limitless.

Find a charity to give your money to if you have extra laying around - even one of the nonprofits that Prince himself supported. The estate doesn't need donations. It's sitting on a treasure trove of revenue generating material that just needs to be sorted through. Buy it when it surfaces.
Check out The Mountains and the Sea, a Prince podcast by yours truly and my wife. More info at https://www.facebook.com/TMATSPodcast/
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Reply #6 posted 10/01/16 12:18pm

Mumio

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Not this again shake As others have said, donate that money to something for those that really need it, a food pantry is a great idea.

Welcome to "the org", Mumio…they can have you, but I'll have your love in the end nod
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Reply #7 posted 10/01/16 12:32pm

slvrhrt7

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OK OK i get it, just a question. I much rather raise money and see PP as a music school for kids....and i do like the idea of a food bank.

I guess my origianl quedtion should have been how true solid fans are there left
"May U live 2 C the Dawn"
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Reply #8 posted 10/01/16 12:37pm

Mumio

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slvrhrt7 said:

I guess my origianl quedtion should have been how true solid fans are there left

hug Legions. Legions is the answer to your question nod

Welcome to "the org", Mumio…they can have you, but I'll have your love in the end nod
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Reply #9 posted 10/01/16 1:48pm

FUNKNROLL

.

Taxes aside - how many members are on the org? I've always want d to know.
Thanks

.
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Reply #10 posted 10/01/16 2:19pm

phatphuk



slvrhrt7 said:



"...I guess my origianl quedtion should have been how true solid fans are there left..."





Can I ask you a question please?



What are the criteria for distinguishing "true solid fans" from, say, false gaseous fans?



    “Sometimes People Don't Want To Hear The Truth Because They Don't Want Their Illusions Destroyed” — Friedrich Nietzsche 
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Reply #11 posted 10/01/16 2:25pm

Kara

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phatphuk said:





slvrhrt7 said:






"...I guess my origianl quedtion should have been how true solid fans are there left..."









Can I ask you a question please?





What are the criteria for distinguishing "true solid fans" from, say, false gaseous fans?





lol lol
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Reply #12 posted 10/01/16 2:43pm

Revolution

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I've always said that he has around 100,000 ride or die fans. Those who will buy anything that is released. Always. Thats a million dollars just from the sale of music every year. Enough to pay taxes. They need to get creative if they want to generate real money. And there are too many middle men involved now.
Thanks for the laughs, arguments and overall enjoyment for the last umpteen years. It's time for me to retire from Prince.org and engage in the real world...lol. Above all, I appreciated the talent Prince. You were one of a kind.
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Reply #13 posted 10/01/16 2:54pm

gollygirl

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TrivialPursuit said:

Why would we pay his taxes? I got enough issue supporting my own ass. This was brought up before, and it's just a ridiculous idea. An Orger actually sent $25 to the state toward PP's tax bill. Insane. The problem is that Prince was notorious for not paying his bills on time, or at all.

There was an article in the mid-90s in the Pioneer Press called "Purple Drain", and it was a huge spread of Prince's unpaid bills and taxes, right down to the husband and wife team (and older couple) who made those canes he used around 93-95. Unpaid. Robert Borm and his Point Of View Films, who filmed & produced stuff like Gett Off VHS, 3 Chains O' Gold, Sexy MF, and more went bankrupt because Prince filmed so much stuff, (which most of the crew referred to as "his home movies" because he just filmed everything and didn't release even 5% of it). Prince never paid Borm properly for it. Not even close.

Prince ain't never hurt for money, despite reports to the contrary. He owned property, made bucks off concerts, record sales (when they still sold records), advances, and more. Paisley Park can pay its own damn taxes. I'm keeping my $5. If someone wants to do something for Prince, take that $5 and donate it. Give it to a homeless person who you typically ignore outside McDonalds or at that traffic light coming out of the grocery store parking lot.

Michael Jackson's estate was deep in debt when he died (way worse than Prince's estate). But with sales postmortem, the whole estate paid off its debts and was in the black within a year or two. They're selling off a lot of Prince's property and land, which will generate a wad of cash to put toward tax bills. In fact, money from those sales will probably go to the taxes by default, before any left over is seen in Paisley Park's bank account.

Unfortunately, a pop start's death is good for business.

yeahthat

Thank you Prince for every note you left behind 💜
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Reply #14 posted 10/01/16 4:23pm

AnonymousFan

I'd gladly give much more than $5 to the estate if need be.

Also, why would I give $5 to a homeless person when I can give it Prince's estate - something worthwhile and material.

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Reply #15 posted 10/01/16 5:03pm

Iamtheorg

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hi Tyka wave

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Reply #16 posted 10/01/16 6:39pm

StopIt

Stop with the lie (with this number of attorneys, staff, administrators, executors, and now at least 1 established corporate entitity at the helm (GH),) that there are any concerns about an absurd estate tax bill to fret over.

Do not worry about having to do their job for them, that has been fully-funded. There are many options on paying such a "tax bill", but that is not at all what any of this is about.

The Londell related stuff, on the other hand, I'd put no faith in the competence of that, regretably.


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Reply #17 posted 10/01/16 6:45pm

SENNISS

Wow, some people are really funkin' stupid.

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Reply #18 posted 10/02/16 8:53pm

HatrinaHaterwi
tz

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How many org members are there? I have no idea! shrug Would I help with PP taxes? Hell no! Because I've already done so, when Prince was alive and living there. That is no longer the situation-- so as far as I am concerned-- my loyalty and obligation is done. However, I think I could see myself parting with my hard earned cash at this point and time for nothing less than very good quality LIVE video footage of Prince concerts throughout the years. bored2

I knew from the start that I loved you with all my heart.
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Reply #19 posted 10/02/16 8:57pm

purplethunder3
121

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I've got my own debts to pay, thank you.

"Music gives a soul to the universe, wings to the mind, flight to the imagination and life to everything." --Plato

https://youtu.be/CVwv9LZMah0
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Reply #20 posted 10/02/16 11:37pm

rap

slvrhrt7 said:

How many STRONG purple army memebrs are there. I always thought there were about 100k of us who are harcore, dedicted and down till the end. I'm only wonderign beacuse lets just assume that each of us put in $5 a year we could have about 500k to that can go towards PP taxes....if it was thought that the palce may go under, etc.

Just thinking out loud.

Thoughts

No.

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Reply #21 posted 10/03/16 5:21am

laurarichardso
n

TrivialPursuit said:

Why would we pay his taxes? I got enough issue supporting my own ass. This was brought up before, and it's just a ridiculous idea. An Orger actually sent $25 to the state toward PP's tax bill. Insane. The problem is that Prince was notorious for not paying his bills on time, or at all.

There was an article in the mid-90s in the Pioneer Press called "Purple Drain", and it was a huge spread of Prince's unpaid bills and taxes, right down to the husband and wife team (and older couple) who made those canes he used around 93-95. Unpaid. Robert Borm and his Point Of View Films, who filmed & produced stuff like Gett Off VHS, 3 Chains O' Gold, Sexy MF, and more went bankrupt because Prince filmed so much stuff, (which most of the crew referred to as "his home movies" because he just filmed everything and didn't release even 5% of it). Prince never paid Borm properly for it. Not even close.

Prince ain't never hurt for money, despite reports to the contrary. He owned property, made bucks off concerts, record sales (when they still sold records), advances, and more. Paisley Park can pay its own damn taxes. I'm keeping my $5. If someone wants to do something for Prince, take that $5 and donate it. Give it to a homeless person who you typically ignore outside McDonalds or at that traffic light coming out of the grocery store parking lot.

Michael Jackson's estate was deep in debt when he died (way worse than Prince's estate). But with sales postmortem, the whole estate paid off its debts and was in the black within a year or two. They're selling off a lot of Prince's property and land, which will generate a wad of cash to put toward tax bills. In fact, money from those sales will probably go to the taxes by default, before any left over is seen in Paisley Park's bank account.

Unfortunately, a pop start's death is good for business.

He was late paying his property taxes a few years ago but did pay them. If he did not pay them at all he would have lost his properties instead of sitting on 50 million dollars worth of Real Estate.

In addtion, I never saw anything in the news that said he owed back income taxes. The problems in the 90s seemed isolated to that time and we never heard of anything like that since then. You can also go into the Carver County website and see lawsuits against him going back to that time and all were resolved.

If you read the court documents Breamer is stating that Prince had a vast entertaiment empire so I doubt he was that bad of a businessmen. All of the financial aspects of his estate have been sealed by the court so we will never know what investments he had outside of his real estate empire but I am sure they are substantial.

Taxes can also be paid installments and as long as the goverment knows revenue is forthcoming they are not going to swoop him and seize anything they know they will get the money.

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Reply #22 posted 10/03/16 5:41am

hw3004

slvrhrt7 said:

How many STRONG purple army memebrs are there. I always thought there were about 100k of us who are harcore, dedicted and down till the end. I'm only wonderign beacuse lets just assume that each of us put in $5 a year we could have about 500k to that can go towards PP taxes....if it was thought that the palce may go under, etc.

Just thinking out loud.

Thoughts

Why on earth would anybody want to do that?

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Reply #23 posted 10/03/16 6:41am

XxAxX

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that's a sweet idea. let's see if it's necessary in january 2017

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Reply #24 posted 10/03/16 6:56am

terrig

slvrhrt7 said:

How many STRONG purple army memebrs are there. I always thought there were about 100k of us who are harcore, dedicted and down till the end. I'm only wonderign beacuse lets just assume that each of us put in $5 a year we could have about 500k to that can go towards PP taxes....if it was thought that the palce may go under, etc.

Just thinking out loud.

Thoughts


GTFO.

I spent thousands upon thousands in my lifetime on Princes ART. The art will live forever in spite of whatever happens to his estate.

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Reply #25 posted 10/03/16 7:01am

Genesia

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lol

No.

We don’t mourn artists because we knew them. We mourn them because they helped us know ourselves.
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Reply #26 posted 10/03/16 8:53am

jasopig

Why the hell would I pay any estate taxes? Prince esta muerto. It would have taken about 45 seconds and a little 3M sticky that's made literally 15 miles east of Chanhassen, for him to ensure every dime went to a good cause. Granted, I'm a bleeding heart liberal and feel for the most part taxes are a good cause.... but the charity of his choice would have been a much better choice. If he didn't care about what happened to his money, why should I? Because Tyka? Don't make me spit my coffee all over keyboard.

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Reply #27 posted 10/03/16 9:23am

DarkKnight1

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Good lord, no.

That will get paid and plenty of people around Paisley Park and his family will make a lot of money for years and years to come off of the legacy of Prince and his music.

(Insert something clever here)
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Reply #28 posted 10/03/16 2:31pm

SquirrelMeat

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Iamtheorg said:

hi Tyka wave


Ouch!

.
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Reply #29 posted 10/03/16 3:53pm

CandaceS

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I bought a PP VIP tour ticket so I guess I'm helping out that way lol

Edit: Oops, maybe I WON'T be helping out that way!! eek confused

[Edited 10/4/16 19:45pm]

"I would say that Prince's top thirty percent is great. Of that thirty percent, I'll bet the public has heard twenty percent of it." - Susan Rogers, "Hunting for Prince's Vault", BBC, 2015
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