Bruce Springsteen: A tax-dodging farmer
And, when he’s not busy being all that… he’s a tax-dodging liberal hypocrite worth over $200 million who pretends to be a farmer to save hundreds of thousands of dollars on his property taxes that would have otherwise funded the welfare programs he pretends to care about.
That’s right. Mr. “Union Man, Blue Collar” Springsteen is a total fraud, as I explain in my brand-new book Hollywood Hypocrites: The Devastating Truth About Obama’s Biggest Backers.
Recall that Springsteen actively campaigned for Obama in 2008, hosting free concerts that attracted tens of thousands of people in key battleground states. Springsteen’s song, “The Rising,” became a campaign staple for Obama’s speech venues and culminated in him playing for Obama’s Inauguration. And this time around, the White House plans on using the aging rocker’s new politically-motivated track, “We Take Care of Our Own,” to warm up crowds as the re-election bid kicks into high gear.
So does The Boss live by the same prescriptions he and Obama wish to inflict on the rest of America?
Consider the following.
In 2011, perhaps wanting some local free press, Springsteen decided to write a letter to the editor of his town’s newspaper. In response to an article about tax cuts and aid to entitlement programs, the Boss wrote in to praise the piece for being “one of the few that highlights the contradictions between a policy of large tax cuts, on the one hand, and cuts in services to those in the most dire conditions, on the other.”
Furthermore, Springsteen wrote, “your article shows that the cuts are eating away at the lower edges of the middle class, not just those already classified as in poverty, and are likely to continue to get worse over the next few years.” Then, with his well-honed “everyman” touch, he signed the letter along with his oh‑so-common-man-sounding town name, “Colts Neck.”
A year earlier, the Boss echoed similar concerns while emphasizing his support for Obama’s constant naggings to tax the rich.
“The biggest problem we have now is almost 10 percent unemployment, but we also have the disparity of wealth,” Springsteen told London’s Sunday Times. “You can’t have an American civilization with the kind of disparity of wealth we have. It will eat away at the country’s heart and soul and spirit.”
Now, all this would be just fine and dandy. But there’s one small problem with Springsteen’s anti-tax-cut posturing: the man is a first-rate tax evader.
Bruce Springsteen pays over $138,000 a year in taxes for his three-acre home in Colts Neck, New Jersey. He owns another 200 adjoining acres. But because he has a part-time farmer come and grow a few tomatoes (organic, of course) and has horses, his tax bill on the remaining 200 acres is just $4,639 bucks. Do the math. By being a fake farmer, the working-class zero Springsteen is making a mint by robbing New Jersey of the antipoverty program funds he says they desperately need.
“I think it is unfair to our other property taxpayers that if you are a fake farmer, and that you don’t legitimately farm, that you are getting a property tax break and forcing your neighbor to pick up your tab,” said state senator Jennifer Beck. “That was not the intent of the law. It’s a violation of the public trust.” When Fox 5 New York reporter Barbara Nevins Taylor asked a lawyer for the trust that owns Springsteen’s land to comment on the Boss’s lucrative fake-farming tax breaks, predictably, the lawyer had no comment.
The tax loophole comes from the New Jersey’s Farmland Assessment Act of 1964. Originally the provision was created to help preserve agriculture in New Jersey. To qualify for the tax break, landowners must own at least five acres of land and produce just $500 a year in goods in order to qualify. Anyone who can meet those minimum standards can reduce their farmland tax bills by an astounding 98 percent.
Now, no conservative begrudges anyone—not even a die-hard Obama Zombie like Bruce Springsteen—from lowering their tax burden by taking full advantage of every tax break available to them. That’s legal and fine. But for a guy who makes hundreds of millions pretending to be a guardian of the working class, and who vocally supports Obama’s attempts to tax the rich at higher rates, to then turn around and utilize obscure tax loopholes to pocket hundreds of thousands of dollars that would otherwise go to his beloved social programs . . . well, that’s just flat-out Hollywood hypocrisy.