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Man Gets $172 Million Tax Bill

The Internal Revenue Service sent a $172 million tax bill to a man who worked as a day trader in New York for less than a year. Friends said Marcos Esparza Bofill, who has since returned to his native Spain, received a $172,101,056.48 bill for his unfiled 2006 tax return. Friends said Bofill was shocked because he wasn’t even making any money as a trader. A tax expert said the number was likely from the total amount of trades he made instead of the amount of profit he make from the trades, which is common for unfiled returns.

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