Deadbeat: (Noun) A person who tries to evade paying debts.Oh wow, what a surprise: A story about how Kevin Federline is a loser. Apparently the failed rapper owes $14,371 in back taxes through his production company, and I don't know where he's gonna get that money from unless he knocks up Miley Cyrus.
Federline's company, Gooseneck Productions Inc., was set up to handle his "artistic" endeavors, which included the much-maligned tune "PopoZao" and the poor-selling 2006 CD "Playing with Fire."
Federline's finances came into focus last year during a custody battle with Spears. Aside from strip club bills and fancy clothes, court records showed his production company spent $841,129 and made only $544,075. (Source)
The most shocking part of this story is that K-Fat's production company made over $500,000 last year. How the fuck did that happen? Did he start selling his sperm or something? Now that would actually be the best idea he's ever had. Kevin Federline's sperm bank: Impregnation guaranteed or your money back. Well, not really. He already spent it on a solid gold pimp cane.