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Street's debt - breaking it down

T.MILTON STREET says he will do a better job than Mayor Nutter in running the city's affairs, from balancing the budget to crafting new contracts for city workers. But Street's personal and professional finances have been his undoing for nearly a decade.

T.MILTON STREET says he will do a better job than Mayor Nutter in running the city's affairs, from balancing the budget to crafting new contracts for city workers.

But Street's personal and professional finances have been his undoing for nearly a decade.

He owes  $1,141,741, including:

$413,704
to the IRS for unpaid taxes from 2002 to 2004 on $3 million in income. The terms of his release from federal prison requires Street to pay the government $100 per month. At that rate, it will take Street 344 years to pay off that debt. Not to worry. Street, who lives on Social Security, says he will make larger payments when he is able. "It's the right thing to do," he said.

$345,000 to New Jersey, which lists Street as one of its top 100 individual tax scofflaws. But Street is moving down in the rankings. He was 15th on the list in 2007 and 55th on the list as of October. That isn't because Street made any payments. It's because more people who owe more money have been added since then.

$388,037 to Philadelphia, which successfully sued him for back taxes in 2007. Street did not respond to the lawsuit. Before the ruling, Street sent the city solicitor a letter threatening "to sue you and the Street administration" for telling the Daily News he owed delinquent business taxes. The Street mentioned in his letter was his younger brother, then-Mayor John Street. *

— Chris Brennan