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Manny Pacquiao prefers Mexico over Vegas for tax $aving$

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  • #11
    Originally posted by Vito Corleone View Post
    35%?..when you add that to the 40% he already pays to promoters, the illiterate Filipino congressman would really be screwed.
    Hey i wouldn't laugh too much. It still beats the pay you get for flipping burgers 8 hours a day 5 days a week.

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    • #12
      Originally posted by Vito Corleone View Post
      35%?..when you add that to the 40% he already pays to promoters, the illiterate Filipino congressman would really be screwed.
      and floyd doesn't pay 35% on his fight this year?

      that's the tax rate for the amount of income they are taking in.

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      • #13
        Originally posted by Xeraser View Post
        No wonder how come 60% athletes get bankrupt after their career is over.
        floyd was having cars repo'd & getting hit with irs tax liens DURING HIS PRIME EARNING POWER.


        what's gonna happen when he's retired from the sport for 10-15 years?


        he doesnt stand a chance of not being broke.


        pac has politics, movies, commercials, music, & businesses to make money. floyd has no outs.

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        • #14
          Originally posted by Xeraser View Post
          No wonder how come 60% athletes get bankrupt after their career is over.
          they go bankrupt because of their spending habits.

          believe it or not some of these guys who make millions a year live paycheck to paycheck.

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          • #15
            Originally posted by Left Hook Tua View Post
            they go bankrupt because of their spending habits.

            believe it or not some of these guys who make millions a year live paycheck to paycheck.
            andre blatche just to name one of the many.

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            • #16
              Originally posted by Buck Nasty View Post
              floyd was having cars repo'd & getting hit with irs tax liens DURING HIS PRIME EARNING POWER.


              what's gonna happen when he's retired from the sport for 10-15 years?


              he doesnt stand a chance of not being broke.


              pac has politics, movies, commercials, music, & businesses to make money. floyd has no outs.
              Floyd could always suck off Ellerbe for a few bucks when his own cash dries up.

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              • #17
                Holy ****ing uncle sam.....35%???? I would never fight in the U.S. Now I see why Floyd and Pac take tax cuts into deep consideration.

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                • #18
                  Originally posted by Equinox View Post
                  Holy ****ing uncle sam.....35%???? I would never fight in the U.S. Now I see why Floyd and Pac take tax cuts into deep consideration.
                  rates vary depending on how much you make.

                  it's not 35% for everyone.

                  35% is the highest tax bracket and it's for those who make over around $350k that year.

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                  • #19
                    Maybe all of them should start fighting in Mexico.

                    Heck, NBA and their millionaire players should move their operations down to Mexico for the entire season, to save on Taxes.
                    ....

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                    • #20
                      Originally posted by Buck Nasty View Post
                      floyd was having cars repo'd & getting hit with irs tax liens DURING HIS PRIME EARNING POWER.


                      what's gonna happen when he's retired from the sport for 10-15 years?


                      he doesnt stand a chance of not being broke.


                      pac has politics, movies, commercials, music, & businesses to make money. floyd has no outs.
                      hahahaha oh man thats ****in funny DD pacquiao doesnt know **** about politics he's dumb and illiterate !! moovies DD aight perhaps if he goes to **** industry you *******s r gonna watch some of tha **** D music .... haha thats just gay ! listen to his singing what a ****in disgrace.philipinos wont spend their last cents on a music cd and no one outside phillipines would buy that **** business.. he's too dumb for that. meanwhile we all know that mayweather is his own boss, richest boxer in 2010 ! woop

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