Floyds "tax issue" for the year, for possibly not fighting in 2010?

Wow Phuck Floyd, Phuck Manny!!! I understand boxing is a business, but it's also entertainment, and I am not entertained right now... I don't give a sh8t about a millionaire talkign about losing millions, because if you are fghting for millions you are making millions... and Damn a catchweight, the division is 154, not 153,52, or 51... That division against Cotto was 147 not 146, 45 or so on...

Reed, what is wrong about asking the prosecution for consistency in their judgments, actions, and behavior? I do not see anything wrong with that.. unless you do not want to be consistence in this matter. which I can understand considering you will not lose any cool points for bashing on a person who routinely gets bashed on.. I expect more from you Reed.:nonono: lol see you in another thread man.., peace I don't want to bash you Horus, like I said.. we've chopped it up on the show, and I'm good with you. You turned a thread about Floyds taxes into me being a blind fan of Roy. I am consistent, I have gone against Roy 35x more than you have gone against Floyd. I can think of 10 specific situations just recently in which I thought Roy was wrong, and called him out on it. So it's not going to work. I'm done talking about, it has nothing to do with taxes and is irrelevant. Dead the thread.

Nah.... but nice try. What does a lawyer do when he has no case? He tries to discredit the witness as a person. Unfortunately for you, it won't work. I'm not being hypocritical, but you are trying to turn this around on me in order to distance the argument away from Floyds taxes. I don't follow all of Roys decisions blindily, I've gone against him countless times. Fail. Stay on topic or leave the topic. THanks for your time Horus, it's time to let others post in here. Reed, what is wrong about asking the prosecution for consistency in their judgments, actions, and behavior? I do not see anything wrong with that.. unless you do not want to be consistent in this matter. which I can understand considering you will not lose any cool points for bashing on a person who routinely gets bashed on.. I expect more from you Reed.:nonono: lol see you in another thread man.., peace

I address your point, however, you didnt address mines. Because if you would have address my point. We would be having a different discussion right now. :hitit: Stop trolling my thread.

Reed you know I just want you to be consistent..:cool2: lol and I am glad you have sense enough not to even go down that road because me and you ultimately knows where it will end. It will end with you contradicting yourself. Which would be illogical of you to do . Now I know you wouldn’t want to do that, because after all the stances you took on logic in this thread. You would seem alittle hypocritical and I dont think we want the people to see that. :cool2: Thats why you want to end this discussion now. If you accuse me of following Floyd blindly, then Reed guess what you following Roy blindly. Based on the fact you sympatric With some of Roy decisions even though they were illogical. Funny how your arguments can work against you.:cool2: Nah.... but nice try. What does a lawyer do when he has no case? He tries to discredit the witness as a person. Unfortunately for you, it won't work. I'm not being hypocritical, but you are trying to turn this around on me in order to distance the argument away from Floyds taxes. I don't follow all of Roys decisions blindily, I've gone against him countless times. Fail. Stay on topic or leave the topic. THanks for your time Horus, it's time to let others post in here.

Yeah, you argue your own shit too. The more he fights, the more he nets. Period. I address your point, however, you didnt address mines. Because if you would have address my point. We would be having a different discussion right now. :hitit:

This isn't about ROY... or about ME as a fan of Roy. Stay on TOPIC. This is about Floyds ILL excuse of "taxes" as to why he doesn't want to fight. You aren't going to turn the argument around on me. Sorry. Just leave the thread bro... you have nothing else to offer. Thanks and sianara. Reed you know I just want you to be consistent..:cool2: lol and I am glad you have sense enough not to even go down that road because me and you ultimately knows where it will end. It will end with you contradicting yourself. Which would be illogical of you to do . Now I know you wouldn’t want to do that, because after all the stances you took on logic in this thread. You would seem alittle hypocritical and I dont think we want the people to see that. :cool2: Thats why you want to end this discussion now. If you accuse me of following Floyd blindly, then Reed guess what you following Roy blindly. Based on the fact you sympathetic With some of Roy decisions even though they were illogical. Funny how your arguments can work against you.:cool2:

I think I agreed with the statement that the more he makes the more he will get taxed. Even though it is the same percentage. :hitit: Thats was not my point. You never address my point, you just keep arguing your point. and arguing your point. When you Address my point than maybe we can get somewhere. Yeah, you argue your own shit too. The more he fights, the more he nets. Period.

I like you as a person Horus, but your argument holds as much water as a pasta strainer. It doesn't matter how many words you use, how you highlight it or color it... or how much insanely terrible grammar you use. Nothing will change the fact that, he will pay the same percentage and more next year as opposed to this. Whether he makes 20 million, 100 million, or 625 billion... he is going to be taxed 35%. The more he fights, the more he will NET. I think I agreed with the statement that the more he makes the more he will get taxed. Even though it is the same percentage. :hitit: Thats was not my point. You never address my point, you just keep arguing your point. and arguing your point. When you Address my point than maybe we can get somewhere.

So are you telling me you never support a Roy Decision in his entire career that was illogical? :cool2: yes or no answer would be fine for that question..if you dont want to go into details This isn't about ROY... or about ME as a fan of Roy. Stay on TOPIC. This is about Floyds ILL excuse of "taxes" as to why he doesn't want to fight. You aren't going to turn the argument around on me. Sorry. Just leave the thread bro... you have nothing else to offer. Thanks and sianara.

No... I've called Roy a moron countless times. If I don't agree with something he says or does, I have no shame in making it vocal. So are you telling me you never support a Roy Decision in his entire career that was illogical? you only supported his logical decisions.. :cool2: yes or no answer would be fine for that question..if you dont want to go into details

Jesus H. Christ..... i used to tutor elementary kids when I was in high school and you remind me of a kid who inspite of explaining everything in simple terms, charts, pictures etc STILL could NOT understand basic division and multiplication..... wait, aside from Vivek W., are you the same Flomo who kept insisting that the last decade was Jan 1, 2000 to Dec 31,2010? :rofl: So u think Vivek W is an idiot?:nonono:

So Reed, let me ask you a question, be honest. How you ever supported one of Roy Jones jr decisions even though it was illogical? and If you have, was you following him blindly? :hitit: lol No... I've called Roy a moron countless times. If I don't agree with something he says or does, I have no shame in making it vocal.

1. How am I reaching, when I clearly based my argument around facts? 2. I can same the same about you 3. Because in this circumstance we can not say how the tax situation would effect him, because we dont have all the details. Based on the details we do have, and Mayweather past history. If one thing is true about this whole thing is that taxes do effect him. So I do not see how this case is any different. If you read all my response you would know, that I even admitted that arguments for his reasoning for taxes may very well backfire. If you read the whole thing you would have notice that. idiot, I am not. in the words of Rakim "don't sweat the technique" :hitit: I like you as a person Horus, but your argument holds as much water as a pasta strainer. It doesn't matter how many words you use, how you highlight it or color it... or how much insanely terrible grammar you use. Nothing will change the fact that, he will pay the same percentage and more next year as opposed to this. Whether he makes 20 million, 100 million, or 625 billion... he is going to be taxed 35%. The more he fights, the more he will NET.

Jesus H. Christ..... i used to tutor elementary kids when I was in high school and you remind me of a kid who inspite of explaining everything in simple terms, charts, pictures etc STILL could NOT understand basic division and multiplication..... wait, aside from Vivek W., are you the same Flomo who kept insisting that the last decade was Jan 1, 2000 to Dec 31,2010? :rofl: Great way to avoid the point, and great to not aknowledge you made a mistake in your last post by thinking I was talking in generalities. The point once again is dont completly dismiss the argument, because the argument does have some validation because it has commonality with people in our society. Do you understand that what I am trying to explain to you in the clearest terms possible is that ultimatley what Mayweather is doing very common if you apply the idea of it to everyday life. Shit I could write a list of illogical shit that we all day everyday, but guess what? it doesnt matter because People are not logical creatures. that is a fact!! So once again my whole point in this matter as it relates to taxes, something we all hate to pay which has been pointed out numerous things in this thread. Mayweather and his team have a valid argument what it comes to their distain of taxes that shouldnt be dismiss in a arbitrary way.

And as you have clearly indicated in this thread when discussing Floyd and taxes, is that not everyone thinks logically. And that's all I needed to hear from you. No, it isn't a valid argument. It's a valid argument to those who follow others blindly and will find some rhyme or reason as to why they are right. Comparing Floyds 40 million dollar paychecks to a guy making car payments :nonono: So Reed, let me ask you a question, be honest. How you ever supported one of Roy Jones jr decisions even though it was illogical? and If you have, was you following him blindly? :hitit: lol

Why are you reaching? Why are you defending just to defend? Why not just say, you're right... the tax situation really doesn't effect him? Because you defend blindly... and when you defend blindly, you look like an idiot. 1. How am I reaching, when I clearly based my argument around facts? 2. I can same the same about you 3. Because in this circumstance we can not say how the tax situation would effect him, because we dont have all the details. Based on the details we do have, and Mayweather past history. If one thing is true about this whole thing is that taxes do effect him. So I do not see how this case is any different. If you read all my response you would know, that I even admitted that arguments for his reasoning for taxes may very well backfire. If you read the whole thing you would have notice that. idiot, I am not. in the words of Rakim "don't sweat the technique" :hitit:

Great way to avoid the point, and great to not aknowledge you made a mistake in your last post by thinking I was talking in generalities. The point once again is dont completly dismiss the argument, because the argument does have some validation because it has commonality with people in our society. Do you understand that what I am trying to explain to you in the clearest terms possible is that ultimatley what Mayweather is doing very common if you apply the idea of it to everyday life. Shit I could write a list of illogical shit that we all day everyday, but guess what? it doesnt matter because People are not logical creatures. that is a fact!! So once again my whole point in this matter as it relates to taxes, something we all hate to pay which has been pointed out numerous things in this thread. Mayweather and his team have a valid argument what it comes to their distain of taxes that shouldnt be dismiss in a arbitrary way. And as you have clearly indicated in this thread when discussing Floyd and taxes, is that not everyone thinks logically. And that's all I needed to hear from you. No, it isn't a valid argument. It's a valid argument to those who follow others blindly and will find some rhyme or reason as to why they are right. Comparing Floyds 40 million dollar paychecks to a guy making car payments :nonono:

Great way to avoid the point, and great to not aknowledge you made a mistake in your last post by thinking I was talking in generalities. The point once again is dont completly dismiss the argument, because the argument does have some validation because it has commonality with people in our society. Do you understand that what I am trying to explain to you in the clearest terms possible is that ultimatley what Mayweather is doing very common if you apply the idea of it to everyday life. Shit I could write a list of illogical shit that we all day everyday, but guess what? it doesnt matter because People are not logical creatures. that is a fact!! So once again my whole point in this matter as it relates to taxes, something we all hate to pay which has been pointed out numerous things in this thread. Mayweather and his team have a valid argument what it comes to their distain of taxes that shouldnt be dismiss in a arbitrary way. Give it up Horus. Reed :owned: you already! Your argument is not valid, nor is it supported by any facts. All u need to know is that Floyd will NOT make more if he waits till next year to have this fight. That excuse has been debunked already! Call it a night.

Floyd should have just mentioned that he does not want to fight this year, he may or may not indicate that its for tax purposes though and not keep boxing fans in the dark..... BUT this excuse will still NOT have a lot of bearing because after $373,650 all of his earnings would be taxed at 35% irregardless if he makes $1 million or $1 billion..... the tax issue is still NOT a valid excuse I have seen people around here saying that if Floyd fights Pac in 2010... that his earnings for the fight... in addition to his earnings for the Mosley fight would push him into the next tax bracket. This would make Floyd want to wait until 2011, so that the Pac fight earnings do not push him into the next bracket, and he would pay a higher percentage. I myself am someone who has been saying this... After doing some research (because I am not a tax expert). There is actually a ceiling on the federal tax brackets.. In other words... once you make a certain amount per year... your tax percentage does not increase... should you continue to make more. Depending on what you make, you fall into a certain criteria.. such as follows: 10% - $0 – $8,375 15% - $8,376 – $34,000 25% - $34,001 – $82,400 28% - $82,401 – $171,850 33% - $171,851 – $373,650 35% - $373,651+ 35% seems to be the federal ceiling tax bracket. In addition, Nevada (where Floyd lives) Does not have State income Tax. With the Shane Mosley fight, obviously Floyd is already in this tax bracket, and it is my understanding that any additional income for Floyd (Pacquiao fight) would not push him into the next tax bracket... because another tax bracket does not exist. What I found on "millionaire tax bracket": What the discussion over the top marginal tax rate ignores, however (and what Ygelsias picks up upon) is that this rate has been assessed at very different thresholds of income. In 1940, for example, the top marginal tax rate was 81.1 percent -- but this rate only kicked in once you made $5,000,000 or more in income, which is equivalent to about $75,000,000 in today's dollars. But today, the threshold where the top tax bracket kicks in isn't $75 million, or $5 million, or even $1 million ... it's a mere $357,700(as of 2009, it was kicked up to $373,651 for 2010). The progressivity of the tax code stops there. http://www.fivethirtyeight.com/2009/03/missing-1000000-tax-bracket.html Your thoughts?