That isn't dehydration that has Mayweather looking grim..
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why dont they freeze his bank account until he pays? My Mom had her assets frozen by the IRS after my mom got a huge settlement and now she has to pay taxes on it and the IRS wont give her money back until she pays.Comment
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Sin,It's his financial status.
Only an idiot would think that losing 5 mil ain't hurting Floyd.. It isn't like he is losing a few pennies.. He is losing 5 million! 5 million is 5 million, regardless of how much money you have, it hurts. Not to mention the amount of money he lost on ***els (8 million).. that's 13 million dollars right there.
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Do you own a home?Comment
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What you dummies don't seem to understand is Money Mayweather makes upwards of 20 mill per fight. You really think the PPV king is worried about taxes? In a weeks time after he beats pee-pee mouth he'll have an extra 8 figures in his bank account. I think that should pretty much take of any "financial problems" you claim he's facing.Comment
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One reasons is lawyers. Mayweather's not your mom's.Comment
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Nah, he will have to fight well until middle age. Especially when he is spending and paying (IRS) faster than he can earn it.What you dummies don't seem to understand is Money Mayweather makes upwards of 20 mill per fight. You really think the PPV king is worried about taxes? In a weeks time after he beats pee-pee mouth he'll have an extra 8 figures in his bank account. I think that should pretty much take of any "financial problems" you claim he's facing.Comment
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The current income tax rates for IRS are 35% for Mayweather's income.
So .35(20 million - 5 million automatic penalty) =$5.25 million automatically, unless he has to pay additional income tax on the purse (i.e. 2009 income tax on the current income) which in that case would be $7 million. Either way you slice it, that's a huge chunk of change.
Anybody else find it interesting that Mayweather took out a loan on a $600,000 car which he then defaulted on? That should have been chump change to him.Comment
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