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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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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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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