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

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  • Horus
    Greatest Of My Era
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    #131
    Originally posted by street bully
    That passing up a career high payday to avoid paying 35% in tax is ******ed and for morons. This is even more assenine sincethe taxes he pays next year will be even higher.
    Bully I agree, however you gotta undestand that the argument I giving is just one of many problems with this fight.

    Facts about Mayweather and Taxes
    • He doesnt like to pay them
    • He has had the Irs come after him on back taxes as recently
      as 2009.
    • He might know something we do not know.


    I mean if you look at taxes as a whole, The federal income tax is the government's largest source of revenue something like $900 billion is made off of income tax. I didnt even talk about capital gain taxes, and etc.
    I mean we do not know what kind of **** Floyd is doing this year to make taxes easier on him next year. I mean there has to be a valid reason as to why we are hearing the tax argument because it keeps poping up from alot of people around Mayweather, most recently Floyd sr.

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    • Deevel916
      Undisputed Champion
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      #132
      Originally posted by Horus
      Bully I agree, however you gotta undestand that the argument I giving is just one of many problems with this fight.

      Facts about Mayweather and Taxes
      • He doesnt like to pay them
      • He has had the Irs come after him on back taxes as recently
        as 2009.
      • He might know something we do not know.


      I mean if you look at taxes as a whole, The federal income tax is the government's largest source of revenue something like $900 billion is made off of income tax. I didnt even talk about capital gain taxes, and etc.
      I mean we do not know what kind of **** Floyd is doing this year to make taxes easier on him next year. I mean there has to be a valid reason as to why we are hearing the tax argument because it keeps poping up from alot of people around Mayweather, most recently Floyd sr.

      So not liking to pay taxes is an excuse? WHO DOES???

      Facts are facts! U make money on the books, you pay the taxes. There's absolutely no way around it.

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      • Horus
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        #133
        Originally posted by Chups
        You mean he has a problem writing a check for 42 million instead of 23 million TWICE.

        ??

        Oh Horus stop it already. Even if will save a few hundred thousands or a million in the process, it's not worth of an excuse not to fight Pacquiao.
        Look man, I wasnt even going to address your post because I know it is just going to lead to flaming.. However I could not let this line go.

        "Even if will save a few hundred thousands or a million."

        My dude I do not know what kind of money you make, but if you could wait 5 months for a deal and save a a few hundred thousands or a million dollars..
        Would it not be smart to do so?

        My whole point is this argument has some validation, and it some not be Completely dismiss.

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        • Don Mac
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          #134
          WAKE UP

          Its all crap from Mayweather camp, more excuses.. PBF always duck fighters until they get beat (ie Cotto) so they can say he was no good - then cherrypick

          They hoped Pac wd lose to Cotto or Hatton or Clottey but it hasnt happened lol

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          • Xeraser
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            #135
            Originally posted by Horus
            Bully I agree, however you gotta undestand that the argument I giving is just one of many problems with this fight.

            Facts about Mayweather and Taxes
            • He doesnt like to pay them
            • He has had the Irs come after him on back taxes as recently
              as 2009.
            • He might know something we do not know.


            I mean if you look at taxes as a whole, The federal income tax is the government's largest source of revenue something like $900 billion is made off of income tax. I didnt even talk about capital gain taxes, and etc.
            I mean we do not know what kind of **** Floyd is doing this year to make taxes easier on him next year. I mean there has to be a valid reason as to
            why we are hearing the tax argument because it keeps poping up from alot of people around Mayweather, most recently Floyd sr.
            Spin in anyway you want, Floyd will pay the taxes no matter what, either this year or next year and he may pay more next year. taxes is not an excuse why Floyd does not want to fight pacquiao.

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            • Horus
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              #136
              Originally posted by Deevel916
              So not liking to pay taxes is an excuse? WHO DOES???

              Facts are facts! U make money on the books, you pay the taxes. There's absolutely no way around it.
              Why are stating the obvious?

              U said nobody likes paying taxes, ok I said that too..
              U said there is no way around paying taxes... actually there is...
              but that is for another thread..
              Last edited by Horus; 07-27-2010, 02:06 PM.

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              • Xeraser
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                #137
                Originally posted by Horus
                Look man, I wasnt even going to address your post because I know it is just going to lead to flaming.. However I could not let this line go.

                "Even if will save a few hundred thousands or a million."

                My dude I do not know what kind of money you make, but if you could wait 5 months for a deal and save a a few hundred thousands or a million dollars..
                Would it not be smart to do so?

                My whole point is this argument has some validation, and it some not be Completely dismiss.
                How can Floyd saved on his taxes. he will pay the same percentage no matter what.

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                • Jim Jeffries
                  rugged individualist
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                  #138
                  Originally posted by Horus
                  Look man, I wasnt even going to address your post because I know it is just going to lead to flaming.. However I could not let this line go.

                  "Even if will save a few hundred thousands or a million."

                  My dude I do not know what kind of money you make, but if you could wait 5 months for a deal and save a a few hundred thousands or a million dollars..
                  Would it not be smart to do so?

                  My whole point is this argument has some validation, and it some not be Completely dismiss.
                  Except when waiting 5 months will cost you 2 to 3 million more.

                  You're about as right on this one as you were about a boat being a good investment.




                  But hey, don't lets facts or reality get in the way of your argument.

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                  • Chups
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                    #139
                    Originally posted by Horus
                    Look man, I wasnt even going to address your post because I know it is just going to lead to flaming.. However I could not let this line go.

                    "Even if will save a few hundred thousands or a million."

                    My dude I do not know what kind of money you make, but if you could wait 5 months for a deal and save a a few hundred thousands or a million dollars..
                    Would it not be smart to do so?

                    My whole point is this argument has some validation, and it some not be Completely dismiss.
                    Well according to the accountants over here. Floyd won't be saving at all. Next year is when the Bush cuts expires. He will lose more money. But I guess you ignored that.

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                    • Horus
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                      #140
                      Originally posted by Jim Jeffries
                      Except when waiting 5 months will (could) cost you 2 to 3 million more.

                      You're about as right on this one as you were about a boat being a good investment.




                      But hey, don't lets facts or reality get in the way of your argument.
                      there u go.

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