Is Pacquiaos fairy tale career headed for a tragic ending?

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  • Slyboots
    MarGODito
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    #31
    Originally posted by Gino Ros
    Can you please offer a specific example?

    This article was an editorial - not news*
    . Even the New York Times publishes opinions. I would invite you to read the many articles that Ben Thompson has written on this topic over the past few weeks. Those were news, and backed up with either sources or facts.

    Despite it being in the "news" tab. All of their articles are there for traffic purposes.
    Well if it's an editorial than that's different. But the part I was referring to was how he said that Pac's PR team have made him into this philanthropic God and people ate it up. If that was in a news article then that's just total biased journalism if I ever saw it. But it's ok, it's just an editorial....on the news section...

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    • el salsalero
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      #32
      Originally posted by Gino Ros
      He just sold a house to pay a ******** debt.
      Show us the link Gina.

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      • Kenny MF Powers
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        #33
        Originally posted by el salsalero
        Show us the link Gina.
        Not sure if Gino has something else, but a quick google came up with this...



        "MANNY Pacquiao may have lots of money but if reports are true, he is in danger.

        Rumors say he has lost a lot in ********. The amount was said to be a whopping P700 million which can already support hundreds of families.

        Is this ******** issue the reason why he’s giving up his Forbes Park home or is he rather much affected being denied as member of the prestigious The Manila Polo Club? Just asking…"

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        • Kenny MF Powers
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          #34
          And since the Pac squad likes to bring up family members, dont forget about this little gem...

          http://www.philstar.com/Article.aspx...bCategoryId=63

          "GENERAL SANTOS CITY, Philippines - Police arrested here yesterday 10 suspects in anti-******** operations after a raid at an outlet of the illegal numbers game “Last 2” that turned out to be the house of a sister of world boxing champion and Sarangani Rep. Manny Pacquiao.

          The raiding team seized a still undetermined amount of money wagers and various Last 2 ******** paraphernalia after the raid late yesterday afternoon on the strength of a search warrant issued by Judge Oscar Noel.

          The suspects were brought to the San Isidro Police Station, where Rep. Pacquiao followed and inquired what was going on.

          “Kung totoong mga tauhan ang mga to sa Last 2 at ang kapatid ko ang nagpapataya, hahayaan ko na ang pulis na magsagawa ng kaukulang hak**** (if it is true that the suspects are involved in Last 2, I will allow the police to do the right action),” Pacquiao told reporters.

          Pacquiao’s elder sister Isidra Paglinawan reportedly owns the house that was raided.

          Police regional director Chief Superintendent Felicisimo Khu has recently ordered a crackdown on outlets of the notorious numbers game Last 2, which is based on the daily winning number combination of the online lottery draws of the Philippine Charity Sweepstakes Office.

          The police action was prompted by public outcry over the proliferation of illegal ******** in the city and outlying areas in Central Mindanao.

          Illegal ******** operations reportedly rake in a minimum of P3 million in daily revenues."

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          • el salsalero
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            #35
            Originally posted by Kenny MF Powers
            Not sure if Gino has something else, but a quick google came up with this...



            "MANNY Pacquiao may have lots of money but if reports are true, he is in danger.

            Rumors say he has lost a lot in ********. The amount was said to be a whopping P700 million which can already support hundreds of families.

            Is this ******** issue the reason why he’s giving up his Forbes Park home or is he rather much affected being denied as member of the prestigious The Manila Polo Club? Just asking…"

            LMAO!!! You and Gina got it from the Showbiz Gossip Section?:

            What were you two up to lurking in the Gossip Section?

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            • Gino Ros
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              #36
              Originally posted by Kenny MF Powers
              And since the Pac squad likes to bring up family members, dont forget about this little gem...

              http://www.philstar.com/Article.aspx...bCategoryId=63

              "GENERAL SANTOS CITY, Philippines - Police arrested here yesterday 10 suspects in anti-******** operations after a raid at an outlet of the illegal numbers game “Last 2” that turned out to be the house of a sister of world boxing champion and Sarangani Rep. Manny Pacquiao.
              ******'s sister runs the numbers? That is some ****** ****.

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              • Gino Ros
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                #37
                Originally posted by Kenny MF Powers
                And since the Pac squad likes to bring up family members, dont forget about this little gem...

                "
                It's so much worse... Pac's whole family is a bunch of criminals:

                I know you don't speak Klingon, but you get the drift.:

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                • Kenny MF Powers
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                  #38
                  Originally posted by el salsalero
                  LMAO!!! You and Gina got it from the Showbiz Gossip Section?:

                  What were you two up to lurking in the Gossip Section?
                  Can you read? Im guessing you can at least a little bit since you replied to the post, just havent found google on your own yet I guess, or learned how to use it. Let me point something out for you.

                  "a quick google came up with this..." I wouldnt be on that site otherwise, google brought me to it.

                  Google is a pretty popular website. Its great. It is the doorway to a great deal of knowledge. All you have to do is search for your god damn self. Its quite simple actually.

                  Try this link for more info...

                  http://*******.com/crv8vv

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                  • Gino Ros
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                    #39
                    Originally posted by Kenny MF Powers
                    I know some of you arent gonna like this, but it makes for good conversation.

                    I apologize if its been posted already.

                    http://www.fighthype.com/pages/content10615.html


                    KP... check this out..OK? Tell me if this smells kosher to you:


                    BIR questions drop in Pacquiao's tax payment in 2009
                    abs-cbnNEWS.com
                    Posted at 12/14/2010 3:14 PM | Updated as of 12/14/2010 7:24 PM

                    MANILA, Philippines - What happened to eight-division boxing champ Manny Pacquiao's multimillion-dollar earnings in 2009?

                    This is the question on the minds of Bureau of Internal Revenue (BIR) officials upon learning that champion boxer paid only P7.41 million (approximately $168,918) in taxes for 2009 compared to P125 million (approximately $2.8 million) in 2008.

                    Pacquiao had two prize fights in 2009, both of which he won. The Filipino fighter knocked out British boxer Ricky Hatton in their May 2, 2009 fight and then followed it up with a TKO over Puerto Rican pugilist Miguel Cotto in November 14 of the same year.

                    In the Hatton fight, Pacquiao earned a reported $12 million for just 2 rounds of boxing. He also got an estimated $22 million for the Cotto fight, which included his fight purse and pay-per-view earnings.

                    In an interview, BIR Commissioner Kim Henares said the bureau was surprised that Pacquiao only ranked 113th in the list of top individual taxpayers for 2009, considering he had been topping the BIR annual list for the past years.

                    "Offhand, ang unang reaksyon namin ay bakit nagkaganito? Tinignan namin kung mayroong nag-iba sa 2008 at 2009. Wala naman kaming nakitang pagkakaiba. If there is no material difference or there is improvement, the tax should be the same or even higher. If there is a large discrepancy, we start thinking and we ask the taxpayer what happened and why their tax payment is so low," she told ABS-CBN's "Umagang Kay Ganda."

                    Meanwhile, Pwersa ng Bayaning Atleta party-list Rep. Miles Roces said the Pacquiao camp was also surprised by the steep drop in the boxer's tax payments.

                    "We were also surprised by the report. Very glaring yung disparity. The chief of staff ng office ni Manny na si Jeng Gacal looked into it and talked to the his accountants who said that his earnings from abroad have yet to be reflected. So the only thing reflected is his local earnings," he said in the same interview.

                    He said Top Rank boss Bob Arum is also in the country to clarify the matter of Pacquiao's income . "Hindi yata naipasok ng maayos. He also has taxes in the US that are still being fixed by the promoters...Once the money comes in , hindi maglalayo sa mga binayaran niya nung i**** taon," he added.

                    The BIR chief, however, questioned how Pacquiao could not have gotten his earnings in the Hatton and Cotto fights which were a year ago.

                    "I have a problem with the timing issue. He had two fights in 2009, the first was in May, the second in November. If he didn't get the money for the first fight after 9 months, then he should have sued and I haven't heard reports of him suing anybody in the US because of the earnings. So let's see if this is true," she said in a separate dzMM interview.


                    She said that since Pacquiao is not a US citizen, the prizes should already be taxed before the money is given to him. She noted that the US Internal Revenue Service is much stricter in imposing taxes.

                    "I'm not sure if this is true but if you are not a US resident, when you are paid the taxes are already deducted. That is the normal procedure. But let's see his records. The procedure is - if you earn P100 million in the US and P50 million in the Philippines, you report P150 million earnings in the Philippines. You compute the tax, let's assume its 32% so it's P50 million pesos. Now if he pays P30 million tax in the US, that is deducted from the P50 million so you pay P20 million," she said.

                    Roces said Pacquiao, who is already a congressman representing Sarangani province, is aware of the situation and will do what is right for the country.

                    "Sa history ni Congressman Pacquiao, he does not shirk his responsibilities as a taxpayer. We always joke that he is the top individual taxpayer. That is a running joke. Be assured that once we get all the details on the income that he get in the fights in the US, he will pay his obligations. He will not hide from it. He has no intention not to pay his taxes," he said.

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                    • Gino Ros
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                      #40
                      Originally posted by Gino Ros

                      He said Top Rank boss Bob Arum is also in the country to clarify the matter of Pacquiao's income . "Hindi yata naipasok ng maayos. He also has taxes in the US that are still being fixed by the promoters...Once the money comes in , hindi maglalayo sa mga binayaran niya nung i**** taon," he added.

                      The BIR chief, however, questioned how Pacquiao could not have gotten his earnings in the Hatton and Cotto fights which were a year ago.

                      "I have a problem with the timing issue. He had two fights in 2009, the first was in May, the second in November. If he didn't get the money for the first fight after 9 months, then he should have sued and I haven't heard reports of him suing anybody in the US because of the earnings. So let's see if this is true," she said in a separate dzMM interview.


                      She said that since Pacquiao is not a US citizen, the prizes should already be taxed before the money is given to him. She noted that the US Internal Revenue Service is much stricter in imposing taxes.
                      [/SIZE]


                      ....with NO VASELINE!!

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