Comments Thread For: IRS Now Targets Manny Pacquiao For $18 Million in Debt

[JaYDeuce11]

Let's stop acting like Manny wasn't being talked about asking for advances because of his ******** and spending past. This guy knew he was blowing through money and wanted more. I believe everyone here knows that they were trying to pull a fast one on ol' Uncle Sam.


Why in the hell else would Manny post some ****** pictures of his tax forms for? This good guy, all-mighty lord savior, smiling in everyone's faces image that he portrayed wasn't genuine, IMO. Everyone involved tried to pull the wool over our eyes. It's just now catching up to each and every single last one.

This post makes no sense. So Manny is just pretending to help the victims of the philippines, when hes there in person? He's not really there when hes working out in his old poor town and giving out money?
Lol cmon dude hes got vices n faults, but it not like hes still not a good dude. Thats why people whove actually met him never wanna fight him.

[PETUFF]

what ??feel sorry for him ...after all the money they make why no pay taxes??its the law ...i don't understand??they don't have somebody that do all that ****

[-PBP-]

Meaning that Pac owes $18m in taxes from PPV money alone?

I don't know if its just PPV but any amounts that weren't reported to the commission that the IRS found out about. Look at 2009:

Amount reported to commission:

Hatton: $7.4 million
Cotto: $7.4 milloin

http://www.fighthype.com/pages/content11628.html

Amount reported to press:

Hatton: $12 million

http://sports.espn.go.com/sports/boxing/news/story?id=3854403

Cotto: $22 million

http://www.examiner.com/article/manny-pacquiao-beat-cotto-the-ring-and-mayweather-pay-per-view-making-22-million-video

If that's the case, you got $34m - $14.8 million = $19.2m of unreported income.

That's just a guess, but I agree with the post I quoted earlier.

[TRTboy]

Let's stop acting like Manny wasn't being talked about asking for advances because of his ******** and spending past. This guy knew he was blowing through money and wanted more. I believe everyone here knows that they were trying to pull a fast one on ol' Uncle Sam.


Why in the hell else would Manny post some ****** pictures of his tax forms for? This good guy, all-mighty lord savior, smiling in everyone's faces image that he portrayed wasn't genuine, IMO. Everyone involved tried to pull the wool over our eyes. It's just now catching up to each and every single last one.

LOL no man pac is just not too bright. He gets manipulated easily because of his humble behaviour. When he hired that accounting firm to check his finances arum and koncz told him to fire them when it discovered problems and pac followed their orders like a fool.

[FeFist]

Also this could be a ****** question, but is there the possibility that he owes them more than 18 million? And more to the tune of the $50 million demanded by the Philippines. The period of time covered by the IRS covers 06-10, but if things have been ****ing up since then I have a hard time assuming that things are okay for 11-13.

[Holywarrior]

This is friggin awful.

[loui_ludwig]

Is TMZ even a legit source?

[deanrw]

Someone close to Manny was cooking the books. Do not be surprised to see some actual tax fraud criminal charges come to light over this.

Manny even hired some Tax team to check things a couple years ago, and someone from Manny's team then talked him into firing them. I wonder if Manny was getting swindled all along and the guys "taking care" of him were leaving a paper trail while keeping the money?

[The Raw Dog]

For the animosity and trash talking on floyd's part,, I do think down the road, floyd will fight manny to help him get a big payday,, at the end of the day, we are all human beings and none want to see another fall so far and suffer..

Ali n frazier, when after they were retired, ali helped frazier with some money issues,,

i think floyd, for all his faults, will do an honorable thing and help manny out,, may not be this year, but sometime in the future after all the trash talk is done,, floyd will help manny out IMO

Floyd don't owe Manny ****. This guy sued him, allowed the media to tarnish his reputation by making him look like the one who didn't want to fight in the 1st place. Manny and his fans created the situation where the perception was dude could walk on water, not he's sinking and Floyd has to do the honorable thing? **** that.

This is what Manny can do...

Forget Floyd, leave Arum, find Haymon, and work with GBP in building back up his brand and revenue steam to pay his bills. Garcia, Broner,Matthysse, Ortiz, Maidana, are all lucrative fights Big Rich can make happen and keep Manny out of jail.

You and the rest of his fans should now learn to respect Floyd, because like I've said in the past all he tried to do was school the dude, but you guys did nothing but empower those around Manny with your hate of Floyd to take advantage of him with your blind ass loyalty.

[Supreme504]

Ballin out of control !!!