Floyd Mayweather bets $10M on Denver Broncos to win the Super Bowl

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  • Kingjames6Flee
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    #231
    Originally posted by thuggery
    smdh, yall juss a hater doe

    He gots legitimate bidness ventures yall woldnt kno about that ****

    Lmfao that **** made me laugh.

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    • cupocity303
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      #232
      Originally posted by billeau2
      Typical ignorance....Most millionares do not make "Earned income" so you best believe that Floyd pays a hella lot in taxes! Taxes are on earned income and an athlete's money is on the table for all IRS people to see.
      Precisely. Warren Buffet gets the vast majority of his yearly income by being the majority shareholder of his company. He is also the CEO/Chairman of his company but he pays himself next to nothing in salary so he doesn't have to pay a income tax. Meanwhile, he gets millions through interest and just pays the 15% dividend tax. I'm sure Floyd will get there one day with Mayweather Promotions....

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      • mathed
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        #233
        Broncos really phuked a bunch of people tonight, not just Floyd.

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        • mathed
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          #234
          Originally posted by Cupo303
          Precisely. Warren Buffet gets the vast majority of his yearly income by being the majority shareholder of his company. He is also the CEO/Chairman of his company but he pays himself next to nothing in salary so he doesn't have to pay a income tax. Meanwhile, he gets millions through interest and just pays the 15% dividend tax. I'm sure Floyd will get there one day with Mayweather Promotions....
          That's the reason why most millionaires and billionaires own businesses. That way they can claim they don't make anything and live through the company's profits and write them off as business expenses. It's called loopholes 101.

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          • Pain~Lucy
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            #235
            pretty sure, all losers are dead drunk by now LOL

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            • cupocity303
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              #236
              Originally posted by thuggery
              smdh, yall juss a hater doe

              He gots legitimate bidness ventures yall woldnt kno about that ****

              Hilarious. Like a would-be Rapper selling CD's out of the trunk of his car. But he did have that one TV commercial. I forgot what it was.

              Either way, there has got to be a ***ish businessman licking his chops to "do some business with Floyd".

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              • mathed
                molṑn labé
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                #237
                Originally posted by Pain~Lucy
                pretty sure, all losers are dead drunk by now LOL
                I'm a small time loser but I'm only just getting a buzz at this point.

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                • cupocity303
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                  #238
                  Originally posted by mathed
                  That's the reason why most millionaires and billionaires own businesses. That way they can claim they don't make anything and live through the company's profits and write them off as business expenses. It's called loopholes 101.
                  Slightly incorrect. They don't own businesses for the purpose of claiming that they don't make anything. They own businesses because that's what made them billionaires.

                  If you're not a billionaire because you're the biggest shareholder of a publicly traded company, didn't found a start-up (I.E. Zuckerberg with Facebook), then that means that you're a pure investor (ex: stock trader), which means you don't have a "income" and all your gains/returns will be taxed as a dividend anyway.

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                  • samouraļ
                    Le cercle rouge
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                    #239
                    Well there goes $10M. Broncos getting pounded.

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                    • Pain~Lucy
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                      #240
                      this should be a draw in ross's view

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