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Comments Thread For: Mayweather Owes Taxes, Asks IRS to Wait For McGregor Fight
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Originally posted by hitking View PostI think Floyd's "struggles" growing up are greatly exaggerated. His uncle is was a world champion fighter. His dad was a good fighter. And more importantly, Floyd was a child prodigy. I doubt Floyd wanted for a whole lot growing up, even though his guardians were less than ideal. I assume his childhood was pretty similar to LeBron's. Yes, they grew up in the inner city. No, they didn't have the best parents. But as child prodigies, they were walking lotto tickets. I'm sure money wasn't far outta reach.
I don't know where his family was at the time, but he wasn't taken care of like you'd think.
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Originally posted by Bronx2245 View PostFloyd should know better! Look what happened to Joe Louis! And that's a fighter that America loved! IRS is undefeated!
And sh^t maybe he gots someone & they effed up or something idk, but history tells me this is a consistent issue with Floyd for some ****** ass reason.
Randomly does anyone know if he's filled taxes for 2016 & this is just some issue due to all the incoming money he had in 2015 via the Manny fight?Last edited by Eff Pandas; 07-08-2017, 12:41 PM.
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Originally posted by Eff Pandas View PostYea...til 2017 taxes end up being unpaid in 2019.
How the eff is Floyd never paying his taxes even after tax problems years ago? Floyd should have a dedicated accountant for this sorta bs. I'll always be like "Michigan Mfers" with people who came from where I came from, but wtf lets use some common god damn sense with basic sh^t like this.
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Originally posted by Bronx2245 View PostRequiem for a Welterweight:
One of the oldest sayings in boxing, the first warning every aspiring fighter hears long before they've ever entered a ring, is that the most dangerous punch, the one to fear most, is the one you never see coming. While the cliché is certainly true at the start of a career, it rarely holds up toward the end. This is because almost none of the great fighters in history ever stopped after that punch — and the history of the sport suggests that few can ever escape it. Pacquiao, despite earning a reported $174 million since 2009 from boxing and endorsements deals, is no different.
Why? Because, of course, boxing's not so well kept dirty secret is that, financially, most fighters can never stop. No matter how outlandish a fortune they've earned inside the ring and out, most greats not only never get ahead, few can even manage getting out from under. They never put much distance between themselves and where they came from. With few exceptions, they all end up desperately needing one more payday. And then another. And then another. Most are forced to hang around so long their endings are consummated by the uglier, more sinister punch that they all saw coming a mile away. Joe Louis, at 37 years old, was never blindsided by the physical punches that Rocky Marciano landed to knock him helplessly out of the ring and the sport. No, the punch he never saw coming and what set him up for Marciano's right hand was debt — in his case, to the government. Louis owed the IRS $500,000 and had nowhere else to go and get it but back into the ring.
https://www.sbnation.com/longform/20...t-2013-profile
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Originally posted by boxinggod101 View PostOhhhh....... Lets see. This thread will be hilarous. Floyd vs Manny... Floyd fans **** on Manny before for owning tax and now this. Manny groupies will forget Manny owed tax before and will sh#t on Floyd.
Let's get ready to rummmmmmmblleee
Mayweather ended up settling that for around $5 million, but in 2011 the IRS said the fighter owed $3.4 million in taxes incurred in 2009 and due in 2010, according to a report at the time in the Grand Rapids Press.
He also had to pay off liens the IRS filed against him in 2001, 2003, 2005 and 2006, according to an Associated Press report in 2009."
seems like he forgets to pay taxes quite alot
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Originally posted by bigjavi973 View Post"Mayweather’s gone back and forth with the IRS over the years. The agency filed a $6.17 million lien on Mayweather in 2008 for his 2007 taxes, according to a 2009 report in the Grand Rapids Press.
Mayweather ended up settling that for around $5 million, but in 2011 the IRS said the fighter owed $3.4 million in taxes incurred in 2009 and due in 2010, according to a report at the time in the Grand Rapids Press.
He also had to pay off liens the IRS filed against him in 2001, 2003, 2005 and 2006, according to an Associated Press report in 2009."
seems like he forgets to pay taxes quite alot
All that sh#t will come back to u one day.
I hope no harm to noone but he can't like like that once he will be retired.
Or will he have to do like people say abt Manny.. fight until hes 45+??
Who knows. I would hope not
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Originally posted by bigjavi973 View Post"Mayweather’s gone back and forth with the IRS over the years. The agency filed a $6.17 million lien on Mayweather in 2008 for his 2007 taxes, according to a 2009 report in the Grand Rapids Press.
Mayweather ended up settling that for around $5 million, but in 2011 the IRS said the fighter owed $3.4 million in taxes incurred in 2009 and due in 2010, according to a report at the time in the Grand Rapids Press.
He also had to pay off liens the IRS filed against him in 2001, 2003, 2005 and 2006, according to an Associated Press report in 2009."
seems like he forgets to pay taxes quite alotLast edited by The Big Dunn; 07-08-2017, 12:46 PM.
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This is what you call "fake news" people. This is very common for people who make millions of dollars from non-employer related income (think dividends).
Nearly every partner at my law firm gets these letters annually lol I wouldn't pay them anything either until after the fight. I wonder who the guy is at the IRS who's working the Mayweather file (likely hates his job lol). His amounts actually are really low considering his fighting comp. That means these balances are related to non-boxing income.
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