that's the reason he came back to fight an amateur. Well hey.. With 100 mill payday it won't be a problem to pay them back..
you big dummy donald trump is worth 4 billiona and he does this same thing all the time! He never pays the irs on time or the full amount! Then in the end he makes a deal with the irs to pay a lower amount than the original! This is business! When you can hire top law firms you can afford to play games with the irs! You and me cant do that!
donald trump pulls this same move all the time! In the end he pays a lump sum but he gets the total tax bill lowered a few million! Its a strategy! When you can hire top lawyers you can afford to play games with the irs
Lots of people don't understand net worth vs. liquid assets. They also don't understand capacity to pay vs. desire to pay.
Floyd CAN pay. He just doesn't want to. Reason: it would mean he has to sell off properties and investments to raise LIQUID assets to hand over to the feds before they seize it. Nobody wants to do that when you've worked for that. He's basically "Cash poor" like 50 Cent. It's just like Lord Jamar tried to tell people.
His mistake is that he should have just made a payment arrangement on it; the feds will take almost any money as long as they continue to get it on time, and he could have been free and clear in 3 years. And I speak as a person that had to work with the feds on old tax debt from when I was a kid and didn't understand "the system".
Manny COULDN'T pay. He wanted to, he couldn't. Reason: he threw his money away on other people and getting ripped off by his promoter and team, plus the hookers, booze and drugs over years.
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