Originally posted by bigdramashow
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Comments Thread For: Mayweather Owes Taxes, Asks IRS to Wait For McGregor Fight
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Floyd always trying to avoid paying taxes. When is he gonna learn he can beat everyone but the IRS.
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Originally posted by boxinggod101 View PostFirst floyd os not a billionaire and they say ur jason shaw???
Are u back???Last edited by bigdunny1; 07-08-2017, 12:04 PM.
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Originally posted by revelated View PostLots 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.
There's a difference people need to understand.
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Originally posted by The Big Dunn View PostFloyd always trying to avoid paying taxes. When is he gonna learn he can beat everyone but the IRS.
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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looks like floyd will fight Jeff Horn next so Floyd can pay for taxes he owes from Mcgregor fight.
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whose alt is p4ptbe?? and why is he so fucking emotional about this?but but but president trump does it too doe.....
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