Comments Thread For: Mayweather: I Gave IRS $26 Million in 2015, My Empire Rock Solid!

[Motorcity Cobra]

https://www.facebook.com/floydmaywea...type=3&theater

I just posted this. I should've checked here first.

[THEFRESHBRAWLER]

The Article says he paid $26mil.

A simple google search showed Forbes estimates he earned $300mil in 2015.

A simple online tax calculator will show that Federal taxes on 300mil income in 2015 in Nevada were around 118mil.

Leaving a tax debt of $94mil.

TMT - Transfer More Tax.

That's a lot of money for taxes. Surely he gets all type of deductions from his companies.

[Manic Shot]

McGregor: I'm gonna tax that a ss!

[TheBigLug]

Lol. Even if Floyd did get $300m in 2015, tax offsets have a remarkable way of lowering the actual taxes owed. Clown.

Yeah, there's all sorts of ways to offset taxes such as creating phoney charities and business registrations and all sorts of things. Hardly anybody making big money is paying the relevant amount of tax.

You need to remember that most of this forum still live with their parents and don't really understand anything about this kind of thing

[Furn]

Yeah, there's all sorts of ways to offset taxes such as creating phoney charities and business registrations and all sorts of things. Hardly anybody making big money is paying the relevant amount of tax.

You need to remember that most of this forum still live with their parents and don't really understand anything about this kind of thing

You know that's illegal right.

Businesses that employ large numbers of people, have large assets they can right off or who earn money or pay tax overseas get offsets and deductions.

Just regular entertainers who who make big dollars and blow it all and don't pay their tax just go broke.

[TheBigLug]

You know that's illegal right.

Businesses that employ large numbers of people, have large assets they can right off or who earn money or pay tax overseas get offsets and deductions.

Just regular entertainers who who make big dollars and blow it all and don't pay their tax just go broke.

There's all sorts of loopholes. Tax avoidance and tax evasion differ slightly and there's many loopholes that allow for tax avoidance to take place.

Immoral? maybe. Illegal? not always.

Plenty of people blow their money because they haven't been advised or taught how to play the game and protect their money.

[Scipio2009]

You take this stuff too personally. Unless you're Floyd's masseur ?

Right is right and wrong is wrong.

Manny Pacquiao is currently sitting in tax he'll, with a $75m obligation sitting on his neck, yet no one says **** about it.

Floyd files a legal request to delay settling the balance on a tax bill, and the story that folks immediately chase around the world becomes that Floyd is broke, and now he's back to fight for a check.

Say what you want about Floyd the man, he bet on himself and won, and folks seem to have this irrational hate of the man.

All I want to see is consistency in the argument.

[Ake-Dawg]

The Article says he paid $26mil.

A simple google search showed Forbes estimates he earned $300mil in 2015.

A simple online tax calculator will show that Federal taxes on 300mil income in 2015 in Nevada were around 118mil.

Leaving a tax debt of $94mil.

TMT - Transfer More Tax.

Donald Trump is wealthy....and hasn't paid taxes in years. Let that sink in while you research tax law and understand that because of tax shelters and estate laws, wealthy people are in a net lower tax bracket that regular people. Onlinetax estimators are a joke for people with diversified income and investment portfolios.

[MisanthropicNY]

Floyd's zombie followers actually believe his story that paying interest and penalties is actually a good thing...

Floyd is so insecure about his money troubles... it's so funny lol... he had to have his lawyer come out and defend his insecurities...

[Blender]

LOL Floyd always just straight up lies.

You'd have to be as dumb as Floyd himself to believe his lies over the IRS.

This is extremely humiliating for his fans.