Comments Thread For: Jermall Charlo in Club Scuffle, 150K in Cash and ***els Stolen

[Catrin]

Really hope the Charlos do not let success get the better of them!!!

sad but true!
ask Broner...

[champion4ever]

This incident reminds me of the Ice Cube of N.W.A. Fame Solo track called "Us".

[GGG Gloveking]

This incident reminds me of the Ice Cube of N.W.A. Fame Solo track called "Us".

I loved Death Certificate

[Steven Mccowan]

Whats up with these grown men nowadays carrying purses lmao. Some still wearing f@g bags as well smh

[Muz]

You know that Uncle Al Haymon believes in taking care of his guys.

He has them fighting bums once a year for $300,000.....

Take federal income tax 32% which is $100k roughly off the top to uncle Sam . Then you have Haymon standard fee of 15% so take $45,000 off the top. Then take New York taxes for a cool $30,000. Now pay your trainer and you are walking home with $100,000 for the entire 2017 year....I made more than Charlo last year in take home money.

[Muz]

Charlo a damn fool. $150k in his purse was 150% of his entire earnings take home in 2017.

[champion4ever]

He has them fighting bums once a year for $300,000.....

Take federal income tax 32% which is $100k roughly off the top to uncle Sam . Then you have Haymon standard fee of 15% so take $45,000 off the top. Then take New York taxes for a cool $30,000. Now pay your trainer and you are walking home with $100,000 for the entire 2017 year....I made more than Charlo last year in take home money.

Yeah that's true but he also gives them bonuses.

[Muz]

Yeah that's true but he also gives them bonuses.

Bonus's are taxed as well. My bonus is taxed at the highest level.

So if what you mean by bonus is under the table, maybe my FBI relative might want to know more about how Haymon is in violation of laws.......You do understand Haymons bonus might be non reported to avoid taxes?

[Muz]

All bonus must be reported or else in violation of tax laws. Every promotor knows this. So if there were bonus involved it's either under the table which is illegal or no such bonus exist . So which is it?

[Muz]

Dealing drugs on the street and making cash is not taxable because it is illegal.....Haymon running a cash only business to bypass tax laws? Is this what your so called bonus means?