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Comments Thread For: Mayweather Jr. is Blasted By The IRS, $3.4 Million Tax Bill

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    Originally posted by Ryannn View Post
    the best one: "Everybody knows the first rule of business is NOT to pay your creditors until before they initiate legal action. This also applies to the US government"

    I know, I had a good chuckle at that one too.

    And like I already asked,

    if thats the key play for millionaire athletes,

    why don't we hear other sports big names using this exact same tactic to save them money?

    But then again, you just have to look at the source of the quote.

    Comment


      Originally posted by Johnny Chingas View Post
      I know, I had a good chuckle at that one too.

      And like I already asked,

      if thats the key play for millionaire athletes,

      why don't we hear other sports big names using this exact same tactic to save them money?

      But then again, you just have to look at the source of the quote.
      They do know that the IRS can garnish your wages and seize your assets when people don't pay, right? The idea that this moron is somehow outsmarting the US govt is ridiulous and laughable! These *****s are beyond ******ation!

      Comment


        Originally posted by Johnny Chingas View Post
        I know, I had a good chuckle at that one too.

        And like I already asked,

        if thats the key play for millionaire athletes,

        why don't we hear other sports big names using this exact same tactic to save them money?

        But then again, you just have to look at the source of the quote.
        i mean come on. he flashes his money. nothing wrong with that. wouldn't do it myself,

        but you gotta pay tax.

        Comment


          Originally posted by Ryannn View Post
          i making stuff up? that's rich.

          first rule of business: don't pay your creditors until they are about to initiate legal action

          ****ing ******

          Yep, the FIRST rule, kid.

          That saying is obviously a hyperbole, but anyone who understands basic finance will get the point.

          e.g.
          I recently negotiated a new supply chain for a product that we will be launching soon.

          The first condition that I relayed to each prospective supplier was the payment terms..... all 3 of our final choices requested a weekly account, I stated that we will make payment on the 20th of the month following invoice..... so, a potential 7-8 week account.

          Can you really not see the difference ?

          What about if the account is worth 120mil quarterly ?

          Can you still, really not see the difference ?

          I guess, there is no point in advising you to give yourself an uppercut then ?

          Last edited by LeadUppercut; 04-03-2011, 10:56 PM.

          Comment


            Check out this bunch of ignorant ****s.....

            Stl_Buay
            Johnny Chingas
            Ryannn
            Russian Crushin
            Deedubbzz07

            You ***wits couldn't run a p1ss-up in a brewery, morons

            Yeah that's right clowns, you wish you had money problems

            That saying is a well-known business hyperbole, straight from the Robert Jones school of business.

            Go back to bed kids.

            Comment


              Originally posted by LeadUppercut View Post
              Yep, the FIRST rule, kid.

              That saying is obviously a hyperbole, but anyone who understands basic financial will get the point.

              e.g.
              I recently negotiated a new supply chain for a product that we will be launching soon.

              The first condition that I relayed to each prospective supplier was the payment terms..... all 3 of our final choices requested a weekly account, I stated that we will make payment on the 20th of the month following invoice..... so, a potential 7-8 week account.

              Can you really not see the difference ?

              What about if the account is worth 120mil quarterly ?

              Can you still, really not see the difference ?

              I guess, there is no point in advising you to give yourself an uppercut then ?


              you will be out of business in no time.

              Comment


                Originally posted by LeadUppercut View Post
                Check out this bunch of ignorant ****s.....

                Stl_Buay
                Johnny Chingas
                Ryannn
                Russian Crushin
                Deedubbzz07
                The funny part is.....

                watching you ***go7s wet yourselves in public, trying to dredge up a lame excuse to flame a guy who doesn't even know you exist

                Fkn ******s

                Shall we go with my earlier suggestion you rocket scientists ?

                Shall we change the subject to "boxing only", and open up the forum to include Pac ?

                Shall we, shall we, huh ?

                Comment


                  Originally posted by LeadUppercut View Post
                  Yep, the FIRST rule, kid.

                  That saying is obviously a hyperbole, but anyone who understands basic finance will get the point.

                  e.g.
                  I recently negotiated a new supply chain for a product that we will be launching soon.

                  The first condition that I relayed to each prospective supplier was the payment terms..... all 3 of our final choices requested a weekly account, I stated that we will make payment on the 20th of the month following invoice..... so, a potential 7-8 week account.

                  Can you really not see the difference ?

                  What about if the account is worth 120mil quarterly ?

                  Can you still, really not see the difference ?

                  I guess, there is no point in advising you to give yourself an uppercut then ?

                  Comment


                    Originally posted by Deedubbzz07 View Post
                    They do know that the IRS can garnish your wages and seize your assets when people don't pay, right? The idea that this moron is somehow outsmarting the US govt is ridiulous and laughable! These *****s are beyond ******ation!
                    Look at this ***wit kid.

                    Genius, let's say you earn $100k per annum, and you pay tax at 30%.

                    Then you, like many first-year businesses, default on your tax bill.

                    The IRS will wind you up, and get nothing.....

                    Or, will they negotiate, come to terms, and allow you to continue to trade, thereby ensuring $300k over the next decade, WITHOUT ALLOWING FOR GROWTH ?

                    You fkn moron.

                    Comment


                      Originally posted by LeadUppercut View Post
                      Check out this bunch of ignorant ****s.....

                      Stl_Buay
                      Johnny Chingas
                      Ryannn
                      Russian Crushin
                      Deedubbzz07

                      You ***wits couldn't run a p1ss-up in a brewery, morons

                      Yeah that's right clowns, you wish you had money problems

                      That saying is a well-known business hyperbole, straight from the Robert Jones school of business.

                      Go back to bed kids.
                      Originally posted by LeadUppercut View Post
                      The funny part is.....

                      watching you ***go7s wet yourselves in public, trying to dredge up a lame excuse to flame a guy who doesn't even know you exist

                      Fkn ******s

                      Shall we go with my earlier suggestion you rocket scientists ?

                      Shall we change the subject to "boxing only", and open up the forum to include Pac ?

                      Shall we, shall we, huh ?

                      oh boy.. we got you mad

                      Comment

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