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

[Canelo and GGG]

This is not how it works. What you see is just his tax bracket. I am pretty sure all this money goes through Mayweather's Promotion and other business entity setup in his name. Through a corporation, he will likely have many write-offs.

even with right offs he still owe them big $ ,he will lose some but he will be ok (probably)

[Bjl12]

Umm what? In America the wealthiest people get the most tax breaks. Even so I would expect he owed a little more money, but I definitely would NOT be surprised if the story is completely fabricated.

Either way I don't care what another person earns or what their tax situation might be. I mean the president of the US suggests all people hire lawyers to avoid paying taxes...so what's that say about paying taxes anyway? And why are people concerned or have an opinion about someone else's ability to pay taxes or (in this case) desire to?

You sound more insecure about Floyd's financial troubles than Floyd does lol.

Why does anyone care about Floyd's ability to pay taxes? Why are you here defending it

This guy can't read. Where in my post do I defend Floyd? The guy is an idiot and especially an idiot with money. If he says he paid $26 million for $300 million income I wouldn't be surprised if he paid in full.

Only in America do the wealthy pay THAT MUCH LESS than average or poor people in taxes. Donald ***** is another bafoon that even BRAGS about doing "everything he can" to avoid paying taxes.

At what point in my post do I defend the jackass that Floyd is? Please reread it or go back to grade school

[Ake-Dawg]

So desperate to defend his God Floyd that he even brought up Donald *****

You've seen *****'s tax returns, really? Shiiit, you provide those to the ******* media and they'd make you rich if that were true.

Grow up lol.

What exactly am I defending dumbass? There is nothing to defend. And ***** has acknowledged that he legally manipulated the tax system to limit his tax liability. That's no secret. Some of you idiots are so desperate to talk trash about these fighters that you lose all common sense if you had any to begin with. It may be hard, but try adding an educated post to the thread maybe it will hide the fact that you are trailer trash.

[j.razor]

I thought Floyd made 300mil in 2015 ?

Thats 118mil in taxes so he owes another 96 mil.

TBE. The Brokest Ever.

I know your trying to be funny but @ least make sense....the man is Paid.

[Rip Chudd]

Why do people care that Floyd owes to the IRS? His money troubles are his and he has to deal with it. I'd be concerned if he owed me money though.

[Ake-Dawg]

Still some of the dumbest people are on this site.

One idiot mentions special rates for llcs... There are no special rates for llcs. Llc income is treated as pass through income.

Then we have the morons mentioning that the wealthy don't pay much taxes... That's capital gains on investments which i believe is 15% right now. This 300 million figure will be taxed as personal income, not capital gains.

There's idiots talking about deductions... Which don't alleviate much tax liability. Floyd would need over 200 million in deductions just to get him to that 26 million tax bill. So Floyd would've needed to spend 200 million in charitable donations and/or expenses related to his business.

Seriously... The dumbest people here...4

So how much did Mayweather the individual make versus Mayweather Promotions? The dumbest thing anyone on here can do is to assume they know how that dudes income streams were set up in 2015 for tax purposes.

[Cinci Champ]

prob something weird tbh some kind of income he didnt think about. is kinda crazy tho that someone can give 26 million and its still not enough no matter how much he made that year. maybe im to conservative when it comes to taxes but that just seems crazy to me. ya the wealthy should pay their fair share but 25 ****ing million is still 25 million regardless of percentages

[Shonoluv]

He may need to sue the tax court like Lamar Odom Did

Wasn't there a billionaire who said he paid less in taxes than his secretary... I have long suspected the IRS of allowing write-offs for one group of individuals but denying those same write-offs for others. With all the deductions he qualifies for as a 1099 employee his tax rate should be somewhere between 7-13% federal and the self-employment tax around 15%.

[aboutfkntime]

are you crybaby f@gs really concerned about the tax he owes ?

or are you more concerned about the 300mil he made ?

[Blender]

A lot of people on twitter are asking why so many black athletes can't pay their taxes and go broke.