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

[GGG Gloveking]

Do you honestly believe that the only charitable giving that Bill and Hillary Clinton engaged in only amounted to $2m? lol

I can only take their word for it, since it is what they reported on their tax forms.

It seems you have a vision of the Clintons as these super-benevolent philanthropists that give 3/4 of their money away and voluntarily pay extra taxes...

[peplz]

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.

Saying that it's immoral to avoid paying taxes is like saying it's immoral to refuse to pay the mob for "protection".

[Hype job]

You seem desperate to show that he's a bumbling idiot, yet there's clear evidence that he isn't.

How a story of Floyd petitioning the IRS for a time extension (on a tax bill that they weren't even chasing him down for yet), became this hysterical about Floyd being so hung up on money that he's being forced to fight again, with literally no proof of anything, says more about folks like you than anything.

Floyd is the modern-day Jack Johnson; he can show up, break all of the norms, spit in the face of his haters and their taboos, and no one can do **** about it, since he simply does not lose.

The only little taste of victory that told like you have had over Floyd, is likely his abbreviated jail time, and even that couldn't derail him.

Hold this l

You're way too emotionally invested in your Floyd worship.

[Furn]

Now tell us how much of that was for promotion company expenses, employees, travel etc....since apparently you know...also tell us about investments, 401k's, roths,etc that he may have put money into which would assist in taxes paid.

Not $235mil.

Which is what he'd need to have in losses in 2015 to pay $26mil.

The richest people in the US on average save about 5% in tax.

[champion4ever]

I thought Floyd made 300mil in 2015 ?

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

TBE. The Brokest Ever.

Thank you, the quote of the day so far! You better educate these people. Green K sent!

[Scipio2009]

If you think Floyd does his own taxes, then you're as dumb as the people who think he's responsible for all the great bets he makes.

Floyd bets on favorites and rarely on underdogs; not rocket science. If you bet $100 on Floyd's fight, and then turned the winnings over to progressive bets on Floyd for all of his fights, you end up making money versus the person who bet against Floyd.

[NYG]

Who cares if Floyd is broke or not? Why does it matter?

[Scipio2009]

I can only take their word for it, since it is what they reported on their tax forms.

It seems you have a vision of the Clintons as these super-benevolent philanthropists that give 3/4 of their money away and voluntarily pay extra taxes...

Nothing "super-benevolent"; simply acknowledging that they are politicians, ********ic Party politicians at that. Barack *****, Joe *****, and a host of other politicians can file their taxes, take every break afforded to them, and not face any backlash, for the simple fact that they are still relatively normal; own one home, never really made ridiculous money, can give what they can to charity, etc.

Mitt Romney, and other moneyed politicians can't, for the simple fact that if they did so, their effective tax rate would be near zero, a political nightmare in the face of a voting public that pays, between federal/state/local/sales and Medicare/Social Security anywhere from 10%-40% of their own income in taxes.

[champion4ever]

So far, Mayweather should be in the clear once he makes this last payment to the U.S. government. However, he shouldn't make it a pattern of his, of going more than four and five years at a time, without paying his taxes to the IRS. If he does, then he could face some very serious repercussions like risking Federal prison time.

[PACnPBFsuck]

Floyd bets on favorites and rarely on underdogs; not rocket science. If you bet $100 on Floyd's fight, and then turned the winnings over to progressive bets on Floyd for all of his fights, you end up making money versus the person who bet against Floyd.

If it was easy, Vegas would be broke. Betting $100 on Floyd is chump change returns, you can't even buy a happy meal with the winnings.