Mayweather's team adds stipulation that Pacquiao can't train in Philippines

Discussion in 'World Boxing Forum' started by AFBlues, Aug 15, 2011.


  1. chinachin

    chinachin Active Member Full Member

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    Floyd is scared to death about losing his 0, like it or not.

    Stupid excuses are still excuses and even more reliable.
     
  2. J.E.Cash

    J.E.Cash Boxing Addict Full Member

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    That's just State tax though, which is typically not that high anyways. He still has to pay federal income tax.

    I think the issue has to do with him having to pay a different tax bracket if he's here for a certain number of days because he switches from just coming to work and leave to actually living here.
     
  3. UFgators

    UFgators Active Member Full Member

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    Exactly.


    If I remember correctly Roach wanted one of the camps to be somewhere in Canada, away from the Philippine distractions but not in the US due to tax concerns. I may be 100% wrong on this.
     
  4. naldo marshal

    naldo marshal heavyweight champ Full Member

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  5. Englund

    Englund Warrior Full Member

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    When you make as much as Manny does, it is a big difference. I was just replying to the poster that was talking about money you earn. I don't think income tax is the issue Roach was talking about.
     
  6. EricGN

    EricGN Active Member Full Member

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    As rich as you are, you still need to pay taxes. Now I don't know about Mayweather's case, but even if he's a millionaire, he's still have problem with taxes. I do believe most of you already know that news about Mayweather and Taxes.

    "The richer you are, the more tax you pay"
     
  7. Jeff M

    Jeff M Future ESB HOF Full Member

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    We all know Pacaroids has more reasons to train in the Philippines than just taxes...:yep
     
  8. osreyes77

    osreyes77 Well-Known Member Full Member

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    Not exactly. If you make 379,150 per year and over, you pay 35% in taxes. You can make 300,000,000 and still pay 35%.
     
  9. kommieforniaglo

    kommieforniaglo Boxing Junkie Full Member

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    Wake me up when they are both in the ring, and the bell has rang for round 1
     
  10. J.E.Cash

    J.E.Cash Boxing Addict Full Member

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    It was tax related - they talked about it on 24/7. He would exceed the day limit for not being considered a resident; which has a pretty big impact on taxes.
     
  11. boxing_RN

    boxing_RN Guest

    Explain or Shut the **** up! :hi:
     
  12. toff

    toff Member Full Member

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  13. toff

    toff Member Full Member

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  14. BigReg

    BigReg Broad Street Bully Full Member

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    Peopke making 379K aren't paying 35% in taxes.
     
  15. Vitor Belfort

    Vitor Belfort Obsessed with Boxing Full Member

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    Scared as a motha****a:rofl:rofl:rofl