Irony: Manny Pacquiao campaigns for Senate Majority Leader Harry Reid. The boxer announced recently

Irony: Manny Pacquiao campaigns for Senate Majority Leader Harry Reid. The boxer announced recently that he would no longer box on U.S. soil because the federal tax burden has become too much to bear. (AP).
Boxer Manny Pacquiao has shocked the world of sports with the announcement that he will no longer fight in Las Vegas or any U.S. city, for that matter because federal taxes have become too burdensome.
"But while promoter Bob Arum wanted it to happen, Pacquiao is now calling it a 'no go' due to the 39.6 tax hit he would take from the federal government [emphasis added]," the Washington Examiner's Paul Bedard notes.
Pacquiao s concerns lie with the federal income tax. As Nevada is one of the nine states that do not have an income tax, Las Vegas has grown to become the home for major bouts because fighters do not have to worry about the state taking a bite out of their winnings or purse," they told Bedard.
[F]or boxers who stand to earn over $1 million per fight through winnings, pay-per-view revenue shares, fight bonuses, and other forms of taxable income, they will be taxed at the top marginal income tax rate of 39.6 percent," ATR adds.
"It's been an interesting offseason," Mickelson said . "And I'm going to have to make some drastic changes. I'm not going to jump the gun and do it right away, but I will be making some drastic changes."
"Finances and taxes are a personal matter, and I should not have made my opinions on them public," Mickelson said in a statement . "I apologize to those I have upset or insulted, and assure you I intend not to let it happen again."
Pacman I don t blame ya. USSA is a Hollywood slut used and charging too much. What is a fellow with a brain and the cash to do? You get out while the gettins good. Dont play be a victim like the massive population is becoming before our eyes.
Anyone want to sign my petition and pass it on mandating to them no new taxes and to eliminate waste and fraud? It would be great to get enough signatures to tell them that we are fed up and are not going to take this lying down.
Why do you keep calling D.C. a Federal Government? It is a national government where the states are subservient to the National government not equal as they would be in a federal government. All courtesy of ignorance and a mis-application of the Commerce clause.
no surprise that beckett would put forth a story that wold reinforce a notion that is simply not true as income tax rates, even after the recent adjustment, are still historically low. Certainly lower than they were under Reagan, who of course covered his reduction in income tax rates by eliminating numerous deductions. The result was essentially a net change of $0 in the effective amount of taxes paid. It was Reagan who perfected the cut rates, red roof inn california reduce deductions and increase government fees slight of hand that is now the republicans tax policy. Let s not be confused when you institute a fee for a government service that didn t exist previously or increase that amount of a government fee such as drivers license or car registration that is a TAX.
Awesome I hope more people do it. Draw the line in the sand. On a personal note beef cost 3 times as much as it did 2 years ago and a lb of bores head ham is on sale for $9 a lb I love this Obama economy
There is something inherently fair about a flat tax which is why the lib-tards hate it. On a truely level playing field, the libs wouldn t live long enough to pro-create. They know it. Look at their constituents dependents red roof inn california on tax payers labor. If they can t produce enough on their own to buy food in America (lowest relative food prices on the planet), they certainly can t survive on their own. And those who wish to ignore the facts, will know it soon enough. Destroy the wealth creators, red roof inn california punish yourselves. Massive shortages of food, fuel and power are in your future. That cruise ship was without power for 3 DAYS and look what happened. We are cutting our military, and N. Korea just blew up its first NUKE. I guess they ignored the deal they made with Clinton what a shocker A missle with a small nuke blown up over CA could turn the lights out FOR MONTHS a big enough nuke exploded high enough could destroy electronics red roof inn california over the entire west coast Mexico to Canada!
What would be inherently fair would be the original form of the US Constitution that was set up to protect individuals from a federal personal income tax .greedy elitist Federal Government is the problem, not the solution
@Democrat, Everyone has their breaking point. If he doesn t want his earnings going to the fascists in Washington, he is doing the right thing. There are thousands more like him. Every drop of wealth denied to the central authority is a drop of wealth better spent elsewhere.
Sending an extra $46,000 to be wasted by Progressives for every million dollars he earns may seem like nothing to a sensible centrist democrat. After all, $350,000 per million was just not his fair share. We gotta pay so the poor unfortunate vulnerables the lazy good-for-nothing have free health care, free WIC for their children, food stamps EBT cards, welfare handouts, section 8 housing, free breakfast and lunches for the children of those that spent the food stamps on Ben Jerry s ice cream, Pepperidge Farm cookies, Newport cigarettes, imported beer, other necessities of life. That s a lot of entitlement dollars manny needs to pay his fair share of!!!
I wonder if this is the reason that some American rock bands havent done a US tour in a few years when they are known for US tours. Now they seem to tour everywhere else but the US,except for a few show dates.
They re wisely keeping quiet about it. The fascists and their sycophants will attack them relentlessly. This is something Manny probably should have done. Don t make public statements, just quietly continue a prosperous career outside the Fatherland red roof inn california and make a fortune.
Dont let the door hityou on the way out!! Without America and its fans he would still be a poor guy in the Phillipines, instead he made mmillions for gettting into a fight and this is how he acts? He trains for 3 months and makes $40M for a 36 minute fight wiht gloves on and acts this way? Oh thats right, he is a born again Christian so his greed makes sense now
The real reason he isnt fighting in the states anymore red roof inn california is we are tired of his BS decisions and now that he finally got KO d ( his wife thought red roof inn california he died it was soo bad) he lost his payday red roof inn california with Mayweather.
Congradulations Obie, you have taken health care, student loans and a host of other things from the American people and now you are taking sports. How is revenue raised through taxes when people stop earning money? I forget.
And citizens giving up their citizenship. I guess being a citizen of the US doesn t offer much benefit anymore, especially if you are self made individual with skills. If you re a vagrant red roof inn california then you can get all sorts of free stuff. red roof inn california We re no longer a nation of entrepreneurs but of beggars. They will never try freedom as an avenue of prosperity.
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