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Fri Feb 15, 2013, 02:10 PM

 

Manny Pacquiao prefers to fight Juan Manuel Marquez in China because of high U.S. taxes

Manny Pacquiao's chief adviser insisted Monday that the Filipino superstar's preference is for his next bout a fifth fight against Juan Manuel Marquez to take place away from Las Vegas, with the off-shore Chinese gambling resort of Macau emerging as the "favorite."

Michael Koncz told Yahoo! Sports that the 39.6 percent tax rate Pacquiao would face if he were to fight again in the U.S. makes a fall bout in Las Vegas "a no go."
Promoter Bob Arum is hopeful of arranging a fifth match between Pacquiao and Marquez in the fall, potentially on Sept. 14. Arum's preference is for the fight to be at the MGM Grand in Las Vegas, which is his company's home base.

But Arum and Koncz say Pacquiao is balking at the additional money he'd lose to the government if the fight were held in Las Vegas. Arum said Pacquiao would not have to pay taxes if the fight takes place in casinos in either Singapore or Macau.

"Manny can go back to Las Vegas and make $25 million, but how much of it will he end up with $15 million?" Arum said. "If he goes to Macau, perhaps his purse will only be $20 million, but he will get to keep it all, so he will be better off."

While avoiding a huge tax bill would be a benefit to Pacquiao, it would hurt Arum in terms of pay-per-view sales. Arum said a detailed review indicates that a pay-per-view bout emanating outside of North America would do about 50 percent fewer sales.

http://sports.yahoo.com/news/boxing--pacquiao-prefers-to-fight-marquez-in-china-because-of-high-u-s--taxes-003802872.html

33 replies, 2150 views

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Arrow 33 replies Author Time Post
Reply Manny Pacquiao prefers to fight Juan Manuel Marquez in China because of high U.S. taxes (Original post)
dkf Feb 2013 OP
Kingofalldems Feb 2013 #1
trumad Feb 2013 #2
joeybee12 Feb 2013 #6
redqueen Feb 2013 #10
kestrel91316 Feb 2013 #13
geek tragedy Feb 2013 #3
MADem Feb 2013 #14
geek tragedy Feb 2013 #15
MADem Feb 2013 #19
geek tragedy Feb 2013 #21
dlwickham Feb 2013 #26
idwiyo Feb 2013 #30
geek tragedy Feb 2013 #20
Dawson Leery Feb 2013 #4
KamaAina Feb 2013 #5
hrmjustin Feb 2013 #7
Bake Feb 2013 #24
99Forever Feb 2013 #8
Bake Feb 2013 #9
NoGOPZone Feb 2013 #11
Bake Feb 2013 #12
dairydog91 Feb 2013 #29
Bake Feb 2013 #32
Cali_Democrat Feb 2013 #16
dems_rightnow Feb 2013 #31
libtodeath Feb 2013 #17
ProSense Feb 2013 #18
muriel_volestrangler Feb 2013 #22
Fla_Democrat Feb 2013 #23
cherokeeprogressive Feb 2013 #25
DonCoquixote Feb 2013 #27
dairydog91 Feb 2013 #28
OceanEcosystem Feb 2013 #33

Response to dkf (Original post)

Fri Feb 15, 2013, 02:14 PM

1. So are you saying we need to embrace republican economics?

Otherwise why wouldn't you post this in Sports?

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Response to Kingofalldems (Reply #1)

Fri Feb 15, 2013, 02:16 PM

2. LOL

Stealth not so much...

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Response to Kingofalldems (Reply #1)

Fri Feb 15, 2013, 02:25 PM

6. Or LGBT since Manny is a homophobic little pr*ck...nt

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Response to joeybee12 (Reply #6)

Fri Feb 15, 2013, 02:32 PM

10. +1

Please lose again, Manny, you greedy, bigoted asshole. And then just fade into obscurity.

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Response to Kingofalldems (Reply #1)

Fri Feb 15, 2013, 03:46 PM

13. Yes, that's exactly the point of this post, and of ALL this DUers other posts, too.

Never, ever posts a single word in support of Democrats or Democratic policies or anything liberal.

EVER.

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Response to dkf (Original post)

Fri Feb 15, 2013, 02:16 PM

3. Pacquaio is to the right of Michelle Bachmann.

Screw him.

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Response to geek tragedy (Reply #3)

Fri Feb 15, 2013, 04:44 PM

14. I must admit--I'd pay big money to see the two of them go ten rounds!

And I don't even care for boxing!

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Response to MADem (Reply #14)

Fri Feb 15, 2013, 04:46 PM

15. Given his last performance, my money would be on the Tea Queen.

She'd Pawlenty him.

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Response to geek tragedy (Reply #15)

Fri Feb 15, 2013, 05:41 PM

19. Hee hee!

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Response to MADem (Reply #19)

Fri Feb 15, 2013, 05:46 PM

21. I am a bad person for enjoying the below:





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Response to geek tragedy (Reply #21)

Fri Feb 15, 2013, 09:31 PM

26. no

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Response to geek tragedy (Reply #21)

Sun Feb 17, 2013, 12:46 PM

30. Nope. Am enjoying it too and I am not American and don't like boxing.

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Response to geek tragedy (Reply #15)


Response to dkf (Original post)

Fri Feb 15, 2013, 02:21 PM

4. Manny "Westboro" Pacquiao: "It's sinful to use condoms and commit abortion"

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Response to dkf (Original post)

Fri Feb 15, 2013, 02:23 PM

5. Oh, great. Remember, he's a congressman in the Philippines.

Go Marquez.

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Response to dkf (Original post)

Fri Feb 15, 2013, 02:26 PM

7. Poor baby will only get 15 million.

My heart bleeds for him.

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Response to hrmjustin (Reply #7)

Fri Feb 15, 2013, 09:26 PM

24. I hope he needs every dime of it for medical expenses

After Marquez knocks his head off.

Bake

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Response to dkf (Original post)

Fri Feb 15, 2013, 02:30 PM

8. Tell me why ...

... I should give a flying fuck what that ass pimple does?

Or what you have to say about it, for that matter.

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Response to dkf (Original post)

Fri Feb 15, 2013, 02:32 PM

9. In that case, I hope Marquez knocks his freakin' head off in the first round.

Pain.

Greedy little shit.

Bake

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Response to dkf (Original post)

Fri Feb 15, 2013, 02:33 PM

11. So he's willing to put aside his concerns about Chinese abortion practices if it makes him money.

How principled of him. Here's looking forward to the Mauling in Macau.

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Response to dkf (Original post)

Fri Feb 15, 2013, 02:33 PM

12. He wants the benefits of WORKING in the U.S. but doesn't want to pay for it.

Sounds rather Republican of him.

Bake

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Response to Bake (Reply #12)

Fri Feb 15, 2013, 10:12 PM

29. He benefits from working in the US by demanding a fight in Macau?

Methinks he'd be deriving benefits provided by the government of Macau, which is (I confess my geography is rusty) somewhat distant from US jurisdiction.

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Response to dairydog91 (Reply #29)

Mon Feb 18, 2013, 12:46 PM

32. If not for US TV, he'd be a nobody in the gym.

Bake

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Response to dkf (Original post)

Fri Feb 15, 2013, 04:48 PM

16. So he's a typical Republican? An anti-gay bigot that likes to dodge taxes

ho-hum......

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Response to Cali_Democrat (Reply #16)

Sun Feb 17, 2013, 01:30 PM

31. He's not a resident or citizen of the US

When he fights here he pays US taxes, when not.....

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Response to dkf (Original post)

Fri Feb 15, 2013, 04:53 PM

17. Your thoughts on this?

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Response to dkf (Original post)

Fri Feb 15, 2013, 04:55 PM

18. Ah, the rich have found a new gimmick

Did they have a problem living in the U.S. when Reagan was in office and the top rate was 50 percent?

Or are they pissed that the new laws mean they actually have to pay taxes after decades of not paying their fair share?

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Response to dkf (Original post)

Fri Feb 15, 2013, 06:15 PM

22. Are you concerned? (nt)

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Response to dkf (Original post)

Fri Feb 15, 2013, 06:17 PM

23. That's kind of Un-American of him








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Response to dkf (Original post)

Fri Feb 15, 2013, 09:28 PM

25. He has the right to pick the place he fights, and for whatever reason he so chooses. Non-issue. n/t

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Response to dkf (Original post)

Fri Feb 15, 2013, 09:35 PM

27. Not that I have much sympathy for Mao

But I wonder what he would think about Communist China being the main enabler fro the rich, and their main refuge from unions?

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Response to dkf (Original post)

Fri Feb 15, 2013, 10:07 PM

28. Billions of people are exploiting American tax loopholes by denying their Americanness!

Those dastardly foreigners are exploiting a loophole in the American tax code which allows taxpayers who are not US citizens and who don't live in the US from paying any US taxes at all! Clearly, this loophole must be closed; every person in the world owes the IRS taxes, and no high-falutin' legalese about living in and being citizens of so-called "other countries" should change the fact that all human beings are automatically Murican, especially the wealthy ones.

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Response to dkf (Original post)

Mon Feb 18, 2013, 01:06 PM

33. Like others have said

 

If Pacquiao isn't a US citizen, then what exactly is the point of this thread? People here are acting as if he owes the US government something or as if he's somehow obligated to the United States in some way.

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