Nick Diaz: 'I've never paid taxes in my life, I'm probably gonna go to jail' - MMA Forum - UFC Forums - UFC Results - MMA Videos
UFC The Ultimate Fighting Championship (UFC) is a U.S.-based mixed martial arts organization, recognized as the largest MMA promotion in the world. The UFC is headquartered in Las Vegas, Nevada and is owned and operated by Zuffa, LLC. This promotion is responsible for solidifying the sport's postion in the history-books. UFC is currently undergoing a remarkable surge in popularity, along with greater mainstream media coverage. UFC programming can now be seen on FOX, FX, and FUEL TV in the United States, as well as in 35 other countries worldwide.

Reply

Old 03-18-2013, 11:55 AM   #1 (permalink)
Bantamweight
 
Join Date: Oct 2012
Location: Canada, West Coast
Posts: 702
onip69 Is True Champion Of Knowledgeonip69 Is True Champion Of Knowledgeonip69 Is True Champion Of Knowledgeonip69 Is True Champion Of Knowledgeonip69 Is True Champion Of Knowledgeonip69 Is True Champion Of Knowledgeonip69 Is True Champion Of Knowledgeonip69 Is True Champion Of Knowledgeonip69 Is True Champion Of Knowledgeonip69 Is True Champion Of Knowledgeonip69 Is True Champion Of Knowledge
Nick Diaz: 'I've never paid taxes in my life, I'm probably gonna go to jail'

Quote:
Nick Diaz following UFC 158: 'I've never paid taxes in my life, I'm probably gonna go to jail'


By Brent Brookhouse on Mar 18 2013, 10:00a


Nick Diaz claims he has never paid taxes following his loss to Georges St. Pierre at UFC 158. Given that he has made roughly $800,000 just in disclosed pay since 2011 (not counting the GSP fight), Diaz could very well be in serious trouble.


Nick Diaz's behavior following his loss to Georges St. Pierre at UFC 158 has been somewhat predictable. Following a fairly lopsided loss, Diaz once again decided that he should retire. He also spoke in the cage following his loss and at the press conference, saying he didn't want to make excuses, followed by making a list of excuses.

That kind of behavior is expected from Diaz.

What isn't, however, is Nick announcing to the world at the press conference that he's never paid taxes.Here's the quote from our transcript of the post fight presser:


Media Member: "If you don't retire and you do stay with this, it sounds like not being fully happy with your team, where you're at, and if you did stay with this, what would you do? Would you change teams, would you..."




Quote:
Diaz: "No, I can't be jumpin' teams. I just have to invest a little more...you know, now that I have a little bit more...you know, I've never paid taxes in my life, I'm probably gonna go to jail. (media laughs) That's not because I don't have, that's not because - what, nobody wants to hear about that, nobody wants to hear about that kind of talk, or what's really going on with me. But I might as well just be a kid, you know, I've had fight after fight after fight after fight, you know. You don't know what that does to someone who didn't graduate high school. You don't understand. Everyone has to take that - well, nobody has to do shit, but you can take that into consideration for a second, think about what three fights a year will do to you your whole life. And the only time you have some time off is, like a vacation, everyone's telling you you're this piece of shit, suspended, you know, you ain't fightin' this guy, you ain't fightin' that guy. You're gonna come back and have to dance around with a bunch of hard-hitting people. It's just not...it's just...it's a rough sport."
ESPN had some thoughts from Dana White on the situation:


Quote:
"At the end of the day, Nick has been in the sport forever. He wanted a shot at the title, he got a shot at the title and he got paid a lot of money for it. What's sad is he better go pay those taxes, a soon as he gets that check."
White said he may speak to Diaz's lawyer to see if he can help.

Here are a list of Diaz's disclosed payouts since 2011:



●vs. Carlos Condit at UFC 143 - $200,000
●vs. B.J. Penn at UFC 137 - $200,000 + $75,000 fight of the night bonus
●vs. Paul Daley at Strikeforce - $175,000
●vs. Cyborg Santos at Strikeforce - $150,000



That's right around $800,000 just in disclosed pay, not counting this weekend's bouts. If Diaz truly has not paid taxes on any of that money, he could be in a world of trouble.

The IRS is also very consistent about going after people who challenge them publicly, so if he hasn't paid, he's almost certainly going to get caught now.

http://www.bloodyelbow.com/2013/3/18...aid-taxes-jail
onip69 is offline   Reply With Quote
Sponsored Links
Advertisement
 

Old 03-18-2013, 12:18 PM   #2 (permalink)
Don't Sweat the Technique
 
St.Paul Guy's Avatar
 
Join Date: Mar 2011
Location: Duluth, MN
Posts: 1,660
St.Paul Guy Is Destined For GreatnessSt.Paul Guy Is Destined For GreatnessSt.Paul Guy Is Destined For GreatnessSt.Paul Guy Is Destined For GreatnessSt.Paul Guy Is Destined For GreatnessSt.Paul Guy Is Destined For GreatnessSt.Paul Guy Is Destined For GreatnessSt.Paul Guy Is Destined For GreatnessSt.Paul Guy Is Destined For GreatnessSt.Paul Guy Is Destined For GreatnessSt.Paul Guy Is Destined For Greatness
I've seen this a thousand times. Guys who come from bad neighborhoods with nothing make it big, but have no idea how personal financing works.

Just another way our educational system is failing.
__________________



Sig credit: MC

~ Lifetime Membership sponsored by RustyRenegade ~
St.Paul Guy is offline   Reply With Quote
Old 03-18-2013, 12:21 PM   #3 (permalink)
Lightweight
 
locnott's Avatar
 
Join Date: Mar 2009
Location: DFW
Posts: 1,603
locnott is on another level nowlocnott is on another level nowlocnott is on another level nowlocnott is on another level nowlocnott is on another level nowlocnott is on another level nowlocnott is on another level nowlocnott is on another level nowlocnott is on another level nowlocnott is on another level nowlocnott is on another level now
Maybe he wil be locked up with Wesley Snipes and can pick up some pointers..














jk, speaking from personal experiences the f*cking IRS will get their money without exception. I think California has a state income tax on top of federal taxes. Sucks to be in Nicks position if he really has never paid any taxes..
locnott is offline   Reply With Quote
Old 03-18-2013, 12:27 PM   #4 (permalink)
-Team Tate-

 
CupCake's Avatar
 
Join Date: May 2008
Location: Milton Keynes, UK
Posts: 7,204
Blog Entries: 13
CupCake Is UntouchableCupCake Is UntouchableCupCake Is UntouchableCupCake Is UntouchableCupCake Is UntouchableCupCake Is UntouchableCupCake Is UntouchableCupCake Is UntouchableCupCake Is UntouchableCupCake Is UntouchableCupCake Is Untouchable
I'm calling BS! He complains about his pay all the ******* time, if he's telling the truth he's severely f*cked himself over this time.

Either he has no financial awareness, or he's an immature, liying shit who wants a bit of attention on himself as he certainly ain't getting the attention from being a Champion!

I think it's a BS attempt to look rebellious and get the headlines back on himself again...what a sad lowlife.
__________________
VIPFFL: Miesha Tate//Ronda Rousey//Mike Pyle//Ian McCall//Rick Hawn
CupCake is offline   Reply With Quote
Old 03-18-2013, 12:30 PM   #5 (permalink)
The Fun Police

 
Killz's Avatar
 
Join Date: Oct 2009
Location: UK... Where the sun never shines.
Posts: 10,076
Blog Entries: 1
Killz Is A God Among MenKillz Is A God Among MenKillz Is A God Among MenKillz Is A God Among MenKillz Is A God Among MenKillz Is A God Among MenKillz Is A God Among MenKillz Is A God Among MenKillz Is A God Among MenKillz Is A God Among MenKillz Is A God Among Men
For someone who moans about how bad he has it, Nick Diaz sure does make a lot of money.
__________________


"You see a mousetrap and I see free cheese and a f**king challenge" ~ Scroobius Pip

My Super FFL Team That Most Definitely Isn't Going to Come 2nd Last This Year!
Jose Aldo • Carlos Condit • Hector Lombard • Edson Barboza • Anthony 'Rumble' Johnson
Killz is offline   Reply With Quote
Old 03-18-2013, 12:43 PM   #6 (permalink)
YNWA
Image and video hosting by TinyPic
 
Spite's Avatar
 
Join Date: Jul 2009
Location: Great Britain
Posts: 1,782
Spite Is Beyond A Rankings SystemSpite Is Beyond A Rankings SystemSpite Is Beyond A Rankings SystemSpite Is Beyond A Rankings SystemSpite Is Beyond A Rankings SystemSpite Is Beyond A Rankings SystemSpite Is Beyond A Rankings SystemSpite Is Beyond A Rankings SystemSpite Is Beyond A Rankings SystemSpite Is Beyond A Rankings SystemSpite Is Beyond A Rankings System
I'm not sure how well looked after Nick Diaz is out of the octagon. It maybe he has people looking after this side of things for him, but I'm pretty sure he hasn't got a clue exactly whats happening with his cash.

For as good a fighter as he is he really is vulnerable in basic life matters like this. The UFC should investigate this on his behalf and appoint financial advisers on his behalf if they believe he is being screwed or just not taking care of his money properly.

I'm not a big Nick Diaz fan, but I'd hate to see him he broke, or ripped off after putting his health on the line.
Spite is offline   Reply With Quote
Old 03-18-2013, 12:55 PM   #7 (permalink)
Bantamweight
 
GlasgowKiss's Avatar
 
Join Date: Sep 2010
Location: Glasgow, Scotland
Posts: 702
GlasgowKiss is on another level nowGlasgowKiss is on another level nowGlasgowKiss is on another level nowGlasgowKiss is on another level nowGlasgowKiss is on another level nowGlasgowKiss is on another level nowGlasgowKiss is on another level nowGlasgowKiss is on another level nowGlasgowKiss is on another level nowGlasgowKiss is on another level nowGlasgowKiss is on another level now
There is no way in hell that he would say this, if it were true. Is there ?

Diaz is stupid, but this would be beyond stupid. Most likely a flippant comment designed to create attention.
__________________
Total Tottenham
http://www.totaltottenham.com/forum/index.php

Supporting - Machida, Edgar, Mitrione, Pickett, Cruickshank, Wiman, Lauzon, Falcao, Belcher, Korean Zombie, Palhares, Hendricks

Retirees - Lytle, BJ Penn, Hackney,
GlasgowKiss is offline   Reply With Quote
Old 03-18-2013, 01:08 PM   #8 (permalink)
Super Heavyweight
 
joshua7789's Avatar
 
Join Date: Apr 2009
Posts: 4,316
joshua7789 Is Beloved By Alljoshua7789 Is Beloved By Alljoshua7789 Is Beloved By Alljoshua7789 Is Beloved By Alljoshua7789 Is Beloved By Alljoshua7789 Is Beloved By Alljoshua7789 Is Beloved By Alljoshua7789 Is Beloved By Alljoshua7789 Is Beloved By Alljoshua7789 Is Beloved By Alljoshua7789 Is Beloved By All
Quote:
Originally Posted by St.Paul Guy View Post
I've seen this a thousand times. Guys who come from bad neighborhoods with nothing make it big, but have no idea how personal financing works.

Just another way our educational system is failing.
Good call, blame our schools instead of the grown ass man who decides not to pay his taxes. He clearly knows that he is supposed to pay his taxes and he doesnt. That is obviously the schools fault, not his.
joshua7789 is offline   Reply With Quote
Old 03-18-2013, 01:12 PM   #9 (permalink)
Number 1 Nerf-Herder
 
Dr Gonzo's Avatar
 
Join Date: May 2010
Posts: 2,127
Dr Gonzo Is A BallerDr Gonzo Is A BallerDr Gonzo Is A BallerDr Gonzo Is A BallerDr Gonzo Is A BallerDr Gonzo Is A BallerDr Gonzo Is A BallerDr Gonzo Is A BallerDr Gonzo Is A BallerDr Gonzo Is A BallerDr Gonzo Is A Baller
He's not alone.

Quote:
In response to the Occupy Wall Street outcry over wealth and income inequality in America, conservative politicians and organizations are quick to point out that the richest Americans pay the largest share of taxes. For example, the top 20 percent of Americans earn 53.4 percent of the total U.S. income, but pay 67.2 percent of total income tax [source: Tax Policy Center]. To drive the point home, conservatives express shock at the fact that more than half of all Americans pay no Federal income tax at all. Occupy Wall Street may be the "99 percent," but let's give some credit to the "53 percent" who keep the country in business, right? But is this statistic true?

In 2009, according to a memo from the Joint Committee on Taxation, a bi-partisan Congressional committee, only 49 percent of Americans owed money on their Federal income tax returns [source: PolitiFact]. So yes, it's true that more than half of all Americans paid no Federal income tax in the tax year 2009, and the number of people who did pay taxes was even lower -- 51 percent, not 53 percent. For tax year 2011, the non-partisan Tax Policy Center estimates that only 54 percent of Americans will pay Federal income tax.

As with any statement of this nature, there are some qualifiers and distinctions to be made. First of all, these numbers refer to Federal income taxes, not all income taxes and withholdings. Most workers have money withheld from each paycheck as mandatory contributions to the Social Security and Medicare trust funds. If you're self-employed, you pay 15.3 percent of your gross earnings in so-called payroll taxes. If you're employed by someone else, you pay 7.65 percent and your employer pays the same amount [source: Social Security Administration]. Many workers are also subject to state and local income taxes, property taxes and sales taxes, in addition to Federal income taxes [source: Khimm].

That said, why don't 49 percent of Americans owe any federal income tax on April 15th? There are two main reasons: income level and tax benefits. The tax system in the United States is designed to be progressive, meaning that higher incomes are asked to pay a larger percentage in taxes. If your income level is relatively low, standard deductions and exemptions can quickly lower your tax burden to zero. According to the Tax Policy Center, a non-partisan research center, a family of four earning $26,400 a year will pay no taxes because the $11,600 standard deduction plus four exemptions of $3,700 each will lower their taxable income to zero [source: Williams].

Roughly half of Americans who pay no Federal income tax do so because they simply don't earn enough money. The other half doesn't pay taxes because of special provisions in the tax code that benefit certain taxpayers, notably the elderly and working families with children. For example, the tax code excludes a portion of Social Security income and gives larger standard deductions and tax credits to the elderly. And many working families with children qualify for both the child credit and the earned income tax credit. Together, the elderly and working families with children account for 74 percent of all nontaxable households that aren't excluded by income level alone [source: Williams].

So who are the 49 percent of Americans who don't pay income taxes? The vast majority are the lowest income households, the elderly and young working families with children.
http://money.howstuffworks.com/only-...income-tax.htm
__________________




I used to be Tyson Fury but now I'm not.
Dr Gonzo is offline   Reply With Quote
Old 03-18-2013, 01:19 PM   #10 (permalink)
Super Heavyweight
 
Join Date: Sep 2008
Posts: 4,081
420atalon Is Destined For Greatness420atalon Is Destined For Greatness420atalon Is Destined For Greatness420atalon Is Destined For Greatness420atalon Is Destined For Greatness420atalon Is Destined For Greatness420atalon Is Destined For Greatness420atalon Is Destined For Greatness420atalon Is Destined For Greatness420atalon Is Destined For Greatness420atalon Is Destined For Greatness
Quote:
Originally Posted by St.Paul Guy View Post
I've seen this a thousand times. Guys who come from bad neighborhoods with nothing make it big, but have no idea how personal financing works.

Just another way our educational system is failing.
You actually think Nick and others like him paid attention or even attended school etc to have any idea about this?...

It is true that they don't really teach taxes but everyone knows about income tax and if they can't be bothered to learn how to do it themselves can easily get it done 3rd party.
420atalon is offline   Reply With Quote
Reply



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On

VerticalSports
Baseball Forum Golf Forum Boxing Forum Snowmobile Forum
Basketball Forum Soccer Forum MMA Forum PWC Forum
Football Forum Cricket Forum Wrestling Forum ATV Forum
Hockey Forum Volleyball Forum Paintball Forum Snowboarding Forum
Tennis Forum Rugby Forums Lacrosse Forum Skiing Forums
Copyright (C) Verticalscope Inc SEO by vBSEO 3.3.2
Powered by vBulletin Copyright © 2000-2009 Jelsoft Enterprises Limited.
vBCredits v1.4 Copyright ©2007, PixelFX Studios