Tax Is a “Legal Form of Extortion”: Years After Avoiding to Pay Nearly $57 Million in Taxes to IRS, Mike Tyson Makes Bold Statement

In a world where conversations about wealth, taxes, and fairness frequently steal the spotlight, it’s seldom that we get to hear perspectives that make us sit up and take notice. Enter Mike Tyson, the former professional boxing titan who once grappled with a nearly $57 million IRS debt, and J Balvin, the global Latin music sensation hailing from Colombia, a nation known for its tumultuous history with wealth and power.

During a recent episode of the engaging podcast Hotboxin’ with Mike Tyson, the duo ventured into an unconventional discourse on taxation that promises to challenge our preconceptions. Amid discussions of fame, music, and shared Colombian connections, a peculiar assertion about global taxation norms sparked a thought-provoking conversation. Hold onto your seats; this isn’t your everyday tax debate.

Mike Tyson and Balvin dissect global taxation norms: A surprising revelation

In the heart of the podcast episode, Tyson and Balvin delve into an intriguing conversation about the nature and implementation of taxation. Tyson, in his characteristic directness, begins, “Taxation is a form, you know, it’s a legal form of extortion, when you think about that. I believe the rich should pay taxes, but the reason why they should pay taxes is because their house is bigger than your house. So we’re going to tax that too. Come on, that’s just too much, let the guys have their house.”

Caught up in Tyson’s passionate argument, J Balvin pitches in, stating, “Columbia has the same system, my G.” DJ Whoo Kid, a little taken aback by this information, manages to exclaim, “What?” Undeterred, Balvin reaffirms his point, “Yeah, of course.”

Tyson then weaves this individual conversation into a larger narrative, concluding with a cryptic yet profound remark, “Yeah, one world order.” The conversation opened up a fascinating dialogue on global taxation systems, putting into perspective the controversial and multi-faceted issues of taxation.

Mike Tyson unveils his unorthodox approach to evading a whopping $57 million tax debt

Mike Tyson, the legendary boxer renowned for his raw strength and spectacular career, recently divulged his unconventional method of avoiding nearly $57 million in taxes. In a candid conversation with Valuetainment, Tyson shared how he managed to whittle down his astronomical tax debt from $60 million to a manageable $3 million. Despite earning millions during his peak boxing days, Tyson’s lack of restraint in his spending habits led him to accrue this staggering debt.

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His controversial approach was marked by patience, as he shared, “eventually writing taxes you don’t pay a certain amount of time like 10 years, so I don’t pay.” His strategy indeed provides a unique lens into Tyson’s handling of his financial difficulties.

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