Jay Z showed his respect for late South African leader Nelson Mandela at his show in Los Angeles on Monday (December 9) at the Staples Center.
"A great man, spent 27 years in prison, came out to be a President. All dreams are possible," said Jay. "Tonight I’m living my dream in front of ya’ll. So anybody out there got a dream ya’ll chase that motherf*cker down as hard as you can."
Jay then performed "Forever Young."
Mandela passed away last Thursday at age 95.
Check out the official music video for the talented Amina Buddafly’s single "Don’t Wanna Be Right." The song is taken from Amina’s forthcoming EP entitled I Am Pt. 2, which will be released on December 17.
Written and Performed by Amina Buddafly
Manny Pacquiao might owe the largest amounts of income tax between two countries in history.
TMZ reports that the Filipino boxer owes the U.S. Internal Revenue Service $18,313,668.79. The government alleges Pacquiao failed to pay his taxes from 2006-2010.
Here’s the breakdown:
2006 — $1,160,324.30
2007 — $2,035,992.50
2008 — $2,862,437.11
2009 — $8,022,915.87
2010 — $4,231,999.01
That’s just the beginning of Pacquiao’s financial disater. The Associated Press reports that the Bureau of Internal Revenue in Pacquiao’s home country of the Philippines says he failed to pay his taxes in 2008-2009.
The amount he owes there is a staggering 2.2 billion pesos ($50 million) in back taxes.
Rumors have followed Pacquiao for years alleging he spends his money freely and has to continue fighting to survive, but how he got into this nightmarish tax situation should be looked into. Does he have financial advisers? It’s a question that needs to be answered.
The Philippine government has placed a lien on one of Pacquiao’s most expensive properties in Manilla and have frozen his bank accounts, and those of his wife.
Pacquiao claims that there is a treaty that prevents double taxation and has asked that his bank accounts be unfrozen.
”I appeal to them to remove the garnishment so that I can move and pay for my staff’s salaries,” Pacquiao told reporters in his southern hometown of General Santos city. ”I am not a criminal or a thief.”
He also disputes the amount owed to the United States. He believes that if that were true he would have been arrested during one of his many trips to the country.