The Washington Times - April 29, 2013, 08:54AM

Legendary boxer Mike Tyson said Monday he looks forward to paying off the millions in back taxes he owes, and he conceded that he was in better financial shape during Republican administrations than he is now.

“I look forward to paying off my taxes and paying off my country — that’s my duty,” he said on “Fox and Friends.” “I understand that it’s legal extortion, but listen, I’m living in this country and learning how to pay taxes — that’s the money I pay for my life on earth.”

SEE RELATED:


Mr. Tyson also said he had more money during the administrations of Presidents Reagan and Bush (presumably President George H.W. Bush, since Mr. Tyson declared bankruptcy in 2003).

“Iron Mike” was crowned the youngest heavyweight champion in history at age 20 in 1986 and earned more than $300 million during his prolific career, but he now is busy starring in the one-man show “Mike Tyson: Undisputed Truth.” He is reportedly in millions of dollars of debt to the IRS, and in a recent HBO interview he said all his money now goes straight to the federal government.

“I don’t see none of it,” he said. “I’ll never be wealthy again. That’s a wrap. That’s history. That’s never gonna happen again.”

Nevertheless, he did leave the door open to some political activism on the side.

“I’m going to work on that one, too, with this Obama administration — [they’re] seeking this ‘Obamacare’; help us keep some money,” he said.