Once football is over Mr. LC likes watching golf. Well, thanks to the big taxing democrats there may be one less American golfer for him to root for. Phil Mickelson says that he needs to re-think his career thanks to the tax code. Not only is he a victim of the federal tax code, but also California’s. The man’s been through a lot in the past few years, who can blame him for thinking it’s a waste of time to keep it all up?
PHIL MICKELSON: Well, it’s been an interesting offseason. And I’m going to have to make some drastic changes. I’m not going to jump the gun and do it right away, but I will be making some drastic changes.
Q. Meaning leaving from California?
PHIL MICKELSON: I’m not sure.
Q. Moving to Canada?
PHIL MICKELSON: I’m not sure what exactly, you know, I’m going to do yet. I’ll probably talk about it more in depth next week. I’m not going to jump the gun, but there are going to be some. There are going to be some drastic changes for me because I happen to be in that zone that has been targeted both federally and by the state and, you know, it doesn’t work for me right now. So I’m going to have to make some changes. ….
PHIL MICKELSON: Yeah. I’ll probably go into it more next year or next week. But if you add up, if you add up all the federal and you look at the disability and the unemployment and the Social Security and the state, my tax rate’s 62, 63 percent. So I’ve got to make some decisions on what I’m going to do.
Q. How do you balance that against the TOUR’s retirement plan which by all standards is the best retirement plan in sports?
PHIL MICKELSON: I don’t understand. What do you mean?
Q. Well, I mean I understand the 60 percent part of the equation, but in the TOUR’s plan, you guys put about as much money aside as you want. It’s treated differently under tax laws than most anybody else’s tax plans. Where most people can only put away $45,000 or $50,000, you guys can put as much away as you want. And so at the end you guys end up with a much larger pot of gold than most people can.
PHIL MICKELSON: But when it comes out, it’s still taxed at the same 62 percent rate.
TRANSLATION: Why work my tail off if I’m still going to be taxed at 62%?
Via Twitchy
I guess we can just chalk this off to another one of the sorry #ObamaAccomplishments. Iwould tweet more about that, but Twitter has given me a time out.
Mr. Mickelson gives lots to charity. Move out of California for starters Phil. We the people need to cut the money flow to the federal government. Wake up America.
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When they can’t tax you anymore, they will go after pensions, then property, and then you
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“TRANSLATION: Why work my tail off if I’m still going to be taxed at 62%?”
Playing golf isn’t work.
Next?
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And your definition of work? Next?
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[...] take more than 60% of his income. All this so Obama and the libs in California can redistribute his hard work to slackers. Makes all the sense in the world, those that work their tail off, to have the fruits [...]
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Another disturbing thing happened watching golf on Saturday. I was assailed by lengthy message from Bill Clinton bragging about one of his “charities” at least 3 times in the couple hours I watched. There is nowhere to escape the unending drumbeat of left wing garbage anymore. Super Bowl day may be a good day to play golf and get loaded.
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The author of the piece this post is based on says his article was a joke. It was totally “tongue in cheek” !
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“TRANSLATION: Why work my tail off if I’m still going to be taxed at 62%?”
Golf isn’t work.
Next?
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Good for Phil. I’ve always admired him for being a great golfer who never let it go to his head. He is a genuinely good man and he is just honestly saying what many others are thinking.
No successful person can afford to stay i California while Moonbeam sucks them dry. And now the same can also be said of the federal government. While the serf class, the rest of us scrapes by, the political elites and Michelle are consuming three thousand calorie lunches. What a disgrace.
I wish Phil the best and hope he still plays the game somewhere. I don’t care if he is representing Canada or wherever, he is still a fine golfer and a good role image for developing golfers. It’s just a shame that government is just so, well, stupid.
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[...] StateJanuary 22, 2013By Lonely ConservativePhil Mickelson must have taken some serious flack for complaining about high tax rates, because the next thing you know, he was apologizing. All he did was speak his mind, but [...]
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