Liberals Barack Obama, Jerry Brown impose outrageous taxes on earnings
Championship golfer Phil Mickelson lives in California, the biggest tax-and-spend state in the nation. The state’s income tax rates were already the highest in the U.S. before Proposition 30 pounded successful residents even more. There’d be something wrong with him if he didn’t feel he was overtaxed.
But he got hammered after stating that he might have to make “drastic changes” because he was in the “zone being targeted both federally and by the state” and that it “doesn’t work for him right now.” Mickelson said, ‘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 per cent, So I’ve got to make some decisions on what I’m going to do.’
Surprisingly, those words were so controversial that he apologized for speaking them aloud, saying he “shouldn’t have spoken out on such a personal topic.”
What’s the problem with speaking the truth?
California, deeply in debt under uber-liberal Gov. Jerry Brown, is ranked as the worst run state in the nation for the second year in a row due to massive debt levels, soaring unemployment and terrible credit ratings from Standard & Poor’s and Moody’s. The state’s unemployment and foreclosure rates also contributed to its rank at No. 50, according to 24/7 Wall St. while Business Insider reports California’s colossal debt actually is 6-12x higher than previously estimated.
California native Tiger Woods has readily admitted* that he moved to Florida in 1996 to escape the state’s massive taxes on his estimated $600 million. Why not? Even Former French President Nicolas Sarkozy is talking about moving to London to avoid a potential 75 percent tax rate in his native France. Other European notables are also bidding adieu to excessive taxation.
The flap is over the fact that Mickelson has been highly successful, having earned an estimated $73 million. For him to protest the excessive rate upsets the class warfare contingent who consider it poor form for a rich guy to complain about taxes. The fact that he has long been generously philanthropic matters not at all to those who think it‘s a privilege to indebt your children, while the government takes well over half of your earnings.
Mickelson attended Arizona State University on a golf scholarship. We’d welcome him back to Arizona!