Phil Mickelson Money Woes

So, as I am sure everyone has heard about Phil crying about a tax increase in the State of California. Which is what, 62% or some number? Did you know that back in the Turn of the Century( the early 1900's). That the rich where taxed 90% of there income.

And really. Who cares about his tax woes! He makes enough money to debate whether or not he will buy the San Deigo Padres. Most people debate on what food to by or if they should get gas today or tomorrow so they don't pay an extra few pennies!

I personally could really care less about his tax "issues". YOU MAKE MILLIONS A YEAR! You should be taxed A LOT More anyways! I understand that he was upset but go bitch to your lawyer or tax consultant! Not to the media!

I would agree 100% to that!

His figures were wrong anyway. I read a story that it would be more like 50-51% max. If he is actually paying that amount he needs to get a new tax guy because there is no way he should have an effective tax rate more than 40%. I'm an a business accountant and have only limited tax knowledge but I think even I could keep him under the 50% range. Personally I really wish I had his problem.

mattyv wrote:

His figures were wrong anyway. I read a story that it would be more like 50-51% max. If he is actually paying that amount he needs to get a new tax guy because there is no way he should have an effective tax rate more than 40%. I'm an a business accountant and have only limited tax knowledge but I think even I could keep him under the 50% range. Personally I really wish I had his problem.

Stil 50% is quite a bit of change. But I agree if I was in that bracket I wouldn't be complaining

He tips better than any player on tour. Ill give him a pass for his gripes on this one. If tiger tried to bitch about taxes, I'd tell him to kick rocks. Cheapest guy out there!

Ya Phil is! If he hits you with a ball he drops a couple Hundred to the person he hits and a signed glove and a few other things I think.