Found January 21, 2013 on RJ's Fro:
Last year, Mickelson flirted with becoming a part-owner of the San Diego Padres franchise, which sold for $800 million in August. He was asked Sunday whether there was a correlation between the tax increases and what happened to the Padres' deal. "Absolutely," Mickelson said.   In November of 2012 Prop 30 was passed in the State of California. It was one of the first tax rate hikes in years and it passed by over 10%. The people were lead to believe that it would all go towards education and mainly the upper class would be the one taking a hit.  Well rumor has it the schools are going to get shortchanged and fellow San Diegan Phil Mickelson is in that upper class and has been hit hard by it. So hard in fact, that it caused him to pass on the Padres ownership spot and a move out of California could be in the cards. After being silent and given no explanation, it's interesting to hear the real reason why Mickelson bailed on the ownership spot. It a...
THE BACKYARD
BEST OF MAXIM
AROUND THE WEB
RELATED ARTICLES

Golfer Phil Mickelson Should Get H&R Block As A Sponsor, They Will Save Him Money On Taxes.

Phil Mickelson found it necessary to make a comment today about the comment he made about paying his taxes in California. Who can blame him? Like many American’s Mickelson is paying a ton of money out in taxes. The guy has made 70 million dollars on the PGA tour and with the new tax laws in California, he is scheduled to pay 62% of his income in taxes. Phil also brought in 40...

Phil Mickelson Threatens To Retire Over High Tax Rates Then Apologizes

Ever since I left my beloved Texas I have been dreading filing my taxes. Although I’m not rich I imagine that’s how Phil Michelson is feeling at this moment. Michelson has a network of 150 million dollar, but in order to keep every shiny cent in his pocket he is considering moving to another state or walking away from golf altogether. California voted to increase taxes on incomes...

Phil Mickelson Might Retire Due to Tax Increases

Phil Mickelson is not a very happy camper when it comes to the new taxes he's getting charged.  Mickelson is worth an estimated 150 million according to celebrity net worth.  Not a bad chunk of change to say the least.  He's a California resident and he talked about moving out of the state or retiring from golf all together. “There are going to be some drastic changes...

Mickelson apologizes for tax talk

Phil Mickelson didn't wait for his normal pre-tournament press conference to address his comments about looming tax questions that he will face in his native California. On Tuesday morning, he released this statement: "I know I have my usual pre-tournament press conference scheduled this week, but I felt I needed to address the comments I made following the Humana Challenge...

Is Phil Mickelson considering leave from country in response to tax hikes?

Pro golfer Phil Mickelson has collected over $73 million in career earnings, according to Forbes magazine. This doesn't even include the roughly $40 million he receives in endorsement money per year. Basically, Mickelson is one of the highest paid athletes in the world of sports. However, the recent federal and state tax hikes have the 42-year old promising "drastic changes...

Mickelson plans 'drastic changes' over taxes

Phil Mickelson has hinted at a move away from California, perhaps the United States and maybe even away from golf as he seeks to escape punitive tax rates. ''It's been an interesting offseason,'' Mickelson said Sunday after the final round of the Humana Challenge. ''And I'm going to have to make some drastic changes. I'm not going to jump the...

Tax bite: Mickelson's 'drastic changes'

Phil Mickelson gave a civics lesson after his play Sunday in the final round of the Humana Challenge. The lecture: I'm not going to pay more in taxes than I can take home to my wife and kids. As a longtime California resident, Mickelson vented after shooting a final-round 66 for a 17-under 271 total and tie for 37th in his 2013 debut. Last fall, Californians approved Proposition...

Phil Mickelson biatches about taxes

Have you seen your paycheck shrink during the first 3 weeks of 2013? Of course you have -- fiscal cliff avoided but...your SS taxes are up. Phil Mickelson, with a net worth of nearly $200 million... Full story at Bob's Blitz ~ http://www.bobsblitz.com

Phil Mickelson Backtracks on Statements About American Tax Codes

SAN DIEGO — Phil Mickelson says he should have kept his opinions on taxes to himself. Mickelson had suggested “drastic changes” were in store for him — perhaps moving from his native California — because of changes in federal and state taxes that he says tap into more than 60 percent of his income. He said it “absolutely” was a factor in deciding against becoming part...

Mickelson says he was insensitive

Phil Mickelson is relying on some self-deprecating humor and his worst moment in golf to stop the chatter about his taxes. Mickelson caused a sensation earlier this week by saying new federal and state tax rates kept him from being part of the San Diego Padres' new ownership group and might force him to move away from his native California. He has referred to the 2006 US Open...

Tiger Woods Comes To Phil Mickelson’s Side On California State Tax Issue

Tiger Woods, the man who made 100 million dollars just in PGA tour earnings, came out and said he can sympathize with Phil Mickelson. Woods has admitted to leaving California and moving to Florida in 1996 because of the higher California state tax. Woods has made hundreds of millions of dollars because of his fame on the PGA tour. He said Mickelson may be able to explain things better...

Phil Mickelson hints at retiring because of increased taxes

In an interview on President Barack Obama’s inauguration day, Phil Mickelson hinted at potentially retiring because of the increased taxation that he will face in now.“I’m not going to jump the gun and do it right away, but 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...

3 Big Stars, 3 Big Headscratchers

“Wow!” This was the expression that was swirling in my mind last Wednesday, Friday, and Sunday, but for completely different reasons. via sirshanksalot.com On Wednesday, I was contemplating finally being able to see Rory McIlroy, Tiger Woods, and Phil Mickelson tee it up in 2013. These are arguably golf’s biggest stars and they shared the same weekend together, although only...
Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.