AT 13%, TO PAY FOR NONSENSE, TO PAY FOR CORRUPTION, TO PAY FOR INEFFICIENT, INEFFECTIVE POLICIES…I WOULDN’T LIVE THERE
For golf legend Phil Mickelson, the low 60s makes for a great score on the links — and a lousy tax rate in his home state of California.
Mickelson said “drastic changes” are ahead for him due to federal and California state tax increases that have pushed his tax rate to what he figures adds up to “62, 63 percent.” The left-hander will talk more about his plans — possibly moving out of California or even retiring altogether — before his hometown Farmers Insurance Open, the San Diego-area event that begins Thursday at Torrey Pines.
SOURCE: https://www.foxnews.com