@SportsBizMiss Per my calc, he'll pay 60.6% tax btw UK, CA, self-employment & Obamacare (no US income tax due to foreign tax credit)—
K Sean Packard, CPA (@AthleteTax) July 21, 2013
Professional golfer Phil Mickelson won the British Open, one of golf’s four major championships, for the first time Sunday. Given that he lives in California, some are speculating that his tax rate could exceed 60 percent.
Regardless of exactly what the number is, it looks like it will be outrageously high.
Punishing those who achieve is just the way the liberals who run California want it.