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.
OUCH RT“@SportsTaxMan: Mickelson is in the lead at British Open. He will pay 45% tax to UK plus 13.3% to California http://t.co/f2lJ6EEc8Z”
— WarStinkinEagle (@TuckerS80) July 21, 2013
https://twitter.com/WVU_Zack/status/358992503699017728
Phil could pay up to 50% tax on today's winnings and will also pay taxes on endorsement $ based on # of days training/playing in UK this yr
— Kristi Dosh (@SportsBizMiss) July 21, 2013
To clarify…US foreign tax credit only up to highest US rate, which is lower than highest UK rate. I'll stay out of anything more specific.
— Kristi Dosh (@SportsBizMiss) July 21, 2013
https://twitter.com/RedDevilDawg/status/358992571013402625
Regardless of exactly what the number is, it looks like it will be outrageously high.
https://twitter.com/lisarpepper/status/359012164188647425
Great Job Phil Mickelson on winning #TheOpenChampionship!
Now leave corrupt California & come to NO INCOME TAX Florida#CA #FL #TheOpen
— Naveen (@Capitalism_Rox) July 21, 2013
Punishing those who achieve is just the way the liberals who run California want it.
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