MICKELSON SORRY FOR RANT OVER CALIFORNIA TAXES
FROM THE DAILY TELEGRAPH WEBSITE
Tiger Woods has sided with Phil Mickelson revealing that California’s tax
rules forced him to quit his home state.
By JAMES CORRIGAN
Tiger Woods has sided with Phil Mickelson revealing that California’s tax
rules forced him to quit his home state.
Mickelson felt obliged to issue an apology on Tuesday after causing
controversy at the weekend with his threat to make “drastic changes” because
of increases in the federal and California tax rates.
Some experts even speculated that the 42-year-old was about to retire from the
game, although as he is estimated to have earned more than $45m in 2012 that
must be doubted. Following Woods to Florida, where there is no state income
tax, is a far more likely move.
Mickelson claimed he would be paying more than 60 per cent of his income. “If
you add up all the federal and you look at the disability and the
unemployment and the Social Security and the state, my tax rate’s 62, 63 per
cent,” Mickelson said at the Humana Challenge, where he finished 37th.
“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, it doesn’t work for me right now.” Inevitably, Mickelson came in for
criticism from sections of the media. The four-time major winner indicated
he would go into further depth about what these “changes” may amount to in
his scheduled press conference at the Farmers Insurance Open near his home
in San Diego. But the statement from his PR team specified this would not
now be the case.
“Finances and taxes are a personal matter and I should not have made my
opinions on them public,” Mickelson said. “I apologise to those I have upset
or insulted and assure you I intend to not let it happen again.”
The world No 2 does not understand why Mickelson should apologise. “I moved
out of here [California] back in ’96 for that reason,” Woods said at his own
press conference.
Woods tees it up at the scene of his famous 2008 US Open win after missing the
cut last week in Abu Dhabi. Meanwhile the Qatar Masters begins today in
Doha, where the field includes Justin Rose, Sergio Garcia and last year’s
winner Paul Lawrie
Woods tees it up at the scene of his famous 2008 US Open win after missing the cut last week in Abu Dhabi. Meanwhile the Qatar Masters begins today in Doha, where the field includes Justin Rose, Sergio Garcia and last year’s winner Paul Lawrie
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