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Old 01-23-2013, 02:56 PM
 
Location: Austin
29,518 posts, read 16,434,557 times
Reputation: 8061

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Quote:
Originally Posted by citizenkane2 View Post
If you read his statement you wouldn't need to ask.
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Old 01-23-2013, 02:59 PM
 
Location: Austin
29,518 posts, read 16,434,557 times
Reputation: 8061
Quote:
Originally Posted by roysoldboy View Post
All kinds of golfers (countries) are playing in American tournaments and I really think that most who run those tournaments want people like Mickelson playing in their tournaments,
Actually, 100% of them want Mickelson to play in their tournament.
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Old 01-23-2013, 03:02 PM
 
Location: Austin
29,518 posts, read 16,434,557 times
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Quote:
Originally Posted by jojajn View Post
Phil retracts his tax statement.
Not true at all. Did you even read it?



Quote:
I am guessing the drug company for the drug he endorses doesn't want their product to be associated with a cheap, complaining, tax dodger.
You obviously don't know anything about Phil. I suspect it's your jealousy of somebody that has more money than you that has your panties in a knot.

And legally reducing your taxes is not "tax dodging".
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Old 01-23-2013, 03:05 PM
 
Location: Austin
29,518 posts, read 16,434,557 times
Reputation: 8061
Quote:
Originally Posted by padcrasher View Post
Typical right wingers. They worship the rich. When they do show sympathy, it's only for the rich.


It comes from believing that what you make, determines how good of a person you are. Sad.
Typical left wingers. They worship the rich like George Soros and Al Gore. But only the rich that believe in statism. They have NO sympathy for anybody and prefer to redistribute other people's money.

It comes from believing that what you make (like George Soros, Al Gore and the rich Hollywood yahoos), determines how good of a person you are. Sad.
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Old 01-23-2013, 03:05 PM
 
Location: Chandler, AZ
5,802 posts, read 5,449,830 times
Reputation: 3113
Since he's all of 42 years of age, Mickelson certainly isn't 'an angry old white guy'. I have no idea why he doesn't live elsewhere, and especially in a place such as Florida, which has no state income tax and estate tax policies which are also very modest compared to other states

Tiger Woods moved to Florida from California in 1996, just like other intelligent folks including Rush Limbaugh, Derek Jeter & lebron James; I have no idea why 'lefty' hasn't done likewise, but I'm also delighted that the lefties in both sacramento as well as in the media are furious.

California's earlier 'millionaire's tax" hasn't resulted in any increase whatsoever in revenue since it was passed in 2004, and there's no reason to expect the recently passed one will lead to a similar result.

Liberals are stupid, but we're been used to them doing really stupid things for decades, from Barney Frank to FDR to Governor Moonbeam to Dick (Professor Payday Loan King) Durbin to....
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Old 01-23-2013, 03:08 PM
 
Location: Austin
29,518 posts, read 16,434,557 times
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Quote:
Originally Posted by Mathguy View Post
I haven't gotten a single person here to even acknowledge they've heard about Denise Rich giving up her US citizenship last year to save tens of millions in taxes. It's politically uncomfortable.
I am quite aware of her situation.

These things happen all the time. Tiger Woods moved out of CA for tax reasons. Lot's of people do and we never hear about it.
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Old 01-23-2013, 03:14 PM
 
Location: Austin
29,518 posts, read 16,434,557 times
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Quote:
Originally Posted by padcrasher View Post
Why don't you take a look at the studies done that showed in every case States that raised taxes on the ultra wealthy were able to raise revenues. In California's case the number of people that fell under this tax increased 38%. They don't leave in any significant numbers like your are hinting at. Not in California, not in New York. So run along, and cry about how mean the US is to millionaires that are thriving, while the rest of the country stagnates.
Nobody is crying, but your statement is false.

Do millionaires move to avoid high taxes?

Tiger Woods admits he left California because of tax rates | Mail Online

http://www.nytimes.com/2012/11/16/gr...ax16.html?_r=0
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Old 01-23-2013, 03:15 PM
 
Location: Austin
29,518 posts, read 16,434,557 times
Reputation: 8061
Quote:
Originally Posted by ColonelStraker View Post
Phill Mickelson owns a few BUSINESSES in California. He is more than just a "golfer". Actually his opinon on taxes is more credible than Barack Obama who never ran anything or ever signed the front of a check in his life.

Yes! And Phil gives his own money to charity. Obama gives Other People's Money.
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Old 01-23-2013, 03:17 PM
 
Location: Austin
29,518 posts, read 16,434,557 times
Reputation: 8061
Quote:
Originally Posted by PullMyFinger View Post
So we are supposed to care about Phil's whining why? He gets paid millions for playing the most stupid game ever invented. I would rather watch bowling.
Then don't watch golf. Most TVs have a channel change button. And you missed the entire point. Nobody is crying for Phil. Nobody is asking you to care what Phil pays in taxes.

The point is that many wealthy people make decisions based on taxes.
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Old 01-23-2013, 03:22 PM
 
26,579 posts, read 52,109,940 times
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When you are wealthy taxes occupy more of the financial planning because most wealthy do have options.

One of the biggest is seeking out the best value and for some... the right answer could most definitely be setting up residency outside of California...

Only anecdotal... I know a CPA that moved to Nevada to die... he had terminal cancer and ran the numbers... he spent the last 2.5 years of his life a Nevada resident.

I also know several well to do folks that have very nice California homes... they are retired and make it a point to never do anything that would make them California residents.

For people to say taxes have no effect is foolish, naive or wishful thinking.
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