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Phil Mickelson says changes coming because of taxes

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Captain
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Posted: #26

"SMALL  HOUSE "

 
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Posted: #27

is it made out cardboard like a homeless persons?

Not being a cock, just illustrating a point.

After they are done with the rich, they will come for the middle class - oh wait they already are..........

point is the local, state and fed govts have spending problems and they refuse to tackle them and therefore you, me and every working stiff will be paying more and more regardless of how much we make per year.

I actually think you deserve your house on the golf course-you worked hard your whole life and lived within your means and I applaud you.

 
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Posted: #28
Quote Originally Posted by 14daroad:

My understanding is that he pays taxes to the states where he plays.

So I'm not sure how much moving out of California will reduce his tax liability. If, for example, he plays several tournaments there a year.

Though he certainly should move out of there.

I actually want to know the answer to this as well? Is it taxed based on the state in which he earns his prize money? 

From what I understand from the 30 for 30 episode "Broke", football players get their game check taxed upon what state that particular game occurs in. 

If not that why hasn't he moved already? Why hasn't he hired Romney's tax guys either? 
 
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Posted: #29

Or hired Buffets tax guys either

we can all play this game aalllll day long

 

 
Captain
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Posted: #30
Quote Originally Posted by lordspoint:

then does it follow that you dont need a house on a golf course when your neighbor is homeless as well?

where does the line get drawn?

 


Reminds me of something I heard years ago. It falls under Liberal Hypocrisy 101.

A land developer is someone who builds a liberals house. A greedy land developer is someone who builds someone else's house.
 
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Posted: #31
Quote Originally Posted by Ktrain:


I actually want to know the answer to this as well? Is it taxed based on the state in which he earns his prize money? 

From what I understand from the 30 for 30 episode "Broke", football players get their game check taxed upon what state that particular game occurs in. 

If not that why hasn't he moved already? Why hasn't he hired Romney's tax guys either? 

True,

NBA players are taxed STATE income tax from all applicable states that they play in as well as the state they pay thier HOME games in.

State tax should not be confused with FEDERAL tax.

 
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Posted: #32

Quote Originally Posted by bowlslit:



Are you assuming that conditions when he moved to Cali will always be the same and never change for the worse?

Maybe you're stuck in that 'things never change' paradigm because you're so used to your patients in the same condition or worse after lying on your couch for years.

 
Captain
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Posted: #33
Tiger moved out of Cali in 96 to avoid the state tax.

Woods was at Torrey Pines preparing for this weekend's PGA tournament near La Jolla, California when reporters asked if he would respond to Phil Mickelson's comments on Sunday that California's high tax rate would force Mickelson to either move out of the state or make "drastic changes" to his career. Woods said:

"I moved out of here back in '96 for that reason. I enjoy Florida but it was also...I understand what he was I think trying to say. I think he'll probably explain it better in a little bit more detail."

https://www.breitbart.com/Breitbart-Sports/2013/01/22/Tiger-CA-Taxes?utm_source=co2hog&utm_medium=feed&utm_campaign=Feed%3A+BreitbartFeed+%28Breitbart+Feed%29

 
Captain
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Posted: #34
Lords,

Or he could hire Buffets guys as well. I'm not playing any games.
 
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Posted: #35
Fair enough Ktrain - no offense my man.

Moves like Phil's will continue to happen by people from every walk of life.
 
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Posted: #36
Quote Originally Posted by Ktrain:


I actually want to know the answer to this as well? Is it taxed based on the state in which he earns his prize money? 

From what I understand from the 30 for 30 episode "Broke", football players get their game check taxed upon what state that particular game occurs in. 

If not that why hasn't he moved already? Why hasn't he hired Romney's tax guys either? 

hs tax guys couldnt be that good...  If not he wouldnt have cut-and-run like a scared coward fleeing for his life... 
 
Captain
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Posted: #37


So not only does Phil pay taxes to the state of the golf venue, he is double-taxed by California for earning that money as well.

I'd move out of that failed state very quickly.

 
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Posted: #38
Quote Originally Posted by wallstreetcappers:

Yeah I dont have much sympathy for him.

Phil has a great life, huge media contracts and would not likely repeat his earnings if he were to move to Europe.

What about the doctor or businessman who has to pay that high tax rate who doesn't have the immense wealth of Phil? This isn't really about Phil Mickelson
 
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Posted: #39
Quote Originally Posted by Ktrain:


I actually want to know the answer to this as well? Is it taxed based on the state in which he earns his prize money? 

From what I understand from the 30 for 30 episode "Broke", football players get their game check taxed upon what state that particular game occurs in. 

If not that why hasn't he moved already? Why hasn't he hired Romney's tax guys either? 


Ktrain,

After all we went through explaining to you how the tax system works you still can't comprehend that Investment income is taxed at a different rate than earned income?

What will it take to get that through your melon?
 
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Posted: #40
It is revolting that someone can think it is ok for the Government to confiscate $30,000,000 out someone's $50,000,000 in earnings. Liberalism is truly a mental disorder!
 
Captain
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Posted: #41
Bowl,

Explain to me how athletes/entertainers, who earn their income in different states or countries, are taxed. I apologize for not being the tax expert that you are on this subject.

Like I asked earlier, is Phil taxed differently for each state he earns prize money in?

Since you such an expert on the matter and I am so far below your level of expertise on this subject, you can answer that or me?

Thanks in advance for dropping knowledge on me Bowl. I apologize for not knowing this and asking questions about a subject I am uninformed about. I will try not to do this in the future.

(hand shake)
 
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Posted: #42
Ktrain,

You got a salty response from me because we went through this already and you made a remark about him hiring Romney's tax guy.

Romney paid more than his fair share and by all means way more than all of us put together.

I already explained this already in post #31.

Professional athletes must file taxes in each state (that has a state income tax) they perform in.

They must also file federal taxes for each country they perform in.

If they make money off of investments then they pay a smaller percentage because that money has already been taxed by the federal government or applicable states.
 
Captain
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Posted: #43
Bowl,

Thanks for answering the question without being a d-i-c-k about it this time.

The rest of your explanation of investment income vs earned income is unnecessary because that's not what I asked.

Maybe if you can provide answers/insight without being an asshole you wouldn't get so many people in here giving you crap(I fuckin' hate this PG rated Covers now).

(handshake)
 
Captain
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Posted: #44
My fault or missing your post earlier btw.
 
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Posted: #45
The rest of your explanation of investment income vs earned income is unnecessary because that's not what I asked.


Mittens made most of his money on investments. That's why the explanation was needed.
 
Captain
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Posted: #46
It really wasn't and your need to try an attack me after you answered my question really wasn't necessary.

But hey, if that is who you are then so be it. Have a good day.
 
Legend
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Posted: #47
Quote Originally Posted by don juan:

Don't get carried away with this.In reality he is paying about 50%, no more.

He can do what I did, move to Florida and buy a big house on a lake, and when his children are grown, move into a smaller house on a golf course. That's what I did. We are completely happy.

As for his millions, he doesn't need that much when your neighbor is homeless. It's a nightmare anyway worrying about who's going to take your money. It's like winning the powerball for 300 million., you don't know who your friends are.


 How would you know what he pays?

 You are missing the point here............but I'm sure Phil will heed your advice because you two have so much in common.
 
Captain
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Posted: #48
Hey Phil,
  No need to apologize!!  You are paying 63% to the government.  Move out of there like Tiger did.....
 
 
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Posted: #49
look at phil's wife, a former cheerleader, she would have crossed the road to avoid him if he didnt have $

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