Golfer Phil Mickelson might retire because of high tax rate

One of golf’s greats might be driven into retirement, thanks to a high tax rate.

When asked about retirement possibilities during an interview on Sunday, Phil Mickelson said some “drastic changes” will come for him this year — perhaps even leaving California or the country.

“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,” the golfer said, as reported by CBS Sports.

Mickelson, who is a three-time Masters winner, said with federal and state tax, as well as disability, unemployment and the Social Security, his tax rate is 62 or 63 percent.

“So I’ve got to make some decisions on what I’m going to do,” he said. When asked, the golfer didn’t rule out leaving California or the U.S. Due to the passage of California’s Proposition 30 and the expiration of some of the Bush-era tax cuts, Mickelson’s taxes will increase considerably this year.

His interview came in La Quinta, Calif. after his final round of the Humana Challenge. Mickelson added that he would talk more about his future plans next week, when he returns home to San Diego.

Comments

Comments

  1. Lazybum says:

    Phil- you are a great guy. Put your spine back in and stick with your truths. Your real purpose, your best days, may be ahead of you, and not on the course! We need someone of your stature to speak Truth to Power Phil!!!