My supervisor could not understand why I don't sympathize with Phil Mikelson's whining

[muntrv]

about paying 63% in taxes (if that is what he IS actually paying).

We were listening to the Valenti and Foster show on WXYT FM 97.1 in Detroit and Valenti said he agrees with Phil Mickelson. My supervisor said he agrees with Phil too and I said I don't sympathize with Phil.

[kairos12]

1. Mikelson is an a-hole in one.

[Zoeisright]

2. IF he's paying 63%, which I very very much doubt

That's still $13,000,000 a year, based on $30,000,000 in endorsements and $5 million in winnings. That little fucker can't get by on a million bucks a month? What a tool.

[muntrv]

4. IF he's paying 63%, he has a crappy accountant.

[TheOther95Percent]

11. Agreed. He has a crappy accountant.

The federal tax code is progressive. The top rate is 39% of adjusted gross income over X high number. He needs to get a better accountant.

[baldguy]

7. If he's paying 63% under the current laws, he should fire his financial advisor.

[Vincardog]

3. What state does he live in 39% Max federal leaves 24% he is claiming from the state?

He made the claim he needs to provide the proof.

[dkf]

16. You forgot the ACA tax...0.9% extra on income

And extra 3.8% on cap gains, interest and div income.

So...39 fed plus 3.8 ACA plus 6.2 SS plus 1.45 Medicare plus 13.3 Cali=63.75

[Vincardog]

18. Your 3.8% on Cap gains is in stead of the 39% MAX fed and not requiring 6.2 SS or 1.45 Medicare

I did not know the ACA added 0.9% to non-income tax.
I do not see how you can claim a 63.75% tax burden.

IF you add every tax won hot add the Inheritance tax?
Why not the GASoline Tax?

[Lint Head]

5. So your supervisor cares what some rich joker thinks or sympathizes with him?

Mikelson made his money in sports not as a genius scientist, engineer or financial adviser. Why doesn't he sympathize with the families of people who are dead because they couldn't afford health care?

[muntrv]

6. He responded with "63% is high for anybody. We pay too much as is." Boss does not make over

$250,000 per year.

[Blue Idaho]

8. Lefty is the forth highest paid sports figure in America

I think he made about 40 million last year including all income sources.

[muntrv]

9. Ed Schultz just covered this right now. Says even if Phil pays 63%, he takes home $17 million.

[Blue Idaho]

10. Thanks!

[indepat]

14. And Phil has accumulated his fortune in a period of time the debt of the Federal government has

mushroomed, due mostly to low income tax rates on great wealth, in large part so the Phil Michelsons of the world could quickly accumulate wealth (keep more of their own money) and equally in part, to starve the beast to give politicians an excuse to gut social security and Medicare.

[kestrel91316]

12. Nobody in the US pays anywhere near 63% of their income in taxes.

That is RW propaganda.

The top tier isn't even that high. What's the top income tier? 40%???

Mickelson needs to fire and then sue his accountant for malpractice if that's what he's paying.

[lancer78]

13. He was including...

all taxes like state income and property taxes. He lives in California which has high taxes as well. Still a whiny butt.

[okwmember]

15. I saw a discussion about this earlier today. And the point was made that golfers think differently

than other athletes because they compete individually and unlike certain team sports there are no guaranteed contracts.

All I could think is what bullshit. First off he must play with many Europeans who pay far more in taxes than Phil does. Plus if you're successful and likeable enough the endorsement money will continue long after you're no longer playing. I heard a reporter say that Arnold Palmer made 39 million last year and he hasn't played seriously in almost 2 generations.

[frylock]

17. that may be the case, but these assholes don't sacrifice their bodies by swinging a club