Michelson @ British Open - Wins $1.4 million, takes home only $569,000 after taxes.

SECplayer · Jul 24, 2013

Due to UK's high taxes and his state taxes in California.

http://www.thepostgame.com/blog/dish/201307/phil-mickelson-british-open-taxes

StopDropampLOL · Jul 24, 2013

Man I wish that was my "problem."

mnmike · Jul 24, 2013

Makes no sense for him to stay in California, but if he's dumb enough to stay, and can afford it, I guess that's his right.

MattyMatt · Jul 24, 2013

mnmike said:
Makes no sense for him to stay in California, but if he's dumb enough to stay, and can afford it, I guess that's his right.

ea, I thought he was in Scottsdale, Arizona, but of course I don't know their tax laws either. He won the Tourney a week before as well, so he may still get upwards of $800k.

Defying · Jul 24, 2013

900000$ in taxes in one week is a big hit no matter how you look at it

MattyMatt · Jul 24, 2013

Defying said:
900000$ in taxes in one week is a big hit no matter how you look at it

Damn right it is....I'm sure he made that from sponsors and then some to Win a Major though, but of course, I bet they taxed the shit outta that too, or will...

mnmike · Jul 24, 2013

MattyMatt said:
ea, I thought he was in Scottsdale, Arizona, but of course I don't know their tax laws either. He won the Tourney a week before as well, so he may still get upwards of $800k.

I think he lives in San Diego, at least officially, there was a story awhile back that he was considering moving to Florida when California rammed through their last ass raping tax increase on the rich. Non tax states such as florida and Tx are the place for most of the top golfers.

Illini · Jul 24, 2013

The guy makes over 50 mil per year. I don't think he's worried about money. Just golf.

carlspackler · Jul 24, 2013

He is in the process of relocating to Florida.

milwaukeemike · Jul 24, 2013

even if you're not worried about money, collecting only 30% of prize money has to suck

Shub · Jul 24, 2013

Illini said:
The guy makes over 50 mil per year. I don't think he's worried about money. Just golf.

+1

Akillies · Jul 24, 2013

"has accountants to handle it all"

scottcarter · Jul 24, 2013

i know the feeling

SmallDaddy · Jul 25, 2013

And Americans say they are the most taxed in the world. HAHAHAHA

WorldNumberOne · Jul 25, 2013

i've always wondered what it costs to be phil or tiger every year.. meaning their yearly nut. i would guess about 5 million for phil, when you add travel , caddie, home expenses.. etc. etc..

rolltide · Jul 25, 2013

poor phil. my prayers for him and his family

aceduecetrey · Jul 25, 2013

I do not understand the people who think just because he has so much money and makes so much that he should have to pay such a % rate to taxes. I mean really, just because he is not some low life loser, he should have to pay over 50% in taxes? If the deadbeats would get a job and start helping out, maybe then this country would be in a better place.

Murphy8276 · Jul 25, 2013

StopDrop&LOL said:
Man I wish that was my "problem."

although brutal tax.. I would tend to agree here

rolltide said:
poor phil. my prayers for him and his family

-murph

Michelson @ British Open - Wins $1.4 million, takes home only $569,000 after taxes.

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