Local boy made good Phil Mickelson made some off-hand comments (which he has since taken a mulligan on) about how The Socialism is taking all of his money and probably blowing it on food for The Poors instead of worthwhile things like, for example, the city owned municipal course where he honed his skills as a young lad. Now he is going to have to make “drastic changes” like Going Galt or maybe having to sneak onto Mission Bay Golf Course late at night like we used to do and wading in the water hazard looking for golf balls.
Tell us your sad story, Phil:
“If you add up all the federal and you look at the disability and the unemployment and the Social Security and the state, my tax rate’s 62, 63 percent,” he said. “So I’ve got to make some decisions on what I’m going to do.
He acknowledged that he could end up leaving his home state of California. And he further agreed that the financial issues were the reason why he pulled out of an ownership team that purchased the San Diego Padres back in August.
“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,” he said. “So I’m going to have to make some changes.”
Forget for the moment that the 63% tax rate he mentioned might be inflated a little, Mickelson is already divesting himself of his properties in Communistifornia. Here is the view from the home that he recently sold in Mitt Romney’s new neighborhood for $2.7 million :

…and this is his other home located a mere twelve miles east of the La Jolla residence:

Set on a private, 4.88-acre bluff overlooking the city, the Mickelsons’ home offers approximately 9,500-square-feet of living space spread over a single level. It includes a total of five bedrooms and seven baths, along with amenities like a steam room, sauna and safe room. Use of gold finishes, imported Calcutta marble and gothic fireplaces made of hand-carved Cantera stone add to the home’s Spanish Colonial motif, giving it an Old World European feel. The master suite adjoins the gym and includes a private sitting area and fireplace, while the master bath boasts a shower decorated in handmade mosaic tile that features a unique curved-glass enclosure. Wrapped in lush trees and foliage, the rear of the property offers an outdoor kitchen and patio area, swimming pool, and the one thing a world class golfer should never be without, a putting green.
…and it can be yours for a cool $7.095 million.
It’s a shame Mickelson didn’t make his comments sooner, because the Wall Street Journal could have saved on hiring a graphic artist and just run the photo from the Phil Mickelson family Christmas card.
I bet they hired Dorothea Lange to shoot it…




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I hear Russia is looking for big fat bloated has beens*
*like Depardieu.
Saw this earlier today. Phil Mickelson went to my alma mater (Sun Devils Represent), so I’d kept at least a casual interest in his golf career going as I remember him at ASU.
Lost a ton of respect for him today. Sounds like he wasn’t long for California anyway.
He has two or more homes (and will soon have the cash from sale of two), one of them has gold finishes (on what are the gold finishes, I wonder?) and the taxes “don’t work for him?”
Where do these entitled schmucks get the nerve to talk this way? Oh, never mind. Let’s try ignoring him.But it’s good to know he’s this kind of an asshole.
He went to the same high school I sent my daughter to.
My La Jolla dentist (I only go to him for certain complicated stuff bc he’s expensive) was whining about poor poor poor benighted Phil who’s apparently taking it up the ass or something buying haute cuisine for the dirty mezzo and clogging CA ERs having anchor babies whilst living high on the hog bla blah. Poor poor Phil driven from horrible San Diego & it’s formerly cheap but world-class golf courses where Phil learned his skill to get mega rich. Pity poor Phil.
I told my dentist that I didn’t believe the quoted tax rate, that he & I had partially subsidized Phil’s golf education & that Phil should move to Russia where he could kiss Putin’s ass.
SHEESH! Lost all respect for Mikelson. Hope he moves far away & never wins a tournament again. Fuck him.
ahem, Lange
Thank you.
Fixede.
Thank you.
Almost enough to make me start rooting for Tiger (to the extent I pay any attention to professional golfers or golf).
I worked at a golf course pool’s snack bar one summer, when I was about 18. Learned to slap hamburgers, clean hot grills without getting burned (harder than you might think) and deal with children temporarily orphaned by their golpher parents (poor little rich kids are a real phenomenon, I learned). I also got groped by the middle-aged golf pro one day — awkward, but another learning experience. Sometimes, though, I’d get assigned to the “watering hole,” between the 9th and 10th, where I spent most of my time reading Jane Austen. (It was an intense Jane Austen summer.) I’d look up from my book now and then and watch the play around me, and I did come to admire the game, could appreciate how it could become addictive (to play). For some strange reason, I never came to admire the players or the country-club world around the game.
Welcome to the second decade of the 21st century, where hamburgers eat people and liberals can seriously tell whining millionaires to move to Russia if they don’t like progressive tax systems.
“An Old World European feel” sounds like fun. Not like the brash American wham-bam-thank-you-ma’am we so often get around these parts.
Maybe on his way out the door, golfer-man can leave all the filthy American money he snagged off the rubes and just truck on over to Russia where he can live off any undertaxed money he picks up in foreign tourneys. That’d be okay with me.
Well, at least you guys still have Blink 182.
Perfect golf ball marker for Phil.
http://www.amazon.com/Gorgeous-2-Toned-Silver-Somalia-Coin/dp/B001JJXAE4
Sam Snead won $620,126 over the course of his golfing lifetime. Which was basically his entire life.
Mickelson – South Africa has lots of nice courses.
A more practical angle:
http://www.ritholtz.com/blog/2013/01/who-the-hell-is-phil-mickelsons-financial-advisor/
Ok, so I didn’t follow all the links in the original.
This douchebag is providing yet another reason why I couldn’t give a rat’s ass about golf or (more specifically) the asswads who take down $Millions by knocking a little white ball around in the grass.
If Phil goes ‘Full Galt’ and quits the game;
1) Where will we find someone else to blow a five shot lead down the stretch by driving the ball all over the course, finish in thirteenth place, and still collect a check for 200K?
2) If we cannot, will the trains still run on time?
He’s like Hank Rearden with man boobs.
Maybe he could lower his income by not doing those drug ads you have to mute all the time.
I don’t usually think of Forbes as having writers with a sense of humor when talking about our financial betters, but apparently they do. That was good. Until a couple of months ago, (I just retired) I worked in a building situated on the 13th green of South Torrey Pines and every year, during the annual tournament,, we’d go over to the offices where the windows overlooked the course and watched as the “big guys” went by. You couldn’t see much more than a sea of people going by if it was either Tiger or Phil. Those were the two people were looking for. We were proud of Phil, the local guy. Wish I could be there this year to boo his ass and flip him off. Jerk.
As a social worker of 30+ years (both civilian and military), one of my guiding principles has been to communicate with folks inside the perceptual frameworks they seem to understand.
So, Phil, here’s the deal: taxes are the dues you pay to live in this country club (USofA, represent, yo. Too, yet). Don’t like the dues structure, there’s other country clubs you and la famille can try out. I can recommend the Salah al-Din Governorate in central Iraq. You folks survive there for a year, like tens of thousands of us did under yer bud Dubya, and maybe I’ll listen to your whining. Till then, Bravo Mike.
I’ve long thought Mickelson to be an extremely nonathletic looking athlete. He’s a sack of potatoes on stilts.
And I wonder if his tax bitching is a side effect of the resentment over-40 golfers have toward how the PGA has changed. Until fairly recently, it was the only remaining sport that could be dominated by doughy whitebreads. In the 1990′s, there were still “professionals” chomping cigars as they played.
Phil should be thankful for the more athletic, better looking players that dominate the sport today, because they’re why his also-ran paychecks have grown so much.
Good point. Mainly, they all owe a debt of gratitude to Tiger (for better or worse), who played the biggest role in driving up the pay checks. Those pros all make out like bandits even when they lose.
For someone like Mikelson to start whining now about taxes is beyond the pale… he got rich doing something in a rather mediocre way, while enjoying the vast *benefits* of living in San Diego. Now he wants to cry about how horrible it is to live there. Cry me a river, Phil, and get the fuck outta town. Hope the door slams good ‘n hard on your fat flabby ass as you leave…
South Africa has enough problems already, why inflict this jerk on them?
Personally I enjoy playing golf, it’s a great game and easy to have fun even if, like me, you’re totally inept. But watching a bunch of Republicans play it, not so much.
I wonder if eight or twelve people going in together could afford to rent that house. It would be an improvement over most apartments…
Not only is Torrey Pines city-owned, but a private country club at that location would probably have a fifteen year waiting list and cost a zillion dollars to join.
And I wonder whether a market would ever have existed for Enbrel without Medicare?
…and almost for got to mention, how much money would KPMG have to buy billboard space on Phil’s clothes without Sarbanes-Oxley and Dodd-Frank?
True. But they probably have rules against that sort of thing in Rancho Santa Fe after the Applegate cult suicides. (Vodka, barbituates, purple scarves, brand new Nikes….) Besides, you’d probably be living across from Dinesh D’Souza. And you wouldn’t want THAT, would you?
The shot of his first, recently sold home makes it look, spectacular view aside, like everyone’s grandma’s condo in Boca. Dude, for $2.7 mil, I’d expect a better finish that builder’s grade, big ugly 1980′s white tile!
Love the Barry Ritholtz response to one of his commenters:
jdjed Says:
January 22nd, 2013 at 4:46 pm
Barry, you’re pimping the interview to pump your PVs, populist cred and $ management business. Who says he is ungrateful? Michelson has a right to complain about his bankrupt state’s high taxes and pay lower taxes in Florida or Nevada. Would you manage FA like California manages its finances? In the past you have claimed to lean towards libertarianism; I doubt it when you blog like this.
~~~
BR: I doubt Phil or Howard will be calling me anytime soon. And anytime some cocksucker worth $180 million dollars goes boohoo about his taxes, I say fuck him — and fuck you too!
PS: WHats a PV ?
Also, Phil appears to be a proponent of “Makers vs. Takers” theory (from one of the Big Picture commenters, no link provided):
I think that the most interesting development of the past 12 months has been the replacement of the 27% crazification factor by the 47% imaginary moocher factor.
All I can say to people like Mickelson:
Dude, you make a screaming fortune playing a game. It’s not like you work for a living, or have ever demonstrated the intelligence to publicly pontificate on economics.
Go enjoy your lottery-winner luck and STFU.
If Phil is so concerned about the 47% of moochers out there, then what solution, personally, is Phil offering to *solve* this massive mooching problem?
I am not asking you, CA, personally, but I am responding to the quote from Phil in your comment.
I mean, really, what has Mickelson himself DONE – other than to hire a caddy (which, at the pro level, IS a high-paying job, but it’s just ONE person) and assorted nannies, pool guys, house cleaners & gardeners?
Unless I’m missing something (possible), I’m not aware that Mickelson has started up a business of some sort where he’s, you know, actually employing a *number* of US workers to do whatever.
Rather, multi-millionaire Mickelson, who *benefited* from the tax largesse of all CA mooching citizens, commences to whine & cry about moochers who don’t, I guess, “work as hard” as Phil does. Typical entitled 1% whining about their poor benighted “lot” in life. Oh how the 1% does suffer as they play golf at fabulous, but cheap, Muni golf courses underwritten by taxes.
Fuck Him.
On a brighter note, and surely one that is never OT for this place, Shakira just had a baby!
Happy Newz!
But – we’re rocking teh liddle baby, right? NO SHAKING!
It’s a low-class neighborhood, I see.
Make that 8 or 12 party-loving college students, getting together to rent that house.
I wish all these whinging yankers would just go Galt already and get out of the damn way.
Seize it! Seize all Phil’s wealth!
It’ll only take one. The rest will surrender willingly.
Or at least stop their whining.
And you know his parents, in a non-speaking role in the kitchen scene, got paid too.
start losing Phil…. not sorry at all you have such a high income.
or give more of it away!
There are plenty of people who could use the money more than you!!
start a free medical clinic.
Phil’s right, why should he pay a high State income tax, when he can move to a no income tax State?
honestly how many of you readers file a Federal and State tax return? probably 100%, right?
Now how many of you don’t take any deductions on those returns? 0%, right?
So Phil is only saying, Hey California has raised my Tax rate again, and at the same time the Federal Government has also raised my Tax rate, so I have enough money to cash out of California and move to a different State and save at least 13% of my income.
How many of you with would do the same? I’d guess 100% if the State offered to give you a 13% deduction, you’d take it.
Tiger Woods did the same thing a few years ago. I’m surprised it took Phil so long to make the move. California has been run by democrats for decades, and look where we are: True we don’t have the city with the highest unemployment rate, that honor goes to Arizona, but we have the next 8 cities with the top unemployment rates, that right #2 through #9 are all California cities!
“Phil’s right, why should he pay a high State income tax, when he can move to a no income tax State?”
I know, right? Why can’t the little people pay for all the infrastructure ‘n stuff, so our multimillionaire jobcreatorz won’t all be forced to live in a pit like Alabama?
Not including the decades of GOP governorships, right?
33 Ronald Reagan Republican
34 Edmund Gerald “Jerry” Brown, Jr. Democratic
35 George Deukmejian Republican
36 Pete Wilson Republican
37 Joseph Graham “Gray” Davis Democratic
38 Arnold Schwarzenegger Republican
39 Edmund Gerald “Jerry” Brown, Jr. Democratic
Hey, Phil. I remember working in La Jolla as a skilled tradesman making about $26 bucks an hour back in the late ’80s. I just wish my wage inflation would ‘ve kept up with you and yours. As a lefty, I also know the world is unfair to me and you. I’m always wiping the pencil smudges off my hand when I write down my score, too. Lucky for you, your score is backed by the Corporate Boys. Mine’s only backed by my sore, achin’ back. And, the strength of a solid, tuned left hook. Which really wouldn’t help a guy in your profession.
It’s funny you bring up Dorothea Lange because that is exactly the first thing I thought of when I saw that Wall Street Journal graphic — those illustrations reminded me of her pictures of the families coping with the dust bowl/great depression/poverty. I think we’re due for a Ken Burns documentary on the families struggling to get by on $400,00 take-home now that he’s already done one on the dust bowl.
P.S. The Worst Hard Time by Timothy Eagan about the dust bowl is a GREAT book and compelling reading.
Well, seeing as psoriatic arthritis (what he’s suffering from) doesn’t really have jack all to do with age I don’t know what Medicare has to do with it. Psoriatic arthritis is something you can develop if you have [remember this?] “the heartbreak of psoriasis.” It’s not age related.
And I do sincerely hope that the fucker goes Galt and takes his effing commercials with him when he does.
Second your recommendation of The Worst Hard Time. I listened to it on audiobook (fittingly, during the hottest week of the summer) and was fascinated by both the amount of detail the author packed into the book and his ability to tell a story.
Check google. His rate is probably 51%. He prolly got it by adding up all the tax rates not realizing some don’t apply to all your income. But most of these guys pay an effective rate of 27% or so.
Oh, boo-fuckin’-hoo Phil. Let’s do a little math here. Say you hauled in $10 million last year. Even if you paid 60% in taxes, which if you did, you have an incredibly incompetent accountant and tax lawyer, you still had $4 million left after taxes.
Now, my highest ever yearly gross was $44K or about 1% of your haul. In other words, it would take me a fucking century to make what you do in a year.
Cry me a river, dick-head.
Everything that Rhodium or Technetium won’t adhere to?
If Charmin made goldleaf toilet paper (2-ply, scented with the tears of baby Iberian lynx) Phil could be the new Mr. Whipple.
Apparnetly he;s even less needy than that—Wonkette uncovered a gross income of some $63 mil. Even if (again) he pays the rate we all know he totally does not (and BTW, does he realize he can deduct his state income taxes off his federal?), he clears about $27 million per year.
There are families of 4 who would be happy to clear $27 thousand per year.
You might say that Mickelson’s claim that he pays a 62 percent rate is an unplayable lie.
I followed the audio Worst Hard Times with The Fruit Hunters…
Let’s take a look at where California ranks among the other 49 States:
Sales Tax – 2nd Highest
Personal Income Tax – 3rd Highest rate (1st highest for 50K bracket)
Corp Income tax rate – 10th Highest
Gas tax – 3rd Highest – at 36 cents a gallon
Property Tax – 10th using Median value.
Total State and Local tax burden California ranks 2nd Highest.
Now what do we buy with all the tax money?
The 49th ranked Schools in the country.
The largest State budget deficit in the country.
Where does all the tax money go?
Wasted on paying the interest on the State debt, and wasted on paying interest on State bonds. I’d love for some nonpartisan group to do a study of where the Education tax dollars are spent! for that matter where all the Tax dollars are spent.
Can I be that nonpartisan group? Since it’s CA I’ll need to charge 30X the normal going rate for my study…
You might, if you believed in math or something.
Many thanks for the book rec. If our public library doesn’t have it, Michigan has a state-wide inter-library loan system and someone is bound to have a copy.
The Russians took it all I’m sure of it. They told me. Besides some of that shit there they also told me was wrong.
Yes, and I’ve never seen a state with your population and city density to delay building mass transit systems. Of, any sort. What a mess you’ve created by not investing in moving people efficiently. All those ribbons of concrete, all that steel and glass. All those people stuck in traffic because of your poor planning during the Wilson, Duekmajian and Reagan eras. There’s a reason your schools are doing so poorly. Nobody can find or get to the damned things.
I feel for him, it hurts.
So in an effort to relieve his pain, I’m willing to pay those taxes if he gives me his income.
Hey Guns!!! We need some Oregon wingnut trolls whining about OUR tax rates on here—and insisting our tax structure is very similar to CA’s (even though it totally isn’t, since we have no sales tax, middling property taxes and low business taxes—and are actually in the middle on tax rates) and threatening to move to ID, across the river to the ‘Couve or (of course) AZ.
… I know the ones — the ads for the drug for rheumatoid and psoriatic arthritis only people like him can afford.
With all those black helicopters overhead, waiting to swoop in and take away their guns and snuff the meth stove’s pilot light, I don’t think there’s much time for idle moving threats!
Tin foil! Where’s the gawddamn tinfoil!
Thank heavens he’s just talking about moving rather than going full-on Galt. It would be a real shame if he were to withhold his productivity of knocking small white balls into holes and brought the entire US economy – and with it the rest of the world’s – to its knees.
Golf. I have Scottish forebears, who might have, when they weren’t starving might have knocked a ball around the moors. The grandfather fought on the battleship Arizona in the first war and tried to reenlist for the second. Golf for him was on public courses in Chicago. If he had any thoughts about Mickelson, it would’ve been, “Here’s a nickle I’ve pulled out of my grandson’s ear, FUCK YOU you worthless piece of shit.”
A-yep. If they really were being oppressed as much as they currently claim to be, they would be as quiet as church mice about it out of sheer fear.
True. Phil should enjoy moving to a no-tax state–where he’ll find that even though his new house may cost less than his current RSF “Covenant” digs, the property taxes won’t have been artificially suppressed as have the ones he’s enjoyed due to CA’s Prop 13.
In short, by the time you add up the cost of selling out, moving, increased property taxes, and the air conditioning bill for Florida, it’s probably a wash.
Oh, you silly people. So many lies…wherever to begin?!? By the way, CA’s taxes have been high for a long time, so why were so many people moving there in droves over many decades?
Not sure where you’re getting the 49 school ranking for CA, especially since some recent studies I’ve read had CA in the 30 range. A recent study just had CA ranked 30th for math and science. The 20 lower-ranked states? About 95% of them were “red states.” And I won’t even start with the red state stats for literacy, teen pregnancy, poverty, wages, and similar stats where the red states almost entirely fill up the worst rankings.
And of course, it’s dishonest to compare CA to other states without taking into account how much more difficult the challenges are in CA just by the population size and the demographics alone. On a money-spent-per-student basis, CA ranks anywhere from 28-30 depending on which stat and year you look at (careful at this link, this will take actual work and thinking for yourself…don’t want you to get hurt):
http://www.nea.org/assets/docs/NEA_Rankings_And_Estimates_FINAL_20120209.pdf
CA should be spending much more on its educational system, when comparing to other states, and so should the red states if they actually cared about educating their populations.
And the debt?!? Ha! It was just announced that this year the budget will run a surplus, now that Governor Brown’s plan is in place, and the debt is projected to be gone entirely by the end of his term. Jerry’s cleaning up the mess left by another Republican actor who decided to play the role of governor for a while, Arnold, just as Jerry did last time he became governor and cleaned up Ronnie Reagan’s mess:
“After taking office, Brown gained a reputation as a fiscal conservative.[9] The American Conservative later noted he was “much more of a fiscal conservative than Governor Reagan.”[10] His fiscal restraint resulted in one of the biggest budget surpluses in state history, roughly $5 billion.[11][12]”
http://en.wikipedia.org/wiki/Jerry_Brown#First_term
So all the things you’re whining about are being improved once again by the liberals.
Exactly. When my dentist started sobbing about poor poor poor Phil’s sky high tax rate, Insaid No way. It’s not as high as he said even at some mythical highest rate with no deductions. You have to know that whiney liar’s got some tax accountant doing write-offs galore.
Fuck him. Hope he leaves soon.
Thank you. Yes I love how conservatives run down Ca Dems when the worst shit is usually due to washed up actors playing at being CA governor. I think Ahhhhnold was too busy screwing around – IOKHAR – to do much of anything useful except for the the 1%. Like not getting back all that Enron ripped off from CA during their fake energy crisis. Guess that Repub rip off didn’t help CA’s cash flow much.
I wonder if he ever stops to think of how that medicine came to exist in the first place. He needs a very simple explanation/demonstration (I’m actually thinking along the lines of Schoolhouse Rock “I’m Just a Bill”) that shows how taxes fund schools, universities, research facilities, education of doctors and researchers, grants for developing new medicines, etc. Not to mention clean water, reliable power source, and so on. He is incredibly lucky.
I think that pretty much encapsulates the whole One Percent argument. How much wealth does a rich person need, to say nothing of deserve? As for pro athletes, when an MLB rookie hauls down a minimum $350k and Marco Scutaro is going to make $20 million over the next three years (and I loves me some Scutaro, don’t get me wrong), there’s something really, really wrong going on.
The One Percent bitch about taxes and “entitlements”; for God’s sake, why? No matter what happens tax-wise, they’ll still be rich. What’s their problem?
The gravy train just keeps on runnin’.
I can’t relate.
Hey, asshole. Move to Mississippi then! California will be well rid of your ass.
It’s OK Horndogging as a Republican?
And, as my mother said about Max Rafferty, it will raise the average IQ on both ends of the move.
I can go with that.
9,500-square-feet of living space on one floor
I have 700-square-feet on one floor and only own one place (no pool, no safe room), and my tax rate is 40%. If Phil would like to trade places, I’d happily have his life and pay the maximum taxes.
I have no reason to have a safe room, but I expect Phil uses his for screaming fits about his hard life.
Anyone who makes millions would be a fool to do his own taxes and tax planning unless he were a tax attorney but then why have a fool for a client? So none of these guys pay anything near the top even not counting deductions and tax planning options.
The Rolling Stones have paid just 1.6 per cent tax on their earnings of £242 million over the past 20 years.
Also,
in The Hitchhiker’s Guide to the Galaxy, the character of Veet Voojagig “was finally sent into tax exile, which is the usual fate reserved for those who are determined to make a fool of themselves in public.”
Famous Tax Exiles
There was a huge thread at the CBS website on this. Maybe five percent comments were critical of Phil – mostly that there was no way he was paying 60+ percent. These comments would be followed by a bunch of “You’re jealous, waaah, You’re envious wahhh” There was even a supposed CPA who tried explaining that Phil was probably getting paid in shares to avoid taxes. Posters explaining about medicare and ss caps. OMG, how can people be so freaking stupid when we just got through a presidential election where a gazillionaire refused to release all his records precisely because he was paying 15 percent or less???
deleted
Maybe Phil can move to the Isle of Man. It’s a lot closer to the arctic circle than San Diego–and it’s snowing there now, which might put a crimp in his game. But at least he’ll save his money from the evil gubmint. And in the end, isn’t that all that really matters?
It’s like that at SFGate, too. All those people seem to be sure that they’re going to win the lottery
Call it going John Golf. Mickelson’s a tool, but his wife is ssssmokin’. The rumors about them, if not all that believable, are hilarious anyway.
Mickelson is hated by his fellow PGA Tour golfers. His nickname is FIGJAM (Fuck, I’m great – just ask me).
http://www.gq.com/sports/profiles/200601/most-hates-athletes
Recall the 1970′s PGA, the winner in the weekly golf tournament would be presented with a giant 5′x 2′ check for $38,000. Today, many tournaments don’t even discuss money because it is obscene for the winner to take home over $1 million – this is like finding a wallet on the sidewalk and Mickelson complains.
Maybe all the chemicals used to control weeds on the greens has somehow altered the pro golfer’s mind from feeling empathy & gratitude to just greed – Jack Nicklaus was stumping for Romney last fall (first Tiger takes over my game and now Obama takes over my govment).