JPF Home Page Forums General Messages General Message Forum Phil Mickelson

E,

If only that were true. High tax cities and states have been hemorrhaging businesses and higher earning (and tax paying) citizens to other states, sending jobs to other countries and sheltering money in other countries, something that companies associated with the government's "Jobs Council" set up by our President take advantage of profusely. (GE for example paid no taxes at all, Google paid low single digit % in taxes etc.). On top of that, GE shipped huge numbers of jobs overseas on top of paying no US taxes. So in truth, they had no positive impact as a corporation on TAXES in our country, even though they do business in all 50 states and all of our territories. No Taxes. And there are businessmen who are vilified because they do not want to pay 60%+ in personal taxes. You know who can't afford to move elsewhere to avoid those tax rates E? Poor people... but of course, nationwide, 47% of people pay no Federal taxes, but those folks who are the working poor? They do... which is why many have discovered they can live just as well or better off of food stamps, welfare, medicare and medicaid and other assistance programs than they can working, especially in those places where so much is taken in taxes. Phil can afford it.. he's earned 100's of millions of dollars so he's set, his kids are set and his grandkids are set and likely theirs as well. But working poor (anyone making 50K or less) get hammered. The average amount we (apparently us silly people working and paying taxes) pay for each person not working in benefits and money/food stamps etc. is approaching 50K per person. Yeah.. it's a shocking number but it explains why our real unemployment number is closer to 15-16% since they are not counting those who stop looking for jobs after weeks of unemployment run out, nor are they adding in the new workers entering the employment market each month/year.

So, it sucks for someone who ONLY gets paid on the Golf course if they perform (there's no Golf Failure to perform pay, you either make the cut after qualifying to play, or you get nothing) at the highest level in the world. If he was a stock trader or the owner of a government contractor he'd likely know how to protect most of his money and pay very little in taxes.