Back in 2013, professional golfer and Enbrel spokesperson Phil Mickelson said, in response to California's tax hikes on the rich, that he might be forced to make "drastic changes." Rather than pay his fair share, Mickelson suggested he might just quit golf or leave the state of California.
Mickelson claimed, "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. So I've got to make some decisions on what I'm going to do."
Right. Because why kill yourself playing a game for a living when you could just do nothing.
But then several tax experts went on record saying it is highly unlikely Mickelson was "paying a rate above 60 percent. With even the most basic tax planning, they said, his real rate is most likely closer to 50 percent." But hey, what's a 13% discrepency between what Mickelson claims and what the reality most likely is?
Furthermore, since his investment earnings are taxed as capital gains, he's only paying a rate of 20% - 23.8% on those.
Regardless, this amount was too large for Mickelson who acted like a big baby. And when he was called on being a cheap, rich ass, his response was a typical non-apology apology, "Finances and taxes are a personal matter and I should not have made my opinions on them public. I apologize to those I have upset or insulted and assure you I intend to not let it happen again."
What Mickelson seems to have allowed to happen this time was him getting caught up in a federal insider trading investigation.
The U.S. Federal Bureau of Investigation and the Securities and Exchange Commission are investigating possible insider trading involving billionaire investor Carl Icahn, golfer Phil Mickelson and Las Vegas gambler William Walters, a source familiar with the matter said.
Federal investigators are looking into whether Mickelson and Walters may have traded illegally on private information provided by Icahn about his investments in public corporations, the source told Reuters, confirming a report by the Wall Street Journal on Friday.
What a dick.