Friday, July 26, 2013

Is Tiger Woods Smarter Than Phil Mickelson?

Professor Thomas DiLorenzo reports:
Pro golfer Phil Mickelson, who just won the British Open, will reportedly pay a 61% tax on his earnings, including 13 1/2 percent to the state of California. (Medieval serfs paid “only” 40 percent). He’s ranked as the #2 golfer in the world. The #1 golfer, Tiger Woods, who is also a native Californian, lives in zero-income-tax Florida. This increases Tiger’s income by 13 1/2 percent EVERY YEAR.