164 replies to this topic

[Rogerdodger]

Reminiscent of this headline, "45% of Practicing Physicians Considering Early Retirement" is today's golf news:

Golfer Phil Mickelson says 'drastic changes' coming because of high taxes...

January 20, 2013
Phil Mickelson says changes are coming because of taxes and how they affect his family. Is Lefty considering retiring? He won't turn 43 until June.
Scott Michaux first reported that Mickelson said he was considering retirement after his final round Sunday at the Humana Challenge.

Phil Mickelson: "My tax rate's 62, 63 percent. So I've got to make some decisions on what I'm going to do.
And I'm going to have to make some drastic changes. I'm not going to jump the gun and do it right away, but I will be making some drastic changes.

Q: Meaning leaving from California?

Mickelson: I'm not sure.

Q. Moving to Canada?

Mickelson: I'm not sure what exactly, you know, I'm going to do yet.
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. So I'm going to have to make some changes.

But if you add up, 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.

Edited by Rogerdodger, 21 January 2013 - 10:26 AM.

[diogenes227]

Reminiscent of this headline, "45% of Practicing Physicians Considering Early Retirement" is today's golf news:

Golfer Phil Mickelson says 'drastic changes' coming because of high taxes...

January 20, 2013
Phil Mickelson says changes are coming because of taxes and how they affect his family. Is Lefty considering retiring? He won't turn 43 until June.
Scott Michaux first reported that Mickelson said he was considering retirement after his final round Sunday at the Humana Challenge.

Phil Mickelson: "My tax rate's 62, 63 percent. So I've got to make some decisions on what I'm going to do.
And I'm going to have to make some drastic changes. I'm not going to jump the gun and do it right away, but I will be making some drastic changes.

Q: Meaning leaving from California?

Mickelson: I'm not sure.

Q. Moving to Canada?

Mickelson: I'm not sure what exactly, you know, I'm going to do yet.
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. So I'm going to have to make some changes.

But if you add up, 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.

Both Phil and his wife have had serious health problems -- her breast cancer, his psyoriatic arthritis. Would hate to see him stop playing since he is so entertaining -- the embodiment of a golfer who can on one day be the best in the world and on next day be as bad a duffer as the rest of us. But if he ceases competing, it's going to be his health, not taxes, that causes it, and of course in that case, as a man who works solely for himself and has a pre-existing medical condition, he will in the next couple of years will to get to shop around for the best insurance deal and in his particular case, that will likely be a big break from Obamacare.

Maybe he should move to Washington state where we have no individual state income tax and lots of beautiful golf courses.

[Rogerdodger]

Mickleson isn't happy with keeping only 37 cents of every dollar. He reminds me of the run-away slaves who didn't appreciate what they were allowed to have. After all, their masters didn't take everything. We have a right to claim 63% of his stuff.

Edited by Rogerdodger, 22 January 2013 - 01:34 AM.

[diogenes227]

In other words:

For the privilege of living in the greatest country in the world, and being able to cash in so much that I'm in the highest bracket of all, you mean I actually have to pay taxes?!!

MY NET WORTH AFTER TAXES...SO FAR

This is drastic! I don't know how I'm going to get by!

I have to make some changes, drastic changes! I'm moving to Mali. No taxes there.

Edited by diogenes227, 22 January 2013 - 02:33 AM.

[Rogerdodger]

For the privilege of living in the greatest country in the world, and being able to cash in so much that I'm in the highest bracket of all, you mean I actually have to pay taxes?!!

Good point.
So why do nearly 50% of the US citizens not pay them?
I guess they don't appreciate living in the greatest country in the world.

CNN: "Nearly half of households to pay no federal income tax."

Edited by Rogerdodger, 22 January 2013 - 11:10 AM.

[Rogerdodger]

The question that I ask is: "How much of another person's life and property do I rightfully have a claim to?"

It looks like our "runaway slave" of the State was caught and now recants:

Phil Mickelson apologizes for tax comments
Phil Mickelson has apologized for saying Sunday that he would be making "drastic changes" in his life due to new federal and state tax laws that he said would take away more than 60% of his income.
Mickelson said in a statement to Fox News on Monday that he was sorry if he "upset or insulted" anyone with his comments and that he is currently trying to learn more about the new tax laws in order to make informed decisions.

Edited by Rogerdodger, 22 January 2013 - 02:38 PM.

[Rogerdodger]

France's richest man moves to Belgium to avoid 'new socialist super-tax'...

Another run-away is despised for not surrendering his life's work to the greedy state.

Critics immediately attacked him for leaving the country.
Nicolas Demorand, the editor of national newspaper Liberation, attacked him.
Belgium has a much more lenient tax regime than France – raising an inheritance tax of three per cent, compared to11 per cent in France. Unlike France, there is no wealth tax in Belgium either.
Mr Arnault is also likely to be concerned by Mr Hollande’s plan to bring capital gains tax in line with income tax – effectively raising it from 19 per cent to 45 per cent, and possibly to 75 per cent if the Socialist President goes through with his threat to make that the top income tax rate for earnings over €1 million a year.
Mr Arnault applied for a Belgian passport soon after the Socialists won elections last year.

The question that I ask is: "How much of another person's life and property do I rightfully have a claim to?"

Atlas will finally shrug.

Edited by Rogerdodger, 26 January 2013 - 10:51 PM.

[Rogerdodger]

Child labor uncovered in APPLE's supply chain...

We have no problem taking money from the wealthy and labor from the children (as long as we can't see 'em sweat.)
Like the cotton picking slaves, it makes our lives better to take from others.

Who can we take from next?

[Rogerdodger]

Increasing taxes has no effect on people. Really?

Higher taxes slow retail spending...
The small increase suggested the expiration of a 2 percent payroll tax cut on January 1 and higher tax rates for wealthier Americans were hurting the economy.

Tulsa sales-tax revenue down 3 percent.
The city's revenue was $20,605,923, or $627,086 less than a year earlier

Edited by Rogerdodger, 13 February 2013 - 02:22 PM.

[Rogerdodger]

More run-away slaves need to be rounded up and beaten!

Americans renouncing citizenship to become British thanks to tax rise
The number of people giving up their US citizenship to become British has surged thanks to complex tax rules introduced by the American tax authorities. London-based American lawyers, who specialise in tax and immigration, report a threefold increase over the last five years in the number of American citizens who are giving up their citizenship - a process known as “renunciation”.

Across the world 1,781 Americans renounced their citizenship in 2011 compared with just 231 in 2008, when US tax laws changed, although it remains unknown how many are adopting British rather than any other nationality.

Many decide to give up their American citizenship after tiring of the lengthy US tax return process, which requires them to pay tax on their total income regardless of where they live.

“There’s no question that the number of people renouncing their US citizenship is increasing,” said Diane Gelon, a US tax and immigration lawyer based in London.

http://www.telegraph...o-tax-rise.html