Phil Mickelson Paid A 61% Tax Rate On His British Open Winnings, Still Made $800,000
REUTERS/Joe Skipper
His winnings from the Scottish Open and
He also has a pay some random federal taxes and California taxes his winnings 13.3%.
In all it comes to a 61% rate.
Mickelson has complained about taxes before, and threatened to move out of California.
He has made $72 million in PGA Tour winnings alone in his career. Last year he was named the sixth highest-paid athlete in the world by Sports Illustrated, raking in $39.5 million just in 2012. It stands to reason that he has made hundreds of millions of dollars in the last 15 years or so.
So let's not shed any tears for him. He'll be okay.
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