Tag Archives: california

Phil Mickelson Needed to Pay 61% in Taxes For His Fame

Phil Mickelson Needed to Pay 61% in Taxes For His Fame

“I might move away from California because of the State taxes here”, quoted Phil Mickelson and guess what? He became the hot topic this past January when he had to sacrifice 61% of his money he earned from of 2013 Open Championship and The Scottish Open in the shape of governments taxes. Steeped tax rates and UK’s policy to collect more taxes on endorsement earnings of non-resident athletes with the rest of the taxes from United States government, were the factors behind this dramatic situation.

Phil Mickelson, Open 2006

Phil Mickelson, Open 2006

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Former Clients Feel Betrayed By “Tax Lady” Roni Deutch

Thousands of dollars are owed to the IRS by individuals who are looking to anyone for assistance in lowering that debt. Some of those people have looked to the aid of a woman from their TV, who has made assurances that for pennies on the dollar she would get the IRS out of their lives.

For anyone who is looking at a tax debt, Roni Deutch is just the ticket they are looking for. Calling herself the “Tax Lady”, Ms. Deutch can be hard for people to resist. Finding himself embroiled within a dark hole after his divorce, a contractor … Read the rest

California Faces Battle Over Budget

A budgetary showdown is looming in California over taxes 2010 as a constitutional deadline approaches. California which is the eighth largest economy in the world, faces running out of money if no budget is approved by the first of July. This would force California to issue IOUs as was done in 2009. The California constitution requires any tax increase to be approved by two thirds of the legislators. At the present time the Democrats need four more votes to pass the budget but the Republicans are vowing they will block its passage.

Top ranked Republican Jim Neilsen of the Assembly … Read the rest