The Sports Media Jihad Against Mickelson
The sports media jihad against Phil Mickelson is continuing. To borrow a phrase from our president who said, “The future must not belong to those who slander paying high taxes,” this article is a CNN story by Tami Luhby. I’m assuming it’s a female here, T-a-m-i. The story starts out, “There’s no doubt that Phil Mickelson pays a lot in income taxes as a California resident, but it’s not as much as he thinks.”
What an idiot he is!
This reporterette is in a much better position to know what Mickelson’s paying in taxes than he is. Who does he think he is, going public and talking about his tax rate? He doesn’t even know what he’s talking about! That’s the point of the story. Tami Luhby of CNN knows. She claims in the story that Phil Mickelson’s only paying about 53%, not 63%, and the reporter even claims that Mickelson is actually paying less than that, since millionaires pay an average around 26%.
She looked it up. So since there is an average tax rate of 26% that millionaires pay — and, by the way, she’s including people like Buffett and his secretary and Gates, who don’t pay income taxes. Tami, I’m sure, doesn’t know that; she’s a little confused. But we’ll cut her some slack. That, of course, ignores the fact that most millionaires pay a lower rate because they’re not paying income taxes; they are paying capital gains taxes. But most of Mickelson’s income is wages.