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Jan 26, 2013
01/13
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and phil mickelson, pro golfer, says that high taxes may drive him out of california. we've got discussisuggestions w should consider if he moves. and hillary clinton, her legacy as she prepares to leave washington at least for now. now. >> we will respond to the threat of climate change, knowing the failure to do so would betray our children and future generations. >> paul: welcome to the journal editorial report, i'm paul gigot. that was president obama in his inaugural address monday, promising to make global warming a top priority in a second term, it's an issue that is sure to bring some fierce policy showdowns, the first of which may come under the keystone xl pipeline since 2008. and a revised route through nebraska this week, the final hurdle to the project at the state level and 53 senators, including 9 democrats sent a letter to the white house on wednesday urging president obama to expedite its approval. and joining the panel this week, wall street journal assistant page editor, james freeman and senior economics writer steve moore and washington columnist k
and phil mickelson, pro golfer, says that high taxes may drive him out of california. we've got discussisuggestions w should consider if he moves. and hillary clinton, her legacy as she prepares to leave washington at least for now. now. >> we will respond to the threat of climate change, knowing the failure to do so would betray our children and future generations. >> paul: welcome to the journal editorial report, i'm paul gigot. that was president obama in his inaugural address...
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Jan 23, 2013
01/13
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does mickelson not want to pay another nickel, son?hil mickelson caused a stir on sunday after hinting he might leave his home state of california or even retire because of high taxes. said phil, quote, if you add up all of the federal and -- there is something missing there -- and you look at the disability and unemployment and social security in the state, my tax rate is 62, 63%. i have to make some decisions on what i'm going to do. it is estimated that mickelson is worth at least $7 trillion dollars and he claims he is being hit hard by changes to the tax law saying there are going to be drastic changes for me because i happen to be in that zone. on monday he apologized without backtracking the statement. finances and taxes are a personal matter and i should not have made my opinions on the public. i apologize to those i upset and insulted and i inintend not to let it happen again. all of this raises the question can horses open blocked doors? >> i heard you audibly express some kind of sound of disgust. he apologized before he hea
does mickelson not want to pay another nickel, son?hil mickelson caused a stir on sunday after hinting he might leave his home state of california or even retire because of high taxes. said phil, quote, if you add up all of the federal and -- there is something missing there -- and you look at the disability and unemployment and social security in the state, my tax rate is 62, 63%. i have to make some decisions on what i'm going to do. it is estimated that mickelson is worth at least $7...
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Jan 27, 2013
01/13
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that's what phil mickelson is facing. so, the big story here is that you have a lot of these states that has been looking at what's happening in places like texas and places like tennessee. i'm in nashville, tennessee today. town, u.s.a. this is states that it have no income tax. the evidence is irrefutable that businesses and capital and families are moving out of those high tax states where you live in new york and moving to these no tax states. you have got a number of places like northu' carolina, like arkansas, like kansas and oklahoma and south and southwest that say we don't want to be like california. we want to be like -- they are looking at eliminating their income taxes. >> revenue losses that will be complaint new give that up you are going to lose revenue. how do you make it up? >> that's a great question a lot of these states are saying thee are going to expand and maybe increase our sales tax. that's politically hazardous it hasn't looked very well. some states are looking a why not use this bonanza of mone
that's what phil mickelson is facing. so, the big story here is that you have a lot of these states that has been looking at what's happening in places like texas and places like tennessee. i'm in nashville, tennessee today. town, u.s.a. this is states that it have no income tax. the evidence is irrefutable that businesses and capital and families are moving out of those high tax states where you live in new york and moving to these no tax states. you have got a number of places like northu'...
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Jan 22, 2013
01/13
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phil mickelson lives in california. he makes a lot of money.n high tax states must pay a lot more. mickelson says he loses 63 cents on the dollar. i call that outrageous. and by my standards grossly unfair. i don't care how much money you make. no government, no government should be taking even half of what you earn, let alone two thirds. but listen to the left, phil mickelson is a punching bag, he's being mocked. professor, professor lynn burman from syracuse university says he should stop whining and give thanks for making big money. he says phil is just lucky, lucky. so you work hard. you use your brains, drive, talent and ability, and you are a successful american but the left says you are merely lucky. we want what you've got. and what's more, you don't deserve all that money. we are going to take it off you. this is the new mind meld and if you speak out and object, you are muscled into submission, you must apologize. who would have thought we would come to this? you have to apologize for financial success. [ indistinct shouting ] ♪ [ ind
phil mickelson lives in california. he makes a lot of money.n high tax states must pay a lot more. mickelson says he loses 63 cents on the dollar. i call that outrageous. and by my standards grossly unfair. i don't care how much money you make. no government, no government should be taking even half of what you earn, let alone two thirds. but listen to the left, phil mickelson is a punching bag, he's being mocked. professor, professor lynn burman from syracuse university says he should stop...
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Jan 23, 2013
01/13
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hey, here's my suggestion to phil mickelson. want to confront taxes, be the next arnold schwarzenegger and run for governor of california. >> there's another way to change it. >> run for governor. >> mickelson apologized. everyone jumps on the guy and he said look, i should have kept my comments private but then he also said this. i think this is really important. right now, i'm like many americans who are trying to understand the new tax laws. i've been learning a lot over the last few months and i have talked with people who are trying to help me make intelligent and informed decisions. i certainly don't have a definitive plan at this time but like everyone else i want to make decisions that are best for my future and my family. look, just because -- whether you're rich or whether you're poor, when your taxes change dramatically, people can change how they spend money. what's wrong with that? why are people picking on him for that? >> i think it's pretty silly to pick on him for it. what happened in california is that that top
hey, here's my suggestion to phil mickelson. want to confront taxes, be the next arnold schwarzenegger and run for governor of california. >> there's another way to change it. >> run for governor. >> mickelson apologized. everyone jumps on the guy and he said look, i should have kept my comments private but then he also said this. i think this is really important. right now, i'm like many americans who are trying to understand the new tax laws. i've been learning a lot over...
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Jan 24, 2013
01/13
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why is mickelson backing off now? >> he derives a ton of his income off his popularity. $4 million on the golf course, he made 45 from his sponsorship deals. tiger woods said i'm going to go wherever the tax situation is the most favorable. phil mickelson is saying i love california, i want to stay there but it's getting to the point where it's untenable for me to deal with it. it's not just succumbing to the media, people doesn't like it. >> which people don't like it? i love it. if you ask me, supply-siders all across america who believe in the fruits of their labor love it. >> his image is important. the metaphor he used today in california when talking about it was he likened it to his shank off the tee in 2006 at the nt u.s. open, which he thought was the worst shot in his career. he feels maybe he should have kept his mouth shut and you say he shouldn't have. >> lower marginal tax rates in my humble opinion improve labor effort and investment and risk taking. he could stand up for all the tax oppressed people in california and it is one tax oppressing place and he
why is mickelson backing off now? >> he derives a ton of his income off his popularity. $4 million on the golf course, he made 45 from his sponsorship deals. tiger woods said i'm going to go wherever the tax situation is the most favorable. phil mickelson is saying i love california, i want to stay there but it's getting to the point where it's untenable for me to deal with it. it's not just succumbing to the media, people doesn't like it. >> which people don't like it? i love it....
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Jan 23, 2013
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you've had some contact with phil mickelson. give us the the backed on this first and i'll ask you a couple of specific questions about it. >> i think the background is everybody's tax eggs out here in california for most making more than $250,000 went up to 13.3% with the bond issue on the last ballot election, the presidential election. his taxes have increased significantly an makes a significant amount of money we. had a brief conversation about this about a month ago. over the weekend when he was playing in palm springs he said he would have to make drastic change. it got out that the drastic changes and he am pa replied on it was because of the tax trubgt you're here in california and he makes according to several reports and published reports about $60 million a year between his salary and income from the golf course, and from his sponsorships. so that's where it went. i texted him, i asked him would he do an interview about this. he said he'd like to think about it. last night about 9:30 pacific time he issued a statemen
you've had some contact with phil mickelson. give us the the backed on this first and i'll ask you a couple of specific questions about it. >> i think the background is everybody's tax eggs out here in california for most making more than $250,000 went up to 13.3% with the bond issue on the last ballot election, the presidential election. his taxes have increased significantly an makes a significant amount of money we. had a brief conversation about this about a month ago. over the...
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Jan 23, 2013
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>> we'll fact check phil mickelson's ridiculous claim. >> i owe you nothing! >>> and banks got build a out and we got sold out. four years after wall street greed brought the country to its knees, why is no one in jail? >> this is a stain on the american justice system. >> the pbs series "frontline" has a new documentary airing tonight. correspondent martin smith joins me for a preview. good to have you with us tonight, folks. thanks for watching. i want to start the program tonight showing you what the hottest thing in politics was 20 years ago today. this is rush limbaugh's first book, the way things ought to be. for more than two decades, this basically has served as a blueprint for conservative thought in this country. here is a sample of a few things that were in the book. what about feeling sorry for those who pay the taxes? those who are people that no one feels sorry for. they are asked to give and give until they have no more to give. and when they say enough, they are called selfish. of course, it's also filled with deliberately offensive material as
>> we'll fact check phil mickelson's ridiculous claim. >> i owe you nothing! >>> and banks got build a out and we got sold out. four years after wall street greed brought the country to its knees, why is no one in jail? >> this is a stain on the american justice system. >> the pbs series "frontline" has a new documentary airing tonight. correspondent martin smith joins me for a preview. good to have you with us tonight, folks. thanks for watching. i...
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Jan 23, 2013
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fill mickelson says he pays a tax rate of 63% as a california resident.s, from obamacare, and from governor brown. he suggested, suggested he might move. in come professor berman to stop whining and be thankful he makes more than most calling him lucky, lucky. to us, that is read meat. we don't think successful people are lucky. we don't think 63% is a fair share. we booked the professor to be a guest on the show, and then he canceled. why? because he has to, quote, focus on what i get paid to do. what's that, professor? indoctrinate the students with socialism? you see, you will not get to see a lively discussion. the professor stays in the tower and will not venture out into the real world of free speech. he is an intellectual coward. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. ♪ [ male announcer ] this i
fill mickelson says he pays a tax rate of 63% as a california resident.s, from obamacare, and from governor brown. he suggested, suggested he might move. in come professor berman to stop whining and be thankful he makes more than most calling him lucky, lucky. to us, that is read meat. we don't think successful people are lucky. we don't think 63% is a fair share. we booked the professor to be a guest on the show, and then he canceled. why? because he has to, quote, focus on what i get paid to...
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Jan 25, 2013
01/13
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here's another my take on phil mickelson.imes caught my attention about republican governors moving away from taxing income and moving towards taxing consumption from income-tax is to sales taxes. related story. governor brownback of kansas wants to eliminate his state's income tax, he joins the governors of four this state which are considering the same thing. where does phil mickelson coming to this? in two ways. he wants to move out of california. he is free to live wherever he wants and preferred lower taxes. why not? that is why states like kansas, florida, texas are competing for tax refugees. the phil mickelsons of this world are driving the tax debate. phil mickelson objects to a 63% tax rate. who wouldn't? when this tax become legalized theft? this is a moral question as well as financial. here you have a sports guy driving a moral and financial tax debate. is not going away either. the president wants to raise taxes even more and we will soon see the impact of that disaster known as obamacare. bring on the debate. d
here's another my take on phil mickelson.imes caught my attention about republican governors moving away from taxing income and moving towards taxing consumption from income-tax is to sales taxes. related story. governor brownback of kansas wants to eliminate his state's income tax, he joins the governors of four this state which are considering the same thing. where does phil mickelson coming to this? in two ways. he wants to move out of california. he is free to live wherever he wants and...
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Jan 22, 2013
01/13
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we'll ask herb greenberg and rocky, and golfer phil mickelson is not happy.gret talking about t but he's not higher about higher federal and california state taxes. so we asked simply does he have a point? all those things coming up at the top of the hour. "street signs" is the name of the show. back to you on "power lunch." >>> the big buzz in the golfing world is phil mickelson backtracking a bit saying he should have kept his opinions to himself on taxes. he claims his 62% tax rate was making him think about making drastic changes, a little fuzzy on what those changes plight have been. brian schactman is here with the latest and our wealth editor robert frank. never has so much masculinity and manliness been in this newsroom since the day 50 cent walked through. >> he is studly than me. the one time phil mickelson is unhappy shooting in the low 60s. >> good in golf, not in taxes. >> after a 37th place finish at humana challenge in california where he pocketed 22,400 before taxes, phil said i happen knob that zone that is targeted federally and by the state
we'll ask herb greenberg and rocky, and golfer phil mickelson is not happy.gret talking about t but he's not higher about higher federal and california state taxes. so we asked simply does he have a point? all those things coming up at the top of the hour. "street signs" is the name of the show. back to you on "power lunch." >>> the big buzz in the golfing world is phil mickelson backtracking a bit saying he should have kept his opinions to himself on taxes. he...
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Jan 24, 2013
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tiger woods feels phil mickelson's pain on california's taxes. with taxes spiking the rich are fleeing for the borders. how much can the state take from the wealthy before there is nothing left? today's "money" power panel weighs in. >> didn't think new york apartments could get any smaller? oh how wrong you are. micro apartment are coming to the big apple. could the miniature spaces bring big profits to the developers and will they spread to more cities? one of the architects is here with the details. even when they say it's not, it's always about money. melissa: first let's look at the day's market headlines and today's market moment. the beat goes on for the bulls. strong earnings from the likes of ibm, and google helped give a boost to stocks. the dow and s&p 500 hit fresh five-year highs. the blue-chips rose 66 points. apple earnings are sliding after-hours. the company reported fiscal first-quarter earnings just a short time ago, beat expectations on the bottom line. came in a bit light on revenues. mcdonald's shares climbed. it beat expect
tiger woods feels phil mickelson's pain on california's taxes. with taxes spiking the rich are fleeing for the borders. how much can the state take from the wealthy before there is nothing left? today's "money" power panel weighs in. >> didn't think new york apartments could get any smaller? oh how wrong you are. micro apartment are coming to the big apple. could the miniature spaces bring big profits to the developers and will they spread to more cities? one of the architects...
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Jan 24, 2013
01/13
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we know it didn't work for phil mickelson. >> we hope he doesn't move away because we need him in his state of the state speech, governor
we know it didn't work for phil mickelson. >> we hope he doesn't move away because we need him in his state of the state speech, governor
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Jan 23, 2013
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. >>> to golf, where the recent tax changes have not gone unnoticed by phil mickelson.aid on sunday he would be making drastic changes because of his tax situation. he can considering moving away from his native california because taxes on it's estimated $45 million a year income for him are too high. he has since apologized for talking finances in the media. a newly passed california ballot initiative raised state income taxes on his yearly winnings to over -- early earnings of over $1 million to 13.3%. that means mickelson will now pay almost $6 million a year in state income taxes alone. many professional golfers like tiger woods move to florida and texas to avoid state income taxes. rick perry always trying to recruit new wealth and businesses to his state went on twitter and tweeted, hey, phil, texas is home to liberty and low taxes. we'd love to have you as well. >>> all right. nfl news. two weeks away from the all harbaugh super bowl, because it's "way too early," we will talk about new york football. rex ryan having a tough off season so far. he allegedly caused
. >>> to golf, where the recent tax changes have not gone unnoticed by phil mickelson.aid on sunday he would be making drastic changes because of his tax situation. he can considering moving away from his native california because taxes on it's estimated $45 million a year income for him are too high. he has since apologized for talking finances in the media. a newly passed california ballot initiative raised state income taxes on his yearly winnings to over -- early earnings of over...
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Jan 24, 2013
01/13
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that from the golf great phil mickelson at a charity event.issed the mark when he publicly complained about california's tax on millionaires and threatened to leave the state or retire from golf all together. >> i shouldn't take advantage of the form that i have as a professional golfer to try to ignite change over these issues. i shouldn't have talked about it because i don't have a plan formulated yet on what i'm going to do. >> shepard: big phil reportedly earned more than $60 million last year, meaning california's new tax rate would have cost him an additional 1.8 million bucks. lawmakers and pundits teed off over mic's comments but the golfer says he wishes he would have just kept his mouth shut. toothpaste does not go back in the tube. trace gallagher in los angeles. mic mickelson is apologizing but not taking anything back. >> no he is not. he said it because he knows there are a lot of people out there struggling to find jobs and pay their bills month to month and they don't want to hear some rich guy complain about his taxes. mic say
that from the golf great phil mickelson at a charity event.issed the mark when he publicly complained about california's tax on millionaires and threatened to leave the state or retire from golf all together. >> i shouldn't take advantage of the form that i have as a professional golfer to try to ignite change over these issues. i shouldn't have talked about it because i don't have a plan formulated yet on what i'm going to do. >> shepard: big phil reportedly earned more than $60...
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Jan 22, 2013
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and we should mention mickelson did regret saying this.is my personal opinion. >> he did. i think another thing he will regret is saying that -- he said i pay 62% or 63%. no one pays that. i spoke to so many -- >> so the math is wrong. >> the math has got to be wrong. unless he's including property taxes or some other thing. i've spoken to so many accountants who say the most he is probably paying is 50% 52%. >> but he's the first high-profile californian to complain about the tax hike and i don't think he'll be the last. >> sounds like it. thank you very much for joining us. >>> still ahead, street talking with herb. we'll talk doughnuts, chips and blackberries, plus superstorm, super miss, can verizon blame sandy for its no good very bad quarter? ♪ [ male announcer ] some day, your life will flash before your eyes. make it worth watching. introducing the 2013 lexus ls. an entirely new pursuit. >>> it is street talk sign. we have here greenberg here. let's get to some stocks. first of all insurer travelers which is moving higher today. th
and we should mention mickelson did regret saying this.is my personal opinion. >> he did. i think another thing he will regret is saying that -- he said i pay 62% or 63%. no one pays that. i spoke to so many -- >> so the math is wrong. >> the math has got to be wrong. unless he's including property taxes or some other thing. i've spoken to so many accountants who say the most he is probably paying is 50% 52%. >> but he's the first high-profile californian to complain...
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Jan 23, 2013
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phil mickelson is a san diego guy born and raised there.ll lives there he is heavily involved in the community which is why this story is getting so much attention. based on what he made last year, you mentioned what he owes extra next year. his california tax bill will be $8 million and because the new tax is retroactive he owes an additional $2 million. phil says and i'm quoting here, right now i'm like many americans who are trying to understand the new tax laws. like everyone else, i want to make decisions that are best for my future and for my family. the proposition by the way that raised taxes in california was supposed to just go strictly for education and now, of course, we have learned only half of it, maybe less will go toward education. shep. >> shepard: he could move, i suppose. and there is a welcome mat out for him. >> oh, yeah. the texas governor rick perry from no tax, texas has said he would put the welcome mat out in a tweet i'm quoting here hey phil, texas is home to liberty and low taxes. we would love to have you as we
phil mickelson is a san diego guy born and raised there.ll lives there he is heavily involved in the community which is why this story is getting so much attention. based on what he made last year, you mentioned what he owes extra next year. his california tax bill will be $8 million and because the new tax is retroactive he owes an additional $2 million. phil says and i'm quoting here, right now i'm like many americans who are trying to understand the new tax laws. like everyone else, i want...
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Jan 22, 2013
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so golf star phil mickelson now regrets saying that he'd leave california over high taxes.rates and for every buck that phil makes 63 cents go to the government. which oddly pays for obama's golf. mickelson apologized to anyone he may have upset or insulted. but who did he upset or insult? it's not like he said hey, i am leaving california because there are too many gay samoans. everyone knows there aren't enough. no, he didn't offend a race, orientation or even a size. no, phil just invented the pre-emptive apology. could there -- >> dana: yep. freddie before there could be outrage, he already folded. that's where we are in this sad, sad world, place where the successful live in fear of offending people who think their success is a sin. like lens burrman, syracuse professor, they have them there, who blogs. referring to his wealth he tells phil do you have idea how lucky you are? professor, do you have luckys? do you have any idea how lucky you are? look at your gigs. where there are no standards, no win-loss columns, no performance review, chance for injury or criticism f
so golf star phil mickelson now regrets saying that he'd leave california over high taxes.rates and for every buck that phil makes 63 cents go to the government. which oddly pays for obama's golf. mickelson apologized to anyone he may have upset or insulted. but who did he upset or insult? it's not like he said hey, i am leaving california because there are too many gay samoans. everyone knows there aren't enough. no, he didn't offend a race, orientation or even a size. no, phil just invented...
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Jan 25, 2013
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i want to go back to mickelson. why did he apologize? why?lishment of the modern progressive era. absence of shame in every arena except for success. you could do a moronic end zone dance in any sports game, but if you complain about taxes that is evil. achievement is a sin. victimization is a virtue. >> andrea: is this guilt? is this liberal guilt being successful, robert? >> bob: this did pass. now it's the high stake community. new york is number two. it gets back down to the problembe the tour had every year, they are under assault from the congress, because they are. in fact, taxing a charitable organization. i imagine the head of that, commissioner said we do not need to talk about taxes. >> eric: we have to go. a couple names that left california and went to texas and other places in the past year. chevron moved a big portion. capital one. ebay. calloway golf. hyundai and wells fargo. >> dana: carl's junior. >> eric: businesses are leaving high tax areas and going to places with lower taxes. i think california is 13.3%. >> andrea: cali
i want to go back to mickelson. why did he apologize? why?lishment of the modern progressive era. absence of shame in every arena except for success. you could do a moronic end zone dance in any sports game, but if you complain about taxes that is evil. achievement is a sin. victimization is a virtue. >> andrea: is this guilt? is this liberal guilt being successful, robert? >> bob: this did pass. now it's the high stake community. new york is number two. it gets back down to the...
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Jan 24, 2013
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here, yesterday, a change of tune for phil mickelson.takes and obviously talking about this stuff was one of them. my apologies for talking about it publicly. i shouldn't take advantage of the form that i have as a professional golfer to try to ignite change. i think it was insensitive to talk about publicly to those people who are not able to find a job and struggling paycheck to paycheck. that was insensitive to discuss. >> let's discuss it now. she the chief business correspondent for news and world report. you have a lot of folks going. some are saying what a winer and complainer and others are saying you are getting hammered. are the wealthy making changes as mickelson suggested here? >> she getting no sympathy for the taxes he pays on $50 million of income. i'm not going to defend him on that. he highlighted something that is a real problem. it's not just rich people who are getting nickelled and dimed at the federal level and the state level and the local level. a lot of middle class people are feeling the same pinch. they might b
here, yesterday, a change of tune for phil mickelson.takes and obviously talking about this stuff was one of them. my apologies for talking about it publicly. i shouldn't take advantage of the form that i have as a professional golfer to try to ignite change. i think it was insensitive to talk about publicly to those people who are not able to find a job and struggling paycheck to paycheck. that was insensitive to discuss. >> let's discuss it now. she the chief business correspondent for...
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Jan 21, 2013
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phil mickelson's golf game could go over the border due to higher taxes.cted to vote on wednesday, but the senate will have to pass a budget, so what will that entail? the answer is even higher taxes. >> we're going to do a budget this year that will have revenues in it and our republican colleagues better get used to that fact. ashley: host of his own nationally syndicated radio program and a fox news contributor. thank you both for being here. let me begin with you, the g.o.p. goes on in retreat announces essentially he will retreat on the debt ceiling issue. so what issue will they draw the line in the sand on, do you think? >> the sequestration on march 1, president obama doesn't get serious about spending and entitlement reform, ashley. $85 billion will be cut out of next year's budget that will be extraordinarily bad for the department of defense the worst people on medicare, etc. the president keeps talking and not acting, the consequences are going to get every single american. the march 1 deadline is a good deadline. ashley: to the republicans cav
phil mickelson's golf game could go over the border due to higher taxes.cted to vote on wednesday, but the senate will have to pass a budget, so what will that entail? the answer is even higher taxes. >> we're going to do a budget this year that will have revenues in it and our republican colleagues better get used to that fact. ashley: host of his own nationally syndicated radio program and a fox news contributor. thank you both for being here. let me begin with you, the g.o.p. goes on...
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Jan 23, 2013
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phil mickelson trying to take a mulligan for his comments on taxes. he will make drastic changes because of california's huge tax hike. what exactly does it mean? is he moving? is he retiring? sportscaster jim gray is sharing hints from mickelson as he joins us. >>> 2012 showed the biggest spike in home prices since the summer of 2006 but there is still time if you want in. we've got the surprising inside scoop what is hot and what's not from coast to coast. >>> iraq stumbles upon a billion barrels of oil they didn't even know they had. we have details whether that could be a global game-changer. even when they say it's not it is always about money melissa: first let's take a look at the day's market moment. a wild ride on wall street today. stocks reversed courses in midday trading with all three major indices ending the session in the green the dow ended up 62 points. travelers insurance reported fourth quarter results. the company still managed to post a profit despite increased claims from hurricane sandy. that is where the good news ended though.
phil mickelson trying to take a mulligan for his comments on taxes. he will make drastic changes because of california's huge tax hike. what exactly does it mean? is he moving? is he retiring? sportscaster jim gray is sharing hints from mickelson as he joins us. >>> 2012 showed the biggest spike in home prices since the summer of 2006 but there is still time if you want in. we've got the surprising inside scoop what is hot and what's not from coast to coast. >>> iraq stumbles...
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Jan 23, 2013
01/13
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golfer phil mickelson -- mickelson and nicolas sarkozy has a few complaints in common.barrasso with fed benghazi hearings and our democratic consultant tomorrow night. get the link store facebook page. we will be right back. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. lou: new records the growing number of states we're going to strict abortion rules. according to the debt marker institute 43 position -- provisions limiting abortion last year the second highest number since 1985 and. new poll from nbc news/"wall street journal" shows for the first time 54 percent of americans say it should be legal in all our most cases. asking if rovers is weighed it should be overturned 70 percent says no. phil mickelson says he may have to move from california because of tax increases. he said this call back finances and taxes are a per
golfer phil mickelson -- mickelson and nicolas sarkozy has a few complaints in common.barrasso with fed benghazi hearings and our democratic consultant tomorrow night. get the link store facebook page. we will be right back. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology...
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Jan 22, 2013
01/13
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CURRENT
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to golf fans the world over phil mickelson is simply known as lefty. for you. this is because of his golf swing not his politics. this became clear over the weekend when mickelson sounded off on new tax code. he warned everyone that financial drastic changes were in store for himself and the game of golf, but particularly for himself. in short multimillionaires find themselves in a time of crisis. he did not kill anyone. he is is generally thought of as having a warm and inviting personality. he's a family man and is very popular with golf fans and players alike. the anti-tiger woods if you would, but his is the latest of a string of comments by prominent millionaires and billionaires complaining that u.s. policies have reduced them to stinking rich as opposed to filthy rich. he makes over $40 million a year playing golf. there is a designated place to to whine about it, but it's in the club not here. cenk tell me what you have planned for tonight's show. it will be hard for you top. we have barack obama, bill clinton, nelson mandela coming up after th
to golf fans the world over phil mickelson is simply known as lefty. for you. this is because of his golf swing not his politics. this became clear over the weekend when mickelson sounded off on new tax code. he warned everyone that financial drastic changes were in store for himself and the game of golf, but particularly for himself. in short multimillionaires find themselves in a time of crisis. he did not kill anyone. he is is generally thought of as having a warm and inviting personality....
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Jan 23, 2013
01/13
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FBC
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golfer phil mickelson -- mickelson and nicolas sarkozy has a few complaints in common.ohn barrasso with fed benghazi hearings and our democratic consultant tomorrow night. get the link store facebook page. we will be right back. >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to relentlessly protect what matters most... [beeping...] helping stop crooks before your identity is attacked. and now you can have the most comprehensive identity theft protection available today... lifelock ultimate. so for protection you just can't get anywhere else, get lifelock ultimate. >> i didn't know how serious identity theft was until i lost my credit and eventually i lost my home. >> announcer: credit monitoring is not enough, because it te
golfer phil mickelson -- mickelson and nicolas sarkozy has a few complaints in common.ohn barrasso with fed benghazi hearings and our democratic consultant tomorrow night. get the link store facebook page. we will be right back. >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer:...
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Jan 29, 2013
01/13
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we have talked a lot about phil mickelson says he spoke out about the high tax rate he pays in california now tiger woods backed him. in our next hour, guess how much money in taxes would save from moving from california to florida just before he went pro. we will have your answer for you at the top of the hour. how much did he say? a lot. now watch this. >> the spirit of gun control, will you put it on your security team? >> i will get back to you. stuart: frequent "varney & co." guest confronting mayor bloomberg on gun control. much more to that video and you will have it right before your very eyes when jason joins us at 10:15 this morning. most working women have two jobs when men have only one. talking about work and home. we will get into that after the opening bell for you. plus, we're on "dow watch." good news on housing so watch out for the opening bell. ford, rim, apple, yahoo earning profits or otherwise. back in a moment. [ male announcer ] at his current pace, bob will retire when he's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two
we have talked a lot about phil mickelson says he spoke out about the high tax rate he pays in california now tiger woods backed him. in our next hour, guess how much money in taxes would save from moving from california to florida just before he went pro. we will have your answer for you at the top of the hour. how much did he say? a lot. now watch this. >> the spirit of gun control, will you put it on your security team? >> i will get back to you. stuart: frequent "varney...
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Jan 22, 2013
01/13
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CNBC
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mickelson lives in california.peaking after-sunday's humana challenge, said if you add up all the federal and state and disability, unemployment, social security, he lives in california. my tax rate is 62% or 63%. so i've got to make some decisions on what i'm going to do. mickelson acknowledged he could end up leaving his home state of california. he said the financial issues were the reason he pulled out of an ownership team that push chased the padres back in august. i like the back and forth that i saw in the papers about this. they point out he makes 40 million a year, so he should -- you know, i see certain people saying he should be happy with 10, how could he need more than ten? but the idea of paying two-thirds of your income -- and it's almost not -- it almost seems like it's in fees. >> 10 out of 40 is 75%. >> all right. >> well, what is it? 15 million out of 40. how do you pay 62% of what -- and it's not like -- i mean, he has a lot of talent. he works very hard. he gets paid highly for what he does. >>
mickelson lives in california.peaking after-sunday's humana challenge, said if you add up all the federal and state and disability, unemployment, social security, he lives in california. my tax rate is 62% or 63%. so i've got to make some decisions on what i'm going to do. mickelson acknowledged he could end up leaving his home state of california. he said the financial issues were the reason he pulled out of an ownership team that push chased the padres back in august. i like the back and...
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Jan 22, 2013
01/13
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FOXNEWSW
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mickelson put a face to it.has dialed that back, checking in with sponsors who didn't share that view. or maybe he wasn't supposed to. but he dialed it back. and sarkozy has his own tax issues and there may be more to the story than it would appear. but he follows the french actor who wants to go to russia and others of means, in the case of maryland, saying they were going to see a surtax on millionaires that was more than millionaire, the government didn't see the revenue its anticipated and all but rescind t.d what are we to glean from all of this isn't lesson from all of this? >> it is separated from the personalities. anybody with that high of a public profile has to be very careful about what they say. i live in a world of fellow entrepreneurs, i can tell you. i hear from those guys in california all the time. what are they doing to us? and another aspect to this that i think is missing. i don't think that entrepreneurs or successful people would be at all hesitant to pay more or pay their fair share if th
mickelson put a face to it.has dialed that back, checking in with sponsors who didn't share that view. or maybe he wasn't supposed to. but he dialed it back. and sarkozy has his own tax issues and there may be more to the story than it would appear. but he follows the french actor who wants to go to russia and others of means, in the case of maryland, saying they were going to see a surtax on millionaires that was more than millionaire, the government didn't see the revenue its anticipated and...
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Jan 24, 2013
01/13
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FOXNEWS
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mickelson's net worth is $180 million. the guy ain't hurting but tiger woods says mickelson was right about taxes especially in california and says high taxes was why woods moved out of the california and moved to florida with no state income tax in the first place. both of these guys are from california. mickelson made his hometown there for, he was born and raised in san diego. for him to leave the state is a big, big deal. if you're taking home 37 cents on the dollar, 47 cents on the dollar, i think it is okay to speak up. martha: it is something for all americans to give some thought to. bill: why did he apologize? martha: i don't know why he apologized, the backlash against it, saying is it right for any american to spend 63 cents of their dollar, of every dollar they make and hand it over to the government? bill: state, county, federal. martha: so much discussion about fair share and people, people obviously, some people are outraged. he can afford it. that is not the issue. the issue is, at what point is enough, eno
mickelson's net worth is $180 million. the guy ain't hurting but tiger woods says mickelson was right about taxes especially in california and says high taxes was why woods moved out of the california and moved to florida with no state income tax in the first place. both of these guys are from california. mickelson made his hometown there for, he was born and raised in san diego. for him to leave the state is a big, big deal. if you're taking home 37 cents on the dollar, 47 cents on the dollar,...
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Jan 21, 2013
01/13
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stuart: if people like mickelson leave and others leave, they don't get the money.y saying you know what we're not going to get as much from the upper brackets, from the facebook ipo remember that one, they have already lowered that amount. stuart: they've already downgraded how much they think they will get. charles: phil mickelson, he wants to stay there, his family is there, his business is there, he's got to maybe withdraw investments -- stuart: he grew up there. charles: right. this is the crazy thing. this is someone californians are proud of, he's proud to be there, they are forcing the guy out, they are pushing him out. you can't take all the earnings that someone makes and tell them to stay. it is not going to happen. liz: you can tell he doesn't want to leave. stuart: he's a san diego guy, as i recall. he doesn't want to leave. they're pushing him out. charles: they are. it is crazy. stuart: we have more on this coming up later on. thank you very much indeed. where are we now? listen to this please, senator chuck schumer slamming the nra, quote they sure a
stuart: if people like mickelson leave and others leave, they don't get the money.y saying you know what we're not going to get as much from the upper brackets, from the facebook ipo remember that one, they have already lowered that amount. stuart: they've already downgraded how much they think they will get. charles: phil mickelson, he wants to stay there, his family is there, his business is there, he's got to maybe withdraw investments -- stuart: he grew up there. charles: right. this is the...
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Jan 22, 2013
01/13
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phil mickelson's tax issues raise aid lost questions.er taxes prompt a lot of wealthy americans to lose. >> both sides of this. lindsey says this is exactly what happens when the government continues to raise taxes. also with us is our wealth reporter robert frank. let's do the math very quickly. when phil says his tax bite would be 62%, who is telling me now? >> you talk to any accountant. i talked to a lot of accountants today who worked with professional athletes and they say, really, there's little chance that mickelson or any athlete is paying more than 50% to 52%. even look there, that is a lot of taxes, and we have to keep in mind that for shows who take a shot at him or not, his tax rate, along with other californians, has increased 7.9% over the past three months. remember, california passed that increase proposition 30. that added 3.3%, plus that new federal tax rate, so 7.9%, so there's a lot of wealthy people in california, maybe not as rich as he is, who are thinking this same way and have a lot of sympathy for this type of
phil mickelson's tax issues raise aid lost questions.er taxes prompt a lot of wealthy americans to lose. >> both sides of this. lindsey says this is exactly what happens when the government continues to raise taxes. also with us is our wealth reporter robert frank. let's do the math very quickly. when phil says his tax bite would be 62%, who is telling me now? >> you talk to any accountant. i talked to a lot of accountants today who worked with professional athletes and they say,...
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Jan 24, 2013
01/13
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. >> phil mickelson wasn't talking about his guolf game. he was teeing off over another apology about his tax comments. >> i have made some dumb, dumb mistakes and obviously talking about this stuff is one of them. my apology is for talking about it publicly. i shouldn't take advantage of the forum that i have as a professional golfer to try to ignite change. >> mickelson hinted earlier this week he may leave california or the united states because of how much he's paying in taxes. california has a new tax rate of 13.3 percent. that is your 5@5:00. >> tiger woods moved out of california fort same reason. >> four months after the terrorist atrack hillary clinton finally testifying about what she knew. there was no shortage in fireworks yesterday in what was a heated and emotional day on capitol hill. >> i am glad you are accepting responsibility. i think ultimately with your leaving you you accept culpability of the worst tragedy since 9-11. had i been president at the time and found you did not read the cables from benghazi or bam ambassado
. >> phil mickelson wasn't talking about his guolf game. he was teeing off over another apology about his tax comments. >> i have made some dumb, dumb mistakes and obviously talking about this stuff is one of them. my apology is for talking about it publicly. i shouldn't take advantage of the forum that i have as a professional golfer to try to ignite change. >> mickelson hinted earlier this week he may leave california or the united states because of how much he's paying in...
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Jan 21, 2013
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phil mickelson is pretty teed off about taxes.may be moving out of the country because of soaring income rate taxes. his tax rate is more than 60 percent. a utah woman waking up to rumbles of noise. >> a massive boulder crashed right through his home. her leg was pinned but she was able to reach for a phone and call for help. she is being treated for nonlife threatening injuries. >> thank goodness she is okay. ainsley thank you so much. all month long we have been helping you stay on track with the new year's weight loss resolutions. this week we have great gadgets to help you keep your fitness going. first we have dvd's that are your dvd's. what is unique about these? >> a new trend in fitness in 2013 is high intensity training work hard for just a half an hour. you have time to fit your workout in. we do plyometrics going high and low and getting the calories burned. >> sort of like the p 90 x series. >> head phones what is so good about these? >> i have a fitness dvd they are water proof ultra light. they are for men, women gre
phil mickelson is pretty teed off about taxes.may be moving out of the country because of soaring income rate taxes. his tax rate is more than 60 percent. a utah woman waking up to rumbles of noise. >> a massive boulder crashed right through his home. her leg was pinned but she was able to reach for a phone and call for help. she is being treated for nonlife threatening injuries. >> thank goodness she is okay. ainsley thank you so much. all month long we have been helping you stay...
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Jan 23, 2013
01/13
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lori: famous golfer phil mickelson has been making headlines lately.y leave the state of california because of the high tax rate. fellow golfer tiger woods backed him up saying tax rates were the reason he left for florida back in 1996. but it is not just sports elite that are thinking of leaving. fox's william la jeunesse is in los angeles with, who else might be leaving the maybe not so golden state, william? >> reporter: mickelson is not the only millionaire here. we have 34 thousand in california. i talked about 7. some already left the state. others want to. a state hoping to raise 5 to $7 billion from the 1% by charging them 13.3% in income taxes. >> if you have excessive regulations, and excessive tax, that's just not where you want to be. >> reporter: from san diego to san francisco, wealthy californians are bailing out. >> we have had a tenfold increase in calls from various parts of california, particularly los angeles and the bay area where many people are seeking to find a way to leave the state. >> reporter: some already have. >> it never
lori: famous golfer phil mickelson has been making headlines lately.y leave the state of california because of the high tax rate. fellow golfer tiger woods backed him up saying tax rates were the reason he left for florida back in 1996. but it is not just sports elite that are thinking of leaving. fox's william la jeunesse is in los angeles with, who else might be leaving the maybe not so golden state, william? >> reporter: mickelson is not the only millionaire here. we have 34 thousand...
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Jan 23, 2013
01/13
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. >> phil mickelson is talking taxes instead of the fairways and why he's now apologizing for that. >> marine corps taking a different stance hours after saying beyonce lip synced yesterday. >> and new, at 4:30. >> in san ramone, how this piece of equipment is keeping this piece of low tech materials safe for you, and your family. we'll have a live report. >> trook taking a look at traffic here at 4 n:10. it's bumper to bumper, almost a dead stop going left to right. a lot better for folks on the right hand side of the screen heading towards 101 south. stay with us, more >>> marin county is using a new emergency alert system to let people know quickly when there is a dangerous situation, using alerts for any type of emergency that could affect residents, workers or students in marin, requiring people to register online beginning this saturday. the system only alerts people who might be affected by given emergencies. >> we only ed send it out to a specific location. we can see it on the map and different data points. >> volunteers will get the word out at shopping centers and sites abo
. >> phil mickelson is talking taxes instead of the fairways and why he's now apologizing for that. >> marine corps taking a different stance hours after saying beyonce lip synced yesterday. >> and new, at 4:30. >> in san ramone, how this piece of equipment is keeping this piece of low tech materials safe for you, and your family. we'll have a live report. >> trook taking a look at traffic here at 4 n:10. it's bumper to bumper, almost a dead stop going left to...