January 23, 2013

Quote of the Day

Too bad Lefty [California golfer Phil "Lefty" Mickelson ] will no longer help educate the lefties on the incentive effects of marginal tax rates. But he can still vote with his Gulfstream and take his tour winnings and his endorsement income to a more friendly locale, such as Florida, Nevada or Texas. All three still have no state income tax, which may be one reason Tiger Woods and so many other golfers (including many Europeans) also live in Florida. Expect a continued migration. -- WSJ Ed Page
Quote of the Day Posted by John Kranz at January 23, 2013 3:10 PM

I just gotta ask, was California's prior tax burden not already disincentive enough for him to live there?

Posted by: johngalt at January 23, 2013 5:34 PM

The new increase - passed as a ballot measure by the voters, no less - was apparently the camel that broke his straw back.

Posted by: Keith Arnold at January 23, 2013 6:24 PM | What do you think? [2]