Phil Mickelson, the professional golfer apologized Tuesday for publicly saying he was going to make "drastic changes" in his life due to new U.S. and California tax laws.
On Sunday, the 42 year-old champion golfer - who Forbes estimates is the seventh-highest paid athlete in 2012 with earnings of $47.8 million - said he is reevaluating his situation.
"If you add up all the federal and you look at the disability and the unemployment and the social security and the state, my tax rate is 62-63%," Mickelson said.
When asked if he would leave the U.S., the longtime California resident said he was not sure, but faced with losing two-thirds of his income to taxes, can you blame him?
OutFront tonight: Roland Martin is a CNN contributor and so is Reihan Salam who also writes for the National Review.
Notify me of new comments via email.
Erin Burnett OutFront airs weeknights at 7 p.m. ET. Designed to showcase Erin's unique style--casual, smart, and confident--OutFront stays ahead of the headlines, delivering a show that's in-depth and informative.
Get every new post delivered to your Inbox.
Join 476 other followers