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Tiger Woods Says High State Taxes Drove Him from California to Florida

Former California resident Tiger Woods has bagged more than $100 million in prize money during his career, according to Forbes magazine.

LA JOLLA, CA -- Tiger Woods, speaking Tuesday at the Torrey Pines Golf Club, sympathized with colleague Phil Mickelson, saying he moved out of California in 1996 because of high taxes.

“Well, I moved out of here back in ‘96 for that reason,” Woods said in response to a question from a reporter in advance of the Farmers Insurance Open. “I enjoy Florida, but also I understand what he was, I think, trying to say. I think he’ll probably explain it better and in a little more detail.”

Woods has bagged more than $100 million in prize money during his career, according to Forbes magazine.

Also read: Mickelson Backs Off ‘Stupid’ Remark Hinting He May Leave State

On Wednesday, Mickelson plans to discuss the issue that landed him in hot water, following his pro-am round at Torrey Pines. The San Diego native apologized Monday, saying he regretted airing his opinion.

Mickelson, who lives in Rancho Santa Fe, said he might move out of California to avoid Proposition 30 state income tax increases on people earning more than $250,000 a year. Individuals earning $500,000 or more, or couples filing jointly and declaring income of more than $1 million, will pay 3 percent more than before.

Including federal taxes, Mickelson said “62, 63 percent” of his income was going to the government. He cited financial issues as part of the reason he did not join the Padres’ new ownership group.

The first round of the Farmers Insurance Open is set for Thursday, with Woods and Mickelson leading the field. Woods said he supported the idea of returning the U.S. Open to Torrey Pines and believes it could happen in the next 10 years. In 2008, Woods won the prestigious tournament in a playoff over Rocco Mediate.

—City News Service

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ROY RODGERS January 25, 2013 at 03:48 AM
TIGER SUCKS BIG TIME NOW. HE DOESN;T NEED TO WORRY ABOUT MORE TAXES HE NEEDS TO WORRY ABOUT HIS CRAPPY PLAY (ON THE COURSE)

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