SAN DIEGO - Phil Mickelson released a statement Monday clarifying his statement about rising taxes at the federal and state level.
"There are going to be some drastic changes for me because I happen to be in that zone that has been targeted both federally and by the state and, you know, it doesn't work for me right now," he said Sunday after the final rounds of the Humana Challenge.
Mickelson released the following statement Monday.
"I absolutely love what I do. I love and appreciate the game of golf and the people who surround it. I’m as motivated as I’ve ever been to work on my game, to compete and to win championships," he said.
Mickelson further stated that he, like many Americans, is trying to understand the new tax laws. He said that he has been speaking with many people in order to make an intelligent and informed decisions. He stated that he had no definitive plans, but will make decisions that is best for his family.
He added that, "Finances and taxes are a personal matter and I should not have made my opinions on them public. I apologize to those I have upset or insulted and assure you I intend to not let it happen again."
Mickelson has scheduled a news conference for Wednesday.
Richard Rider, who heads the group San Diego Tax Fighters said Mickelson finds himself in the same position as many wealthy Californians.
"The most obvious solution that he's going to announce is his departure from the state of California," said Rider.
Here is how Mickelson described his situation after the Humana tournament.
"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's 62, 63 percent," Mickelson said.
Rider said Proposition 30, which was passed by California voters last November, is to blame.
"An accountant can help, but the first thing an accountant's going to tell anyone who lives in California after we passed this 13.3 percent tax is to get out," Rider said.
10News tried contacting Gov. Jerry Brown's office for a comment, but no one was there due to the Martin Luther King Jr. holiday.
However, when asked a question in November about rich people leaving California because of Prop. 30, the governor cited the findings of a Stanford University study.
"Most of them – when they do leave – leave because they are going through a nasty divorce, so I would say if they would all work on their relationships, we'll take care of spending their money wisely," Brown said.
Rider predicts that once the full impact of Prop. 30 hits the wealthy, they will start to leave the Golden State.
"It's not going to be dramatic," he said. "It's going to over a period of time... probably four or five years that you're going to see rich people leaving and rich people not coming."
Rider said that will be bad for residents because according to him, rich people pay most of the taxes in California.
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