Top golfer Phil Mickelson may leave California because of the tax increases on millionaires caused by passage of state ballot initiative Proposition 30. Proposition 30 raises sales tax 1/4 0f 1 percent for four years, and raises income tax on earnings over $250k for seven years, to fund state schools. The income tax increase will be mostly significant for those making more than $1 million.
Mickelson says his tax bite from state and federal taxes will be 62-to-63 percent, cutting his estimated $47 million earnings in 2012 to a paltry $18 million. Mickelson says he will have to make “drastic changes”, a statement many interpret to mean he will leave California, or possibly even retire from golf because it just isn’t worth the trouble to be a measly millionaire 18 times over.
The rest of California will be sad to see you go, Phil. Oh, and don’t let the border hit you in the ass on the way out.
Basketball great Michael Jordan apparently foiled some sort of terrorist plot on Sunday, according to this CNN report.
NBC cut performances by The Who, Ray Davies, Kate Bush, and Muse from their Olympic closing ceremony coverage to air a new program entitled “Animal Practice”. Apparently they felt the musical acts were too good and might clash with the rest of their Olympic presentation.
U.S. runner Manteo Mitchell finished his leg of the 4×400 meter relay with a broken fibula. The U.S. team finished second and qualified for the final on Friday.
Three years after a gender controversy at the world championships in Berlin stopped…uh…their career in its tracks, South African runner Caster Semenya made, um – their Olympic debut Wednesday. Semenya has progressed to the semifinal of the 800m at the Olympics after finishing second in, ah…their qualifying heat.
Pennsylvania State University has removed the famous statue of football coach Joe Paterno in the fallout from the Jerry Sandusky child molestation case. Although Paterno informed Penn State officials of Sandusky’s conduct, neither he nor they reported it to authorities. Some feel removing the statue is an over-reaction, and instead Paterno’s pose should have been changed to something more appropriate.
The Women’s Tennis Association has announced it will issue handheld “grunt meters” to umpires to measure the loudness of player grunting on the court. Farting will still be allowed, to the dismay of spectators.
Soccer star Fabrice Muamba suffered a heart attack during an FA Cup match Saturday. The 23-year-old mid-fielder for the Bolton Wanderers was given 15 cardiac shocks and was technically dead for 78 minutes. He is said to be in good spirits and speaking in both English and French, however all he says is “ass piano” over and over again.