Tiger Woods: Tax Rates Drove His California to Florida Move
While the Florida Senate majority office is busy trying to lure golfer Phil Mickelson to Florida via Twitter, they could add the comments of a notorious Jupiter Island resident to the sales pitch.
Fellow golfer Tiger Woods told reporters at a press conference Tuesday at Torrey Pines Golf Course in La Jolla, Calif., that he moved from the Golden State to the Sunshine State in 1996 in search of better tax rates.
“I moved out of here back in ’96 for that reason,” Woods told reporters.
On Sunday, Mickelson said he will need to make “dramatic changes” because of the taxes he faces due to the voter-approved Proposition 30 that hikes California’s income tax rate from 10.3 percent to 13.3 percent on those making more than $1 million a year, while his federal tax bracket grows from 35 percent to 39.6 percent.
On Tuesday, the Florida Senate majority office tweeted to Mickelson: “We hear you on taxes! Florida has no income tax & some of the world's best golf courses.”