PGA Golfer Phil Mickelson May Retire or Move from California After Democrats Rob Him of 62% of His Income

WELCOME TO BARACK OBAMA’S CLASS WARFARE WORLD … Is the Obama tax increase going to force golfer Phil Mickelson to retire, maybe.

In an interview with Forbes, PGA golfer Phil Mickelson stated that he may retire and/or move from California as Obama and Democrat tax increases now take more than 62% of his income. Thanks to Barack Obama, Democrats, Obamacare and the state of California, Mickelson will see far less money at years end. Due to the fiscal cliff bill, Mickelson will experience an increase in his top tax rate on ordinary income from 35% to 39.6%, and an increase in his top rate on long-term capital gains and qualified dividends from 15% to 20%. Also, because Obama allowed the expiration of the temporary 2% reduction in the payroll tax rate on the first $113,700 of self-employment income. Wait, there is more. Thanks to Obamacare, Mickelson will be liable for an additional 0.9% tax on his self-employment income and 3.8% tax on his net investment income after each exceeds $250,000.  However, it does not stop there, the folks of California actually passed a proposition to increase taxes. In November, California passed Proposition 30, which increases the top income tax rate on resident millionaires to 13.3%.

Word is, Phil Mickelson is mad as hell about rising tax rates, and he’s not going to take it anymore.  What follows is a brief portion of an interview Mickelson gave earlier today after carding a final-round 66 at the Palmer Course at PGA West in La Quinta – which I assure you, is not associated with the La Quinta next door to your local Denny’s – in which the golfer hinted that he is considering drastic career changes because of a combined tax rate nearing “62, 63 percent:”

Q. When you’re asked about Stricker’s semi-retirement, with the political situation the last couple months, blah, blah, blah, what did you mean by that? Do you find it an unsettling time in a way?

PHIL MICKELSON: Well, it’s been an interesting offseason. And I’m going to have to make some drastic changes. I’m not going to jump the gun and do it right away, but I will be making some drastic changes.

Why wouldn’t one question working hard, entering as many tournaments as Phil does and being away from his family when between the feds and state they take more than 60% of his income. All this so Obama and the libs in California can redistribute his hard work to slackers.  Makes all the sense in the world, those that work their tail off, to have the fruits of their labor given to those who don’t. Welcome to Obamaland.

President Barack Obama Says “US Is Not Deadbeat Nation” …Misses Deadline for Sending Budget to Congress after Continued $1 Trillion Deficit Spending

THE LION LYING KING: President Barack Obama is once again playing divisive, misrepresentative, fear, blame games … says “US is not a Deadbeat Nation”.

No, we are not a deadbeat nation, we have a deadbeat President in office. Barack Obama is claiming that the US will default on their debt if the debt ceiling is not raised. YOU LIE. We will not default, all that will occur is that new spending will be halted. Something that needs to happen. What a joke this president is. Just after he says that the US is not a deadbeat nation, Obama missed the deadline to sending a budget to Congress. Who is the deadbeat, Mr. President? To date, Obama has yet to have any budget passed by Congress. When Obama was Senator Obama in 2006. he stated that raising the debt limit was “a sign that the U.S. Government can’t pay its own bills”. So what’s the difference now, oh, he is now president. Sorry America, but Barack Obama’s presidential spending spree is the definition of a deadbeat. Obama is not saying that by extending the debt limit, he is paying for current debt. He is doing this to tack more wasteful spending on to a credit card that he never intends to pay back. That my friend is the definition of a deadbeat.

The “Deadbeat” President 

The Frontpage Magazine reported the following:

1. In 2006, Obama said that raising the debt limit was “a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies”.

Now failing to raise the debt limit and not pay the bills using financial assistance from foreign governments to finance his reckless fiscal policies is a sign that America can’t pay its own bills. By which he means his bills.

2. When you run up this high a debt, then you are a deadbeat. Turning the national numbers into a family income, Obama’s spending spree is the equivalent of a family with a $21,700 annual income running up $16,500 in new debt to be added to $142,710 in existing credit card debt.

If that’s not the definition of a deadbeat, I don’t know what is.

3. It’s not America’s debt. It’s America’s debt the way that it’s your debt when the bellboy runs up illegal charges on your credit card. And here the bellboy is accusing the hotel of being deadbeats unless they let him run up a lot more charges on the country’s credit card.

4.  Obama isn’t proposing that America pay the bills, but that it borrow even more money that he doesn’t intend to pay back either.

Remember when Obama said that adding $4 trillion in debt was unpatriotic … Why is it different for Obama’s nearly $6 trillion? 

 Why is it different for Obama and why is the MSM not holding his feat to the fire and pointing out the obvious double talk? Obama is the most divisive and misrepresentative president we have ever had and when you call him on it, one is branded a racists. Some one best call him out and stop his destruction of the United States before its too late and we do not have a country to save. Seriously America, how simple is this for you to understand? If all a credit card company did was increase your limit whenever you went over, you would never get serious and pay down your debt, you would just keep spending until the next increase. Until eventually you have such an insurmountable debt that could never be paid.

Americans Suddenly Noticed They’re Pay Checks are Less Thanks to Obama’s Payroll Tax Hike

Hey America, how’s that hopey-changey Obama payroll tax increase treating ya?

America, so you thought that Barack Obama and Democrats were just looking to raise taxes on the rich, eh? This past Friday when you received your pay check you realized otherwise. So many jealous and envious people were so caught up in Obama’s class warfare in taxing and punishing the so-called rich with a tax increase that they did not even consider that Obama was going to raise taxes on them too.  Don’t say you were not warned.

Obama is laughing at the fact he was able to divert the attention of Americans away from the Obama payroll tax increase

As reported at Yahoo.com, say hello to the Obama payroll tax hike and goodbye to your hard earned money to the government. According to the Tax Policy Center, about 160 million workers pay this expired payroll tax that President Barack Obama cared little to extend during a terrible economic down turn. The increase will cost the average worker about $700 a year. The joke of a fiscal cliff bill contained no provisions to help the middle class avoid this 2% tax increase.

Americans are beginning to feel the pinch from Washington’s decision to embrace austerity measures aimed at bringing down the nation’s budget deficit.

Paychecks across the country have shrunk over the last week due to higher federal tax rates, and workers are already cutting back on spending, which will drag on the economy this year.

In Warren, Rhode Island, Ben DeCastro got his first paycheck on Friday in which taxes on his wages rose by 2 percentage points. That works out to about $30 a week.

“You sit back and do the calculation, and that’s $30 I’m not going to spend at a restaurant,” said DeCastro.

He said he worries that people hit by higher taxes will spend less at the chain of furniture stores where he works as a marketing manager.

Economists estimate the payroll tax hike will reduce household incomes by a collective $125 billion this year. Some households could reduce contributions to retirement accounts or other savings, but most are also expected to cut back on spending.

That alone could reduce economic growth this year by about 0.6 percentage point, said Michael Feroli, an economist at JPMorgan in New York City.

“The headwind to growth should be noticeable,” he said.

Everybody Must Sacrifice & Have Skin in the Game But He … Obama’s Latest Vacation to Hawaii Cost Tax Payers $7 Million, What a Message to Struggling Americans

YET ANOTHER INSULT TO THE AMERICAN MIDDLE CLASS …

Remember those famous words from Barack Obama in 2009 during an interview with ABC’s George Stephanopoulos? No not the one where George had to remind Barack that he was a Christian and not Muslim (VIDEO). Actually we are referring to the one below where Obama tells America that “Everyone must sacrifice … Everyone must have some skin in the game.” That is everyone except Barack, Michelle and the rest of the first family. As Obama says about everything he inflicts upon “We the People” … It is for thee, not for me.

As reported at the Telegraph, Barack Obama’s $7 million Hawaii vacation is an insult to America’s struggling middle class. With the nation at $16.4 trillion and counting, Obama expects John Q. Public to sacrifice, yet Barack an the first family get to vacation in Hawaii at a cost of $7 million to the tax payers. NICE.  Isn’t it peculiar that Obama demonized the so-called rich during the election, yet he expects the 98% to pay for his 1% vacations?

$16.4 trillion – that’s the latest figure for America’s massive national debt. Nearly $6 trillion of this debt was racked up in the first term of the Obama presidency – a 50 percent increase. It is horrifying to imagine what the debt will be when Obama leaves the White House in 2016, unless Congress has the willpower to stand in the way.

Meanwhile, as the world’s superpower is literally drowning in debt, President Obama is basking in the warmth of the beaches of Hawaii, at an exclusive resort way beyond the financial reach of most Americans. The president pays the cost of his own family’s accommodations, but there are a large number of associated costs which are paid from the public purse.

What is the actual cost of Obama’s lavish vacation to the American taxpayer? A staggering $7 million, according to veteran White House reporter Keith Koffler, who wrote in his blog earlier this week:

Another Obama Lie … Workers making $30,000 will take a Bigger Hit on their Pay than those Earning $500,000 under New Obama Fiscal Cliff Deal

RETURN OF THE LION LYING KING … If his lips are moving, you can bank on the fact that he is lying.  Barack Obama lies again to the American people about “paying their fair share”. 

Remember when President Barack Obama said repeatedly in his “class warfare”  talking points that every American must pay their fair share? Then he stated that the new fiscal cliff deal was a win for the middle class and a tax on those evil, greedy rich. Au contraire mon frere, as reported at the Daily Mail, under Obama’s new fiscal cliff plan workers making less than $30,000 a year will take a bigger hit than those making $500,000 a year. For those who were once again duped by Obama, this means that the middle class will be hit harder to their income proportionately than those earning between $200,000 and $500,000.

Middle-class workers will take a bigger hit to their income proportionately than those earning between $200,000 and $500,000 under the new fiscal cliff deal, according to the nonpartisan Tax Policy Center.

Earners in the latter group will pay an average 1.3 percent more – or an additional $2,711 – in taxes this year, while workers making between $30,000 and $200,000 will see their paychecks shrink by as much as 1.7 percent – or up to $1,784 – the D.C.-based think tank reported.

Overall, nearly 80 percent of households will pay more money to the federal government as a result of the fiscal cliff deal.

‘The economy needs a stimulus, but under the agreement, taxes will go up in 2013 relative to 2012 – not only on high-income households, as widely discussed, but also on every working man and woman in the country, via the end of the payroll tax cut,’ said William G. Gale, co-director of the Tax Policy Center.

‘For most households, the payroll tax takes a far bigger bite than the income tax does, and the payroll tax cut therefore – as [the Congressional Budget Office] and others have shown – was a more effective stimulus than income tax cuts were, because the payroll tax cuts hit lower in the income distribution and hence were more likely to be spent,’ he added.

Just curious, where is the MSM informing the middle class of this Obama lie? This is what happens why you reelect an already known “misrepresenter” to a second term when a president is accountable to no one.