Tiger admits he left California for tax reasons

LA JOLLA (CNS) – Tiger Woods, speaking at the Torrey Pines Golf Club
Tuesday, 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.

Tomorrow, 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.

Categories: KUSI