Mickelson is a better golfer than odumbo so odumbo is mad as hell and raising his taxes?
That is the FIRST thing I thought about when I heard his name in this!! Of COURSE they are out to get ANYONE that goes up against them!!
Just another high profile Martha Stewart-like case while the real Wall Street crooks go unscathed.
He finishes Thursdays first round at The Memorial and the FEDS approach him on the course. What did they think he was going to do, fire the jet up and take off for Bolivia? This was public harassment all the way, regardless of the circumstances. How dare anyone speak out against the liberals tax schemes.
Well
What follows?
I will reserve my outrage until I know whether he committed a crime.
Holder is trophy hunting.
Phil didn’t give enough money to the DNC, apparently. He must not understand the Mafia and “protection.”
He probably donated money to the TEA Party. That’s illegal in this country.
Only congress can legally trade on inside information, think about that.
Phil Mickelson Denies Wrongdoing, Regarding Investigation
FBI, SEC Probe Golfer, Sports Bettor William ‘Billy’ Walters and Activist Investor Carl Icahn
By Scott Calvert
May 31, 2014
DUBLIN, Ohio—Pro golfer Phil Mickelson said he has done “absolutely nothing wrong,” making his first public comments about a federal insider-trading investigation involving him, Las Vegas sports gambler William “Billy” Walters and Wall Street activist investor Carl Icahn.
“That is why I have been fully cooperating with the FBI agents, and I am happy to do so in the future, too, until this gets resolved,” Mr. Mickelson told reporters on Saturday after the third round of the Memorial Tournament here.
The Wall Street Journal reported on Friday that the Federal Bureau of Investigation and the Securities and Exchange Commission are examining whether Mr. Mickelson and Mr. Walters—an occasional golf partner of Mr. Mickelson’s—traded on nonpublic, potentially market-moving information provided by Mr. Icahn to Mr. Walters on at least one occasion.
Mr. Icahn, long known for his efforts to force changes in companies by taking aggressive ownership positions, and Mr. Walters, one of the country’s most well-known sports bettors, have been friends since Mr. Icahn owned the Stratosphere Hotel in Las Vegas.
Federal authorities haven’t yet determined whether illegal activity has taken place, according to people close to the matter.
Mr. Walters declined to comment when contacted on Friday. Mr. Icahn said on Friday that he is always very careful to observe all legal requirements in his activities and that the suggestion he was involved in improper trading was “inflammatory and speculative.”
Mr. Mickelson confirmed FBI agents approached him here on Thursday, the first day of the golf tournament. But he didn’t say what they asked about, and he declined to answer several other questions about the investigation, including when he was first contacted by the FBI or whether he had made certain investments now under scrutiny.
snip
The process IS the punishment.
The government has unlimited resources with which to bankrupt anyone they target.
If the Feds haven’t determined if anything illegal has happened, why the heck are they confronting Mickleson ON THE GOLF COURSE? That’s workplace harassment.
This sounds like payback just before the US Open. YEP.
And remember when they all rooted for Michael Vick the dog fight king’s vindication?
He did nothing more than act on a stock tip from a friend.
Anyone who doesnt track the sum-total of taxes they pay in a year is probably paying alot more than they realize.
I'm not "rich" ... I'm not one of those in the top 1% or even one of the top 5% taxpayers. As I look at the tax tables, I'm within the top 10% of all wage earners.
I pay very careful attention to my taxes and do everything I can to minimize them. I buy as much on-line as I can (tax free, free shipping) limiting more local purchases to food and clothes and those necessities that can't wait (car repairs for example.)
I live in a high-tax state (Illinois) so we have a State Income Tax, State Sales Tax, and some of the highest Property/Real Estate taxes in the country.
Why, we even have taxes on taxes (gasoline is double-taxed here...)
My total tax burden between all state, federal, county, local, sales and property taxes is 58%.
That's right, 58% of every dollar I make goes to some form of tax, all for the privilege of living here in the United States of AmeriKa and the People's RepubliK of Illinois.
I cannot imagine California being any better for Mickelson and I imagine if he really looked at his taxes (and all the different state income taxes he pays) he's probably even worse off than he thinks.
BTW: YES, he's being targeted. Anyone who doesn't believe that has their heads up their backsides. That is the history and modus operandi of this Administration.