Californians will be surprised to learn that the income-tax increase voters approved in November was, according to Doug Ferguson at the Associated Press (HT Steven Greenhut at Reason.com), "the first tax increase in the state since 2004." I had no idea that residents of the once-Golden state have been so lucky in avoiding any tax increases of any kind for so long. (/sarc)
It would appear that Ferguson, in his coverage of golfer Phil Mickelson's mea culpa for having the nerve to observe that California's onerous taxes might lead him to make difficult decisions which might even include retirement, meant to write that California has seen no statewide income tax increase in nearly a decade. But that isn't what he wrote. Maybe I should cut the AP reporter some slack because he's on the sports beat, and in context, one could see that he was probably only referring to income taxes. But I won't, because of the final excerpted sentence seen after the jump (bolds are mine):
So the Lefty, better known as Phil Mickelson publicly aired his political grievances in an interview with CBS Sports the other day, noting that federal and state tax policies in California have him strongly weighing whether now might be the time to retire.
The three-time Masters champion said he would have to make some "drastic changes" when more than 60 percent of his future earnings are taken away by the government, due to the passage of California's Proposition 30 and the expiration of the Bush-era tax cuts for top income earners: