Why Phil Mickelson’s Remark Was Really Dumb
If you have very high income and leave a very high tax state, you can almost count on the taxing authorities challenging you on domicile, because once you have established domicile you are stuck with it until you establish a new domicile. To make up a fairly silly example, if Phil moved his family into a luxurious RV that followed the tour, California would have a very good case for holding onto him. That’s why he needs to buy the place at Lake Nona.
Tax Planning – Repairman Jack Style
She shook her head. “How can that be? You’ve got to have a social security number. You’ve got to have a bank account, a credit card, a driver license. You can’t function without them.”
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Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.