Golf star Phil Mickelson is thinking of leaving California to avoid paying high taxes . Edward McCaffery : Lefty has a point -- high tax rates create disincentives . He says the problem is that we tax work , not wealth ; this is is backward . Comment:
Golf star Phil Mickelson is thinking of leaving California to avoid paying high taxes . Edward McCaffery : Lefty has a point -- high tax rates create disincentives . He says the problem is that we tax work , not wealth ; this is is backward . McCaffery : We should be taxing the act of spending , not that of work and savings .