"It comes at a time when we are dealing with a $68 billion dollar deficit here in the state of California," Cohen said. "And so, I'm waving the flag because as the state Controller and also chair of the Franchise Tax Board, I'm concerned. I'm concerned about the impact on future California revenues."
"Don't get me wrong, I'm a sports fan and I wish Ohtani and the Dodgers well - however, full disclosure, I am a Giants fan," Cohen said. "I just think that there should be a cap on deferrals ... just like there are limitations for everyday taxpayers."
She acknowledged there's not much that can be done about the Ohtani deal, so any reforms would be aimed at protecting tax revenue against future contracts.
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