The Dodgers' approach of deferring over $1 billion in salaries led to public outrage and political scrutiny as it exploits tax loopholes designed for modest pensions. California Senator Josh Becker criticized the Dodgers, emphasizing the significant revenue loss the state faces, potentially amounting to $138 million. The deferred contracts enable the team to circumvent hefty luxury taxes and contribute to rising resentment towards the Dodgers, who are already facing backlash for their significant financial resources and star-studded lineup. The situation spotlights concerns about fairness in taxpayer obligations among wealthy teams.
"The Dodgers are exploiting that loophole. It was never intended to be for anything remotely like this," says California senator Josh Becker.
"Every dollar of salary deferred could be a dollar the state cannot tax," Becker highlights, indicating the financial impact of the Dodgers' deferred contracts.
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