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Posted on 12/11/23 at 5:04 pm to JimTiger72
Apparently if he isn't living in California at the end of his deal he won't have to pay taxes on the 68 million
Posted on 12/11/23 at 8:37 pm to JimTiger72
quote:
Does he avoid paying CA taxes doing it this way?
That 680 million he is deferring 10 years is worth over 1.5 billion with an additional decade for it to grow in a basic index fund. There is no tax scenario where deferring that much money for ten years is a smart financial move. This is all about wanting to win championships with the best team the Dodgers can afford to buy.
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