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California Controller Urges Tax Code Change to Cap Deferred Payments

Los Angeles Dodgers' Shohei Ohtani answers questions during a baseball news conference at Dodger Stadium Thursday, Dec. 14, 2023, in Los Angeles. (AP Photo/Ashley Landis)

Picture this: a world where even the highest earners have their glory days cut short by the taxman. Well, that's the vision California Controller Malia M. Cohen is bringing to the forefront, as she urges Congress to make some much-needed changes to the tax code. And the target of her campaign? None other than the sensational Shohei Ohtani.

You see, Ohtani recently inked a mind-boggling $700 million, 10-year contract with the Los Angeles Dodgers. A jaw-dropping deal, no doubt. But what caught Cohen's attention were the deferred payments. A whopping $680 million dollars, to be exact, trickling in from 2034 to 2043. Now, what's the fuss about? It's all about taxes, my friends.

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