The rich are not like you and me

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Between their multiple businesses, homes, charitable initiatives and executive income, the McCourts’ finances seem outrageously complicated. I mean, it must me murder to do their taxes.  Oh wait . . .

The McCourts, who own the Los Angeles Dodgers (so she says; he says
he’s the owner and she’s not), jointly pocketed income totaling $108
million from 2004 through 2009, according to documents Jamie McCourt
recently filed in the couple’s divorce case in Los Angeles County
Superior Court.

On that sum, they paid zero federal and state income tax. Jamie suggests that some tax breaks will apply this year too.

The reasons why this is so are set forth in the article, but they can be summed up as “that tax code that the rich people are always complaining about actually treats rich people really, really well.”

Report: Guardians, 1B Josh Bell reach 2-year, $33M deal

Kyle Ross-USA TODAY Sports
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SAN DIEGO — The Cleveland Guardians and slugging first baseman Josh Bell have agreed to a two-year, $33 million contract, according to a person familiar with the negotiations.

The person spoke to The Associated Press on condition of anonymity because the deal was pending a review of medical records.

Bell played for Washington and San Diego last season, batting .266 with 17 homers and 71 RBIs in 156 games.

Cleveland is coming off a surprising 2022 season, going 92-70 and winning the AL Central for the first time since 2018. The addition of Bell gives the Guardians more power for their lineup after they hit just 127 homers this year – the second-lowest total in the majors.

The 30-year-old Bell is a .262 hitter with 130 homers and 468 RBIs over seven seasons with three big league teams. He had his best year with Pittsburgh in 2019, making the NL All-Star team while batting .277 with 37 homers and 116 RBIs in 143 games.

The switch-hitting Bell also is expected to benefit from restrictions on defensive positioning coming to the game next year.