As he mulled a $39 million contract offer from the Red Sox in recent days, Mike Napoli took a hard look at the team’s clubhouse, where dysfunction reigned last season. The first baseman also kept an eye on the White House, where President Obama is advocating higher tax rates next year for big earners.
For people in Napoli’s tax bracket, the federal income tax rate is scheduled to rise from 35 percent to 39.6 percent on Jan. 1. The rate increase is not certain to occur — Republicans and Democrats are still wrangling over how to reduce the federal deficit — but the prospect of higher taxes is driving people due hefty payouts next year, from athletes to investors, to try to collect some of that money this year.
Comments
No pity whatsoever. I had my barf bag handy as I read this article. I didn't get any relief from the nausea until I read the last sentence. You shouldn't have to wait for the last sentence before reading something REASONABLE.
Simply stated - UNPATRIOTIC. No one should go and watch you play. Remember PAT TILLMAN? I don't think he would try to cheat his own country. He paid the ultimate price, you are trying to cheat you own country and your fellow citizens thanks to whom you are so lacky to earn this kind of money.
yet tax rates do not impact behavior
Keep kicking strawmen.
how would you explain it?
This is the most pathetic example of "I want all of mine, all the time". These clowns are paid millions of dollars and are hedging against maybe a hundred grand or so.
Selfish, greedy. When you only make 13 mil a year, you have to look out for every penny. Just as a comparison, Napoli, after he plays his 12th game with the Red Sox, will have made as much as I made, in total, over my 35 year career as a teacher.
Like others in his tax bracket, he would be very hard pressed to make this kind of money anywhere else in the world.