PHILS PAYING $251M: TAX A SMALL PRICE FOR ANOTHER WORLD SERIES!

By Sally Fahey

The Phillies will be paying the luxury tax again in 2023 since their payroll is $251 million.

The Phillies also paid the tax in 2022, but that resulted in a wondrous World Series.

That means they are currently set to be taxed at a 30% rate, with that rate jumping to 42% for spending that goes over the $253 million line.

You gotta’ spend money to make money!

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