By dying in 2010, George Steinbrenner has protected his family at the plate from horrendous estate taxes.
Quite by accident, the Senate, last year, allowed the estate tax to lapse. It will very likley come roaring back in 2011, with a top rate of 55%. For estate planning purposes, Steinbrenner picked the perfect year to die.
You are an asshole.
ReplyDeleteSteinbrenner had dementia and was going senile. It was the perfect time for him to die. Maybe his family will donate to causes which study dementia. Of course the FEDS would've blown his money on war or welfare for all of these starving CEO's.
ReplyDeleteThe government decides(with such courage) to take some arbitrary amount of money that it sees fit and entitled to from somebody after they die(55%), collapsing numerous businesses they(the departed) may have left behind. In turn leaving the employees of that business unemployed. But no no no no, Robert Wenzel is the asshole.
ReplyDeleteSteinbrenner was a winner to the end and in the end
ReplyDeleteAmen, Curtis J. I am not a Yankee fan, just a baseball fan in general. For all his supposed faults, he created a billion-dollar empire with his own money and own ingenuity.
ReplyDeleteThe state just steals and hands it out to its friends. Good for Steinbrenner on dying without a gun pointed at his coffin
Steinbrenner wins again, good for his family.
ReplyDelete