SteamWake
07-14-10, 11:30 AM
I really dont know much about the guy other than evidently he was the penultimate capitolist :03:
The timing of George Steinbrenner (http://www.subsim.com/topics?topic=George+Steinbrenner)’s death may have ensured that the New York Yankees (http://www.subsim.com/topics?topic=New+York+Yankees) franchise stays in the family.
Because of a lapse in the federal estate tax, Steinbrenner’s family is saving about $500 million that they would have otherwise had to pay Uncle Sam. The 45 percent tax expired in January and starts up again in 2011 at 55 percent.
http://www.nbcnewyork.com/news/local-beat/Steinbrenner-Family-Exempt-From-Estate-Tax-98418909.html
The timing of George Steinbrenner (http://www.subsim.com/topics?topic=George+Steinbrenner)’s death may have ensured that the New York Yankees (http://www.subsim.com/topics?topic=New+York+Yankees) franchise stays in the family.
Because of a lapse in the federal estate tax, Steinbrenner’s family is saving about $500 million that they would have otherwise had to pay Uncle Sam. The 45 percent tax expired in January and starts up again in 2011 at 55 percent.
http://www.nbcnewyork.com/news/local-beat/Steinbrenner-Family-Exempt-From-Estate-Tax-98418909.html