Stienbrenners passing

[SteamWake]

I really dont know much about the guy other than evidently he was the penultimate capitolist

The timing of George Steinbrenner’s death may have ensured that the 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...-98418909.html

The 45 percent tax expired in January and starts up again in 2011 at 55 percent.

Truthfully, most of the so called rich have already established trusts to evade the tax in any case.