Big Beat Steve Posted July 15, 2010 Report Posted July 15, 2010 He was a friend to disadvantaged children, athletes and coaches, musicians, law enforcement, firefighters, and service men and women and their families. Now how is this to be understood exactly? Disadvantaged children + disadvantaged athletes and coaches + disadvantaged firefighters etc. Sure would make for an interesting mix ... Quote
vajerzy Posted July 16, 2010 Report Posted July 16, 2010 Read the book "Damned Yankees" by Bill Madden and Moss Klein- Yankees in the Steinbrenner era- what a hoot! Quote
alocispepraluger102 Posted July 16, 2010 Report Posted July 16, 2010 Read the book "Damned Yankees" by Bill Madden and Moss Klein- Yankees in the Steinbrenner era- what a hoot! george something i wrote on george earlier in the day. Quote
vajerzy Posted July 16, 2010 Report Posted July 16, 2010 Read the book "Damned Yankees" by Bill Madden and Moss Klein- Yankees in the Steinbrenner era- what a hoot! george something i wrote on george earlier in the day. Nice- thanks for posting! Quote
Brad Posted July 16, 2010 Report Posted July 16, 2010 Read the book "Damned Yankees" by Bill Madden and Moss Klein- Yankees in the Steinbrenner era- what a hoot! george something i wrote on george earlier in the day. Reading your article bought to mind something one of Steinbrenner's limited partners once said, "there's nothing more limiting than being a limited partner of George's." Re the estate tax, I read somewhere the bill would have been $500 million and, in all likelihood, the Steinbrenner would have had to sell the Yankees to pay the bill. Quote
kh1958 Posted July 16, 2010 Report Posted July 16, 2010 From the ABA Journal: Yankees owner George Steinbrenner may have saved his heirs as much as $600 million in estate taxes by dying in 2010. The estate tax expired in 2009, and a new one doesn’t take effect until 2011, when heirs will be taxed at a top rate of 55 percent, according to the Wall Street Journal (sub. req.) and the Associated Press. Steinbrenner’s net worth has been estimated at $1.15 billion, and dying in 2010 rather than 2011 could amount to a $600 million savings for his heirs, the Wall Street Journal says. Quote
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