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Joined: May 2008
Posts: 16,540
Campfire Ranger
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OP
Campfire Ranger
Joined: May 2008
Posts: 16,540 |
The Chosin Few November to December 1950, Korea.
I'm not one of the Chosin Few but no more remarkable group of Americans ever existed.
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Joined: Oct 2009
Posts: 16,718
Campfire Ranger
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Campfire Ranger
Joined: Oct 2009
Posts: 16,718 |
Love 'em or hate 'em - he was the Yankees!
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Joined: Feb 2002
Posts: 32,044
Campfire 'Bwana
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Campfire 'Bwana
Joined: Feb 2002
Posts: 32,044 |
I'm sorry to say i won't miss him
A Doe walks out of the woods today and says, that is the last time I'm going to do that for Two Bucks.
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Joined: Oct 2009
Posts: 16,718
Campfire Ranger
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Campfire Ranger
Joined: Oct 2009
Posts: 16,718 |
I'm sorry to say i won't miss him Me either, but that doesn't change the fact that his iron-fisted rule -and willingness to spend huge money- defined the Yankees' success for many years. Win baby, win.
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Joined: May 2008
Posts: 16,540
Campfire Ranger
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OP
Campfire Ranger
Joined: May 2008
Posts: 16,540 |
He owned a pro sports team and he wanted to win more than any other owner.
And continually proved it.
I gotta admire that.
The Chosin Few November to December 1950, Korea.
I'm not one of the Chosin Few but no more remarkable group of Americans ever existed.
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Joined: Oct 2009
Posts: 16,718
Campfire Ranger
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Campfire Ranger
Joined: Oct 2009
Posts: 16,718 |
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Joined: Apr 2008
Posts: 5,087
Campfire Tracker
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Campfire Tracker
Joined: Apr 2008
Posts: 5,087 |
No wonder we didn't get Cliff Lee!
ddj
Many men go fishing all their lives without knowing that it is not fish they are after. - Henry David Thoreau
The best part of hunting and fishing was the thinking about going and the talking about it after you got back. - Robert Ruark
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Joined: Oct 2002
Posts: 9,997
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2002
Posts: 9,997 |
I'm sorry to say i won't miss him But tears are being shed over at the IRS. No federal estate tax will be due from his estate. There may be some at the state level. And there won't be any step up in cost basis for his estate, but capital gains taxes are far lower than estate taxes. He may have put it to others in business throughout his storied career and he was able to really stick it to the IRS in the end.
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Joined: Apr 2004
Posts: 61,130
Campfire Kahuna
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Campfire Kahuna
Joined: Apr 2004
Posts: 61,130 |
I'm sorry to say i won't miss him But tears are being shed over at the IRS. No federal estate tax will be due from his estate. There may be some at the state level. And there won't be any step up in cost basis for his estate, but capital gains taxes are far lower than estate taxes. He may have put it to others in business throughout his storied career and he was able to really stick it to the IRS in the end. Scary, when I had the same thought on first glance. Gotta wonder how many other large estates will pass this year...
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Joined: Nov 2003
Posts: 67,698
Campfire Kahuna
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Campfire Kahuna
Joined: Nov 2003
Posts: 67,698 |
Sam......
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Joined: Oct 2002
Posts: 9,997
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2002
Posts: 9,997 |
I'm sorry to say i won't miss him But tears are being shed over at the IRS. No federal estate tax will be due from his estate. There may be some at the state level. And there won't be any step up in cost basis for his estate, but capital gains taxes are far lower than estate taxes. He may have put it to others in business throughout his storied career and he was able to really stick it to the IRS in the end. Scary, when I had the same thought on first glance. Gotta wonder how many other large estates will pass this year... I bet it will be the topic of discussion in DC for a while. The current estimate of his estate is about $1.1 billion. This puts the lost revenue to the treasury at approximately $500 million. Ouch! I still don't agree with the estate tax, but it is exposing the ineptitude of congress, again.
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Joined: Apr 2004
Posts: 61,130
Campfire Kahuna
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Campfire Kahuna
Joined: Apr 2004
Posts: 61,130 |
What are the odds that Congress tries to do a retro-active fix on the death tax later this year?
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Joined: Oct 2002
Posts: 9,997
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2002
Posts: 9,997 |
I am not sure they can go retroactive with a punitive tax. I think they can only go retroactive on an easing situation. Could be wrong on that and I wouldn't put it pass this bunch.
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Joined: Apr 2004
Posts: 61,130
Campfire Kahuna
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Campfire Kahuna
Joined: Apr 2004
Posts: 61,130 |
I am not sure they can go retroactive with a punitive tax. I think they can only go retroactive on an easing situation. Could be wrong on that and I wouldn't put it pass this bunch. Thus, the "tries" part of the question. It'd IMMEDIATELY get litigated, but I'm fairly certain that the lame duck session (esp. if the demoncraps lose control of the House and their 60 in the Senate) will push it.
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Joined: Aug 2004
Posts: 28,196
Campfire Ranger
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Campfire Ranger
Joined: Aug 2004
Posts: 28,196 |
He was kind of like Charley Finley from Oakland, always the arrogant SOB, but forever a colorful part of baseball.
RIP.
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Joined: Jan 2004
Posts: 2,811
Campfire Regular
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Campfire Regular
Joined: Jan 2004
Posts: 2,811 |
RIP George. A real character.
"I call that bold talk for a one-eyed fat man." --Robert Duvall.
"Fill your hand, you son-of-a-bitch!" --John Wayne.
~Molɔ̀ːn Labé Skýla~
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Joined: Aug 2004
Posts: 411
Campfire Member
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Campfire Member
Joined: Aug 2004
Posts: 411 |
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Joined: Aug 2006
Posts: 20,554
Campfire Ranger
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Campfire Ranger
Joined: Aug 2006
Posts: 20,554 |
Being a lifelong Red Sox fan one would think that I would be happy about his passing but quite the contrary. I thought he was one helluva good owner who wanted nothing more than to create a MLB dynasty, he just happened to choose the Yankees. I believe no matter what team he would have owned, they would have been champions too.
R.I.P. George
That's ok, I'll ass shoot a dink.
Steelhead
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Joined: Jan 2006
Posts: 21,810
Campfire Ranger
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Campfire Ranger
Joined: Jan 2006
Posts: 21,810 |
Steinbrenner - not the nicest guy in the world, but effective.
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Joined: Jan 2005
Posts: 38,865
Campfire 'Bwana
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Campfire 'Bwana
Joined: Jan 2005
Posts: 38,865 |
...who wanted nothing more than to create a MLB dynasty, he just happened to choose the Yankees. I believe no matter what team he would have owned, they would have been champions too.
The problem is baseball allowed him (and will allow anyone else who cares to spend the money) to do so in a way that was great for that purpose, but detrimental to the game.
Not a real member - just an ordinary guy who appreciates being able to hang around and say something once in awhile.
Happily Trapped In the Past (Thanks, Joe)
Not only a less than minimally educated person, but stupid and out of touch as well.
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