Steinbrenner spends during life, but saves at death

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Steinbrenner spends during life, but saves at death

Bonus Quote of the Day

“Because he was smart enough to die in 2010, there is zero tax liability on the estate tax. If he had died in 2009, or 2011, there would have been a $500 million tax liability to his estate in 2009, and in 2011 — under the proposal that we have — there would have been a $600 million liability.”

— Sen. Jim Bunning (R-KY), quoted by The Hill, on the passing of New York Yankees owner George Steinbrenner.

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