erynthered Posted December 4, 2008 Share Posted December 4, 2008 Update Thats good news. Thanks for the up-date. Link to comment Share on other sites More sharing options...
KRC Posted December 18, 2008 Author Share Posted December 18, 2008 Another Update. Link to comment Share on other sites More sharing options...
All_Pro_Bills Posted December 18, 2008 Share Posted December 18, 2008 A key reason why these sales are being consumated before the end of 2008 is expected changes in capital gain and estate tax rates. The new administration is sure to propose legislation in 2009 to raise these taxes on the 'rich'. Whether you agree with that philosophy or not, the result is these sales are happening now to avoid higher taxes. Any tax changes passed in 2009 will be retroactive to January 1, 2009. If Ralph is as frugal as some suspect, would he be looking to sell the team before the end of 2008 to avoid the higher tax rates on either himself or his estate? To this point have not seen or heard any rumblings about the Bills being in play. Link to comment Share on other sites More sharing options...
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