Thursday, July 15, 2010
Bunning: Steinbrenner "Smart" To Die
KENTUCKY...
Outgoing Kentucky U.S. Sen. Jim Bunning had some high praise for New York Yankee owner George Steinbrenner, who died Tuesday. "Because he was smart enough to die in 2010, there is zero tax liability on the estate tax," Bunning was quoted as saying Wednesday. The 78-year-old Republican, who is retiring after two terms, made the comment during a Senate Finance Committee hearing on tax cuts enacted by President George W. Bush. One of those cuts was a repeal of the estate tax for the year 2010 only. Last year, Bunning apologized to U.S. Supreme Court Justice Ruth Bader Ginsburg for saying he believed she could die within a year from pancreatic cancer. He made the remark after she had a small cancerous tumor removed.
# posted by Homer Owens @ 6:24 PM 
