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It's starting, many sports franchises to change hands


realtruelove

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they are convinced that they also will make over 200k at some point. that is highly unlikely but they are reaching for that carrot that is dangled before them. problem is, not all of us can make 200k. it is a dream that few reach but is hyped up enough so that the poor and middle class come to the defense of the wealthy because they are holding out hope that someday they will be in the upper class, it's a friggin joke, a goddam pipe dream

 

what the hell does someone like ralph wilson need more money for? another gold plated toilet? another wing to his 3rd mansion?

according to Biden its 150K.....it keeps getting lower

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PITTSBURGH (AP) --

It's starting, many sports franchises to change hands, now to avoid higher capital gains under Obama

 

Pittsburgh Steelers chairman Dan Rooney's four brothers have agreed to sell a controlling stake of the team to him and his son, the Pittsburgh Tribune-Review reported.

 

Patrick and Art Rooney Jr. confirmed the deal in a story posted on the paper's Web site Friday night. They and their other two brothers -- Timothy and John -- could get a total of $750 million after debt is taken out, according to the report.

 

Art Rooney Jr. said the brothers hope to get the deal wrapped up before a board meeting in December. Both sides want to get a deal done by then because they are worried about possible higher taxes once the Obama administration is in office.

 

you are reading way too much into this sale...this has been rumored for some time and has nothing to do with Obama getting elected, it might happen before he takes office but its not happening because of it

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So if the two Rooneys get $750 million they each get $375 million before taxes. At 30% that's still $262.5 million. When is enough money enough? Those poor souls have to sell now, otherwise the gov't will send them to the poor house. What did they ever do that earned themselves that much money other than being born to the right family? Each of those clowns could spend $14,374 every day for the next 50 years and still not be totally broke. Cry me a river.

 

It's called Capitalism at it's finest. If you made that kind of money and someone said you have worked to hard and made to much for your own good, it's time to give it to everyone else, you would be pissed too!!!! Why try to succeed when you can let Government decide who gets what? GET A CLUE!!

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It's called Capitalism at it's finest. If you made that kind of money and someone said you have worked to hard and made to much for your own good, it's time to give it to everyone else, you would be pissed too!!!! Why try to succeed when you can let Government decide who gets what? GET A CLUE!!

LOL! I'd still rather make $200/250K and pay more in taxes than be the guy who gets the handout. The idea that it's not worth working more/harder is ridiculous.

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200K does not put you in the upper class or make you wealthy. Live in MA and see how you live on $200K+. Believe me I am not upper class in this state.

 

 

Maybe you're not managing your money correctly... You have any leaks in the pipe? gambling, poker etc?

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