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Dolphins Owner Wants to Sell His Stake Before Obama Raises Taxes

 
Anonymous Coward
User ID: 529995
United States
10/28/2008 09:42 AM
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Dolphins Owner Wants to Sell His Stake Before Obama Raises Taxes
Posted by Kim Priestap
Published: October 27, 2008 - 2:10 PM
First, I don't think Obama will win next Tuesday. DJ has done a fantastic job outlining how badly these polls have been because their party ID weights have been in the Democrats' favor by 7 - 10 percentage points. In 2006, an awful year for the GOP, the Dems had only a three percent advantage. In 2004 the parties were even. If you actually weigh the polls correctly, then this thing is so close it's a virtual tie.
Dolphins owner H. Wayne Huizenga said Sunday no date has been set for selling up to 45 percent more of the team to Stephen Ross, but the presidential election is among the issues weighing on his decision.
That's because a Barack Obama administration is expected to mean higher capital-gains taxes.

"He wants to double the capital gains tax, or almost double it," Huizenga said. "I'd rather give it to charity than to him."


That had to have smarted. Besides, Huizenga's money would be distributed far more efficiently than if it were to go to the government.

[link to wizbangblog.com]
Anonymous Coward (OP)
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10/28/2008 09:43 AM
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Re: Dolphins Owner Wants to Sell His Stake Before Obama Raises Taxes
And so it begins...
Anonymous Coward
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Malaysia
10/28/2008 09:45 AM
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Re: Dolphins Owner Wants to Sell His Stake Before Obama Raises Taxes
Good excuse to unload so he can pay his debts to his brokerage bank. He must have lost a lot in the crash
Anonymous Coward (OP)
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10/28/2008 09:46 AM
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Re: Dolphins Owner Wants to Sell His Stake Before Obama Raises Taxes
This is just the begining of what is about to take place should Obama win the election.The economics of this country will change drastically,and it wont be good.

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