Count George Steinbrenner as one of the early notable billionaires who's inheritance [no matter who receives it] will transfer tax-free this year only...
The Yankees bilked New Yorkers and Americans out of billions of dollars in subsidiesthanks to the team's cozy relationship with friends at every level of government.
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Be sure to look for Rudy Giuliani at his permanent seats behind home plate the next time you catch a game. Steinbrenner's well financed and highly successful NY Yankees demonstrates the necessary involvement of government assistance in the profitability of the sports franchise.
I have to wonder if the New York Yankees will continue to buy championships now that Steinbrenner is gone. Good timing might just make it so.