Because he was smart enough to die in 2010, there is zero tax liability on the estate tax. If he had died in 2009, or 2011, there would have been a $500 million tax liability to his estate in 2009, and in 2011 — under the proposal that we have — there would have been a $600 million liability.
— Sen. Jim Bunning (R-KY), quoted by The Hill, providing some badly needed perspective on the passing of New York Yankees owner George Steinbrenner.
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