Donald Sterling NOT selling the Clippers

GatorStaceyAdams

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Unless he puts the team in an irrevocable trust or the 2 billion and has the executor of the estate to limit withdrawals every year

:mjlol: People thinking that billionaires pay the tax rate that you or I would pay. As you have stated- There are several ways to escape paying an exorbitant amount of taxes with his sale of the team.

Thing is- this aint about $$.

His kids, grandkids, great grandkids will be set for life. Whether he sells for 1 billi or 2 is of little concern to him. A man of his wealth, age, and stature is much more concerned about his pride and simply being right:yeshrug:

He knows that he has dirt on a lot of these owners, much worse than what he was caught saying. A man of his status cannot be bought out to fall on his proverbial sword...
 

Slystallion

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:mjlol: People thinking that billionaires pay the tax rate that you or I would pay. As you have stated- There are several ways to escape paying an exorbitant amount of taxes with his sale of the team.

Thing is- this aint about $$.

His kids, grandkids, great grandkids will be set for life. Whether he sells for 1 billi or 2 is of little concern to him. A man of his wealth, age, and stature is much more concerned about his pride and simply being right:yeshrug:

He knows that he has dirt on a lot of these owners, much worse than what he was caught saying. A man of his status cannot be bought out to fall on his proverbial sword...

There is a lot of strategies they can use to eliminate the estate tax burden or get rid of an asset and still retain an income stream from it , the industry i'm going to work for is pretty much set up to eliminate as much tax burden as possible through wealth management
 

Methodical

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:mjlol: at some nba players were :blessed:especially Chris Paul hung out with ex-Microsoft CEO Steve Ballmer at LA Kings Hockey game. So now they would be like :dwillhuh:......what a f*cking clown.


Boycott would have worked and they would have to force the owners to vote but they didn't and we got no vote.

:smh:
 

Big Boss

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and this nikka is still prancing around with minority women.

our women have no damn pride. If some black panther malcolm x dude said vile shyt about white people, he'd lose all his blondes overnight, they'd fear for their lives at the fury white men would bring, they don't want to get disowned by their family AND community, cacs would pull up their whole history and plaster that shyt online. this nikka on the other hand is stacking more. Its so absurd at this point, anger has turned into laughter , the sheer audacity. :heh:

"you ******s got aids, you are my enemy, we treat you like dogs *hops out SUV with 2 black dimes*" :wow:



:wow:
 

Type Username Here

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:mjlol: at some nba players were :blessed:especially Chris Paul hung out with ex-Microsoft CEO Steve Ballmer at LA Kings Hockey game. So now they would be like :dwillhuh:......what a f*cking clown.


Boycott would have worked and they would have to force the owners to vote but they didn't and we got no vote.

:smh:


A lot of people saw this coming. People think labor strikes are done in order to just get immediate demands met, but in actuality, it's to show the unity of the labor and the willingness to seize power at a moment's notice.
 

VladTheImpaler

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:mjlol: People thinking that billionaires pay the tax rate that you or I would pay. As you have stated- There are several ways to escape paying an exorbitant amount of taxes with his sale of the team.

Thing is- this aint about $$.

His kids, grandkids, great grandkids will be set for life. Whether he sells for 1 billi or 2 is of little concern to him. A man of his wealth, age, and stature is much more concerned about his pride and simply being right:yeshrug:

He knows that he has dirt on a lot of these owners, much worse than what he was caught saying. A man of his status cannot be bought out to fall on his proverbial sword...

You may not be aware of this, but if you look at his worth, they are already set for life.

:what:
 

MustafaSTL

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Why are people acting like the vote can't still happen?
 

VladTheImpaler

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:dwillhuh:
I never suggested that they werent. My use of the transitive verb 'will', was simply because I am not aware whether or not Donald Sterling has great grand kids:yeshrug:
if he has great great great grandkids, they are covered too.......

I guess that was the idea :manny:


unfortunately, its all a win for him financially breh
 
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