Oct 29 - Dolphins Owner: I Have to Sell This Team Before Obama Gets Elected

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 9 years ago '06        #1
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servesurite 42 heat pts42
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Oct 29 - Dolphins Owner: I Have to Sell This Team Before Obama Gets Elected
 

 
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.

Ross purchased 50 percent of the team and Dolphin Stadium for $550 million earlier this year with the intention he would eventually become majority owner. NFL owners approved the eventual transfer this month, meaning it can take place anytime.

"If you do it this year or you do it next year, the difference is humongous because of the taxes," Huizenga said.

But the Obama campaign disputed Huizenga's figures on Monday, saying the candidate's plans are to raise the capital gains tax maximum from 15 percent to 20 percent -- a 33 percent increase, not double. And the top rate would be for families earning more than $250,000 or individuals earning more than $200,000.

"Mr. Huizenga is wrong about Senator Obama's tax plan, which calls for a maximum capital-gains rate of 20 percent -- a third lower than the rate that President Reagan set in 1986," said Bobby Gravitz, Obama campaign South Florida spokesman. "Furthermore, Senator Obama's tax cut for 95 percent of working families will mean a whole lot of Dolfans will be better able to afford those ever-rising ticket prices."

Regardless of when he sells, Huizenga vows to maintain a 5-percent stake in the team.

"It's been 19 years and after 19 years, it's kind of time," he said. "I don't want to be one of those owners who gets real old and hangs in there, we know some of those stories already, I don't want to be one of those guys."

[pic - click to view]

 sourcy

97 comments for "Oct 29 - Dolphins Owner: I Have to Sell This Team Before Obama Gets Elected"

 9 years ago '04        #2
smurfdoran 25 heat pts25
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man it dont matter, yo a** stilll rich. like thgats gonna keep u from going broke
 9 years ago '04        #3
jewelz1132 5 heat pts
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greedy a.ss lol...
 9 years ago '04        #4
ScaledAt10 1 heat pts
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$4,657 | Props total: 1072 1072
Their pulling out all the stops... They have Joe the plumber on TV talkign sh*t and now the owner of the terrible Dolphins blaming and lying on Obama.

I love it, just don't shoot me. You know who I'm talking to
 10-29-2008, 07:35 AM         #5
carl0489 
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These poor multimillionaires, there suffering as much as the rest of us in this economic crisis. Nex thing you know he's gonna have to trade in his phantom for a Bentley :smh2:
 9 years ago '05        #6
HeGotBeatz 6 heat pts
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"Furthermore, Senator Obama's tax cut for 95 percent of working families will mean a whole lot of Dolfans will be better able to afford those ever-rising ticket prices."

OOOooooo, ever-rising! good come back
 10-29-2008, 08:07 AM         #7
Scorp 
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bye bye wayne
 9 years ago '04        #8
VerballyAbusive 
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Another example of greedy rich folks...
 9 years ago '08        #9
stlcardinals19 32 heat pts32
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Man, if Obama wins Florida b/c of this....
 9 years ago '04        #10
ggfresh 15 heat pts15
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OBAMA dosn't care about rich people
 9 years ago '04        #11
Konartis81 
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hows he greedy for not wanting to waste his money. hes saying hes old and wants to sell his share of the team and he wants to do it before he gets taxed alot more.
 10-29-2008, 12:38 PM         #12
markman04 
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i love how you haters hate. he doesn't want to lose money that he's EARNED. Would you? taxing a group of people more because they make more and redistributing their money is socialism.

say wat you want, but if/when Obama gets elected, most of you better make sure you thank people like Wayne Huizenga for paying for your dinner at night.
 10-29-2008, 12:39 PM         #13
carl0489 
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 Konartis81 said:
hows he greedy for not wanting to waste his money. hes saying hes old and wants to sell his share of the team and he wants to do it before he gets taxed alot more.
All of that bullsh*t he said about Obama was unnecessary. He knows there's hella mudslinging goin on right now, especially in the final week, and all he's doin is adding more fuel to the fire.


Only 6 days left til all of this dramas over. I'm seriously gettin tired of that f*g**t breal postin his bullsh*t.

That's right breal123 I'm callin you out! I seen them pics of you and your homo friends you weak bi*ch. Jealousy's a motherfu*ker aint it
 9 years ago '04        #14
haterade2885 1 heat pts
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 ggfresh said:
OBAMA dosn't care about rich people
dont care about israel, and a lotta other sh*t too.
 10-29-2008, 12:46 PM         #15
carl0489 
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 markman04 said:
i love how you haters hate. he doesn't want to lose money that he's EARNED. Would you? taxing a group of people more because they make more and redistributing their money is socialism.

say wat you want, but if/when Obama gets elected, most of you better make sure you thank people like Wayne Huizenga for paying for your dinner at night.
WTF? Another peoplerunnin alias? Y'all is the c*ckroaches of bx the way y'all be scurryin around here.

Lemme grab my raid so I can exterminate you motherfu*kers

[pic - click to view]

 10-29-2008, 12:47 PM         #16
markman04 
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 carl0489 said:
WTF? Another peoplerunnin alias? Y'all is the c*ckroaches of bx the way y'all be scurryin around here.

Lemme grab my raid so I can exterminate you motherfu*kers

[pic - click to view]


way to hit the subject head on internet tough guy
 10-29-2008, 12:52 PM         #17
carl0489 
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 markman04 said:
way to hit the subject head on internet tough guy
GTFO!

I'm steady tryin to get student loans while these motherfu*kers are gettin tax breaks? Trickle down economy my a.ss. These a**holes aint been helpin us out before, they aint gon' help us out later.

That aint socialism its common sense.

And Ima need you to get past 25 posts before you try to call me out.
 9 years ago '08        #18
UnkleLuc_ 3 heat pts
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$6,469 | Props total: 159 159
Stupid rich fu*k.. makin horrible decisions for my team, and ready to jump ship because of some tax increases fu*king d*ckwad
 10-29-2008, 12:55 PM         #19
AlBundysfingers 
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i call a bx fundraiser for this guy...i feel sorry for him, i mean how would all of you feel if you only had 200 mil to live off the rest of your life..


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 9 years ago '06        #20
Malcolm 34 heat pts34
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$6,129 | Props total: 1204 1204
I can't believe Wayne is bi*ching about this. Dude has money all over this damn city.
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