BP Posted October 28, 2008 Share Posted October 28, 2008 Click here to find out more! Updated: 8:24 p.m. Text size: increase text sizedecrease text size Wayne Huizenga wants to sell Dolphins before Barack Obama raises tax Obama campaign disputes figures By Sarah Talalay | South Florida Sun-Sentinel 8:24 PM EDT, October 27, 2008 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." 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." Don't make this political, please. Link to comment Share on other sites More sharing options...
Maxman Posted October 28, 2008 Share Posted October 28, 2008 If that is true it is funny that Wayne didn't know the correct percentage. Link to comment Share on other sites More sharing options...
SMC Posted October 28, 2008 Share Posted October 28, 2008 LOL Link to comment Share on other sites More sharing options...
ZachEY Posted October 28, 2008 Share Posted October 28, 2008 Huh? JetNation want's to raise taxes? Link to comment Share on other sites More sharing options...
Jets Babe Posted October 28, 2008 Share Posted October 28, 2008 Huh? JetNation want's to raise taxes? good one. Link to comment Share on other sites More sharing options...
BP Posted October 28, 2008 Author Share Posted October 28, 2008 Huh? JetNation want's to raise taxes? That has to be the POTW! Link to comment Share on other sites More sharing options...
Bergen Jet Posted October 28, 2008 Share Posted October 28, 2008 Huh? JetNation want's to raise taxes? Yeah. But only to $55 a year. Link to comment Share on other sites More sharing options...
Lil Bit Special Posted October 28, 2008 Share Posted October 28, 2008 Huh? JetNation want's to raise taxes? Yes. Its part of Max's plans for World domination. Max is Obama. Link to comment Share on other sites More sharing options...
BP Posted October 28, 2008 Author Share Posted October 28, 2008 Yes. Its part of Max's plans for World domination. Max is Obama. Oh no, you didn't. Link to comment Share on other sites More sharing options...
JETSFAN5180 Posted October 28, 2008 Share Posted October 28, 2008 Miami Dolphins soon to be on E-BAY................... Link to comment Share on other sites More sharing options...
StillerPaul Posted October 28, 2008 Share Posted October 28, 2008 Yeah. But only to $55 a year. Just imagine if we all hadda pay that to post here. Ya think he'd give us any perks for the $$ ?? Link to comment Share on other sites More sharing options...
aec4 Posted October 28, 2008 Share Posted October 28, 2008 If that is true it is funny that Wayne didn't know the correct percentage. If Obama said it's going from 15% to 20%, that is the one jump it is NOT going to take. They haven't been truthful for 2 yrs, why start now? Link to comment Share on other sites More sharing options...
Blackout Posted October 28, 2008 Share Posted October 28, 2008 whats censoreD? Link to comment Share on other sites More sharing options...
Lil Bit Special Posted October 28, 2008 Share Posted October 28, 2008 whats censoreD? dirty nasty words like Barack and obama. Link to comment Share on other sites More sharing options...
Blackout Posted October 28, 2008 Share Posted October 28, 2008 barack obama it's not censored Link to comment Share on other sites More sharing options...
Lil Bit Special Posted October 28, 2008 Share Posted October 28, 2008 [quote name='Blackout Link to comment Share on other sites More sharing options...
DMaynard Posted October 28, 2008 Share Posted October 28, 2008 dirty nasty words like Barack and obama. I'll say the unmentionable. Barack Hussein Obama. Forget JN. Keith Overbite and Chris Mathews will send a hit squad after me. Link to comment Share on other sites More sharing options...
yisman Posted October 28, 2008 Share Posted October 28, 2008 JetNation, please do not raise my capital gains tax. It's high enough as it is. Thank you Link to comment Share on other sites More sharing options...
Sharrow Posted October 28, 2008 Share Posted October 28, 2008 Miami fans could pay zero taxes and they still wouldn't show up for the games. Link to comment Share on other sites More sharing options...
floridajet Posted October 28, 2008 Share Posted October 28, 2008 dirty nasty words like Barack and obama. Or even worse like McCain and Palin... Link to comment Share on other sites More sharing options...
shawn306 Posted October 28, 2008 Share Posted October 28, 2008 Or even worse like McCain and Palin... Or any of them for that matter. They all suck Link to comment Share on other sites More sharing options...
afosomf Posted October 28, 2008 Share Posted October 28, 2008 is it just me or does this thread reek with poitical innuendo my 2 cents I will be on ballot and appreciate your support platform Flat Tax at 20% Free online Jet memberships with $20k up front vcash:D Link to comment Share on other sites More sharing options...
faba Posted October 28, 2008 Share Posted October 28, 2008 Lets stop the political comments here- We can agree Miami sucks though. Link to comment Share on other sites More sharing options...
joiseyjet Posted October 28, 2008 Share Posted October 28, 2008 Or even worse like McCain and Palin... Yea even worse. why support a guy & a woman who actually not only put their lives on the line serveing this country but their children did also and for the record O`bama said when he was first running he wouldn`t raise the Capital gains tax any higher then Clinton first did which was 28% close to 1 3rd of any profit you make going to the gov. nothing like letting those who work pay for those who don`t Link to comment Share on other sites More sharing options...
faba Posted October 28, 2008 Share Posted October 28, 2008 I repeat keep your political feelings somewhere else not here to all members. Link to comment Share on other sites More sharing options...
BP Posted October 28, 2008 Author Share Posted October 28, 2008 I'm locking this. Link to comment Share on other sites More sharing options...
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