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doxydad

(1,363 posts) Fri Jun 6, 2014, 11:54 AM Jun 2014

Donald Sterling's last laugh: Tax-free $2 billion Clippers sale

Since Mr. Sterling is probably well advised, the corporation is likely an S corporation. That means whether Mr. Ballmer buys stock or assets, there should be no corporate tax.

http://finance.yahoo.com/news/donald-sterlings-last-laugh-tax-231100454.html
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But, he's still a POS racist douche.

3 replies

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Donald Sterling's last laugh: Tax-free $2 billion Clippers sale (Original Post) doxydad Jun 2014 OP

All of that fussing by him. I can't believe he had Sister to TxTowelie Jun 2014 #1

So what is an old guy like him going to do with upaloopa Jun 2014 #2

Bought for 12M, sold 2B Warren Stupidity Jun 2014 #3

Sister to TxTowelie

(117 posts)

1. All of that fussing by him. I can't believe he had

Reply to doxydad (Original post)

Fri Jun 6, 2014, 12:04 PM

Jun 2014

People defending his ownership.

Screw him.

upaloopa

(11,417 posts)

2. So what is an old guy like him going to do with

Reply to doxydad (Original post)

Fri Jun 6, 2014, 12:08 PM

Jun 2014

two billion dollars. He'll die and have to leave it to someone or other. Maybe he will leave it to some social justice group.
I doubt it but it could happen

Warren Stupidity

(48,181 posts)

3. Bought for 12M, sold 2B

Reply to doxydad (Original post)

Fri Jun 6, 2014, 12:28 PM

Jun 2014

His investment has multiplied 166 times over 33 years. Too bad you don't have a spare 12M to invest like other rich fucks, huh?

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