WASHINGTON, July 14 (UPI) -- U.S. Sen. Jim Bunning, R-Ky., said Wednesday New York Yankees owner George Steinbrenner was "smart" to die in a year when there is no federal estate tax.
Bunning, in comments during a meeting of the Senate Finance Committee, said because Steinbrenner "was smart enough to die in 2010, there is zero tax liability to the estate tax," the Louisville (Ky.) Courier-Journal reported.