George Steinbrenner’s exquisite timing has been noted in various media today. It seems there might be a place for “extreme estate planning.” If you’re on a respirator, have terminal cancer, etc. and are part of the moneyed class, you might want to pull the plug “for the children”, since you aren’t long anyway. As a Christian, I can’t recommend helping God’s process through artificial and violent means. But I can see how even somebody relatively healthy who wanted to save his family $500m or so might decide that he didn’t want to die alone in such a target-rich environment. There are bound to be unintended consequences to a 55% death tax.
UPDATE 7/16: I’m not the only one to think of this… and other people have statistics and interviews.