Who is John Galt?

How about Wayne Huizenga, owner (for now) of the Miami Dolphins?

Mr. Huizenga, who has owned the Dolphins for 19 years, is about to sell 45% of his team to a different investor (who currently owns 50% of the team). Huizenga's rationale?

He doesn't want to pay higher capital gains taxes under a President Obama.

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."

I applaud this decision, Mr. H. Should the unthinkable happen, I hope you take advantage of every benefit that current law affords to you.

And when you build a Scrooge Mcduck like vault to store the money you won't be giving to the government, I hope you invite me over to swim through the cash.

I always wanted to try that. Looks like fun.

posted by Jack M. at 11:41 PM

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