iamwhatiseem
Diamond Member
We have approached a point where people would want to elect a President based upon who was least successful in their careers....yeah
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Three homes valued at a total of a million euros. That's very little for three homes anywhere.I don't envy the wealthy. Class warfare only goes so far politically because it is so easy to nuke limousine liberals.
For example the new "socialist" President of France who is going to levy 75% tax on his "hated rich" owns three chateaus on the Riviera.
Watch the wealthy run! Please come this way!
We have approached a point where people would want to elect a President based upon who was least successful in their careers....yeah
The question is, how did Romney obtain great wealth?
The question is, how did Romney obtain great wealth?
He was born...went to school...went to college...got a job...did well...got a better job...repeat...
Obama...was born...went to school somewhere...went to college...got a job..lost it...got a job...did ok...got a different job...quit...tried to organize Chicago Black churches...failed...ran for congress...failed...began raising money for others...met a whacky preacher...who gave him connections...was financed well by a strong political machine and made Senator...his wife was given two $6 figure board membership jobs where you don't actually work everyday, I guess they liked her hair...and now he is President.
You don't pay any tax on what an IRA earns. You pay taxes when you withdraw from it.Since one can only put $6,000 a year.
More About Romney's 'Off-Shore IRA' - TPMDC - Democratic Underground
After a six-month hiatus, a Vanity Fair article about Mitt Romneys tangled web of investments has thrust his foreign holdings and complicated tax strategies back into the center of the 2012 campaign. But questions have persisted for months about an individual retirement account held by the Romneys valued at upwards of $100 million a stunning amount for a savings vehicle designed to provide middle class retirees comfortable, but non-lavish retirement.
His IRA raises two key questions, both of which his campaign has consistently declined to answer: How, despite a $6000 legal limit on annual contributions to an IRA, did Romneys IRA grow to over $100 million? And did he avoid any U.S. taxes on its enormous returns?
<more>
Since one can only put $6,000 a year.
More About Romney's 'Off-Shore IRA' - TPMDC - Democratic Underground
After a six-month hiatus, a Vanity Fair article about Mitt Romneys tangled web of investments has thrust his foreign holdings and complicated tax strategies back into the center of the 2012 campaign. But questions have persisted for months about an individual retirement account held by the Romneys valued at upwards of $100 million a stunning amount for a savings vehicle designed to provide middle class retirees comfortable, but non-lavish retirement.
His IRA raises two key questions, both of which his campaign has consistently declined to answer: How, despite a $6000 legal limit on annual contributions to an IRA, did Romneys IRA grow to over $100 million? And did he avoid any U.S. taxes on its enormous returns?
<more>
The question is, how did Romney obtain great wealth?
Since one can only put $6,000 a year.
More About Romney's 'Off-Shore IRA' - TPMDC - Democratic Underground
After a six-month hiatus, a Vanity Fair article about Mitt Romneys tangled web of investments has thrust his foreign holdings and complicated tax strategies back into the center of the 2012 campaign. But questions have persisted for months about an individual retirement account held by the Romneys valued at upwards of $100 million a stunning amount for a savings vehicle designed to provide middle class retirees comfortable, but non-lavish retirement.
His IRA raises two key questions, both of which his campaign has consistently declined to answer: How, despite a $6000 legal limit on annual contributions to an IRA, did Romneys IRA grow to over $100 million? And did he avoid any U.S. taxes on its enormous returns?
<more>
Which person would you rather have in the Oval Office? A dog eating former street junky who never held a job that wasn't funded by stealing from an endowment or taxpayers or a guy who understands the system? Hussein's freaking secretary of the treasury admitted to cheating on his taxes because he wasn't smart enough to fill out the federal tax form.
The question is, how did Romney obtain great wealth?
Running an investment fund.
Although the annual contribution to an IRA is limited to 6,000 a year, once that investment is made, it can be directed and reinvested over an over again so if you know what you are doing, you can make a real bundle.
Which person would you rather have in the Oval Office? A dog eating former street junky who never held a job that wasn't funded by stealing from an endowment or taxpayers or a guy who understands the system? Hussein's freaking secretary of the treasury admitted to cheating on his taxes because he wasn't smart enough to fill out the federal tax form.