Mitt steps in it again

Discussion in 'Politics' started by onecut39, Aug 3, 2012.

  1. onecut39
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    onecut39 VIP Member

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  2. Katzndogz
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    Katzndogz Diamond Member

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    An IRA is not a savings account. Once you put money into an IRA it gets invested. If you are wise about investments it can grow quite quickly.

    The money put into an IRA and the proceeds from investment are tax free, until you take it out. They are tax free to Mitt Romney and to you too. The purpose of making this kind of investment tax free until you take it out was to encourage leaving the money in and reinvesting it. Now, of course, investing and saving are wrong. All money should be redistributed as soon as earned with nothing invested or saved.
     
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  3. Listening
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    Listening Gold Member

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    You mean he successfuly managed his money ?

    Wow....we wouldn't want a president who knew how to do that.

    Vote for Obama.
     
  4. onecut39
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    onecut39 VIP Member

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    Could you pleas show me how this is done? I am allowed only one IRA and am limited to putting no more than $6000 per year into it.

    Could you tell me how this could grow to $100.000. 000 in my lifetime? Take your time, I'll wait.
     
  5. Luddly Neddite
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    Luddly Neddite Diamond Member

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    Lie, cheat and steal.

    Worked for mittens and it worked for bush. It can work for the rest of us too. All we need is "seed money" and you get get from your rich daddy.
     
  6. onecut39
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    onecut39 VIP Member

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    Why is it conservatives will excuse their own no matter what the offense.. Too bad you guys are stuck with this walking disaster.

    Me? I am enjoying it.
     
  7. candycorn
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    candycorn Alis volat propriis

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    Wake us when you get an answer. I'm getting ready for a long nap.
     
  8. Warrior102
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    Warrior102 Gold Member

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    Get a 401K then, stupid.
     
  9. OohPooPahDoo
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    OohPooPahDoo Gold Member

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    Yeah WTF? How does anyone have a 100,000,000 IRA? I'd love to see the math on that.
     
  10. onecut39
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    onecut39 VIP Member

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    Romney didn't.
     

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