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- #41
Do the math on the rate of return required for Mitt's investment, then let's discuss what investment vehicle has produced those kinds of return in the past 20 years.
It it is self directed it can directly to deals. Given his access to the kinds of deals Bain did, it isn't out of reach. Besides, now I am seeing 20 to 100 million. Which is it.
You bastards can't even figure out how badly you want to lie.
Allowing the owner of an IRA to invest in private equity sounds exactly like the kind of loopholes Romney would claim to be opposed to.
Of course - "loopholes" aren't "loopholes" to the people that benefit from them.
All IRAs casn be invested in whatever you want. The problem I am having is whether he has to follow the same rules as I do when taking it out. If he does have the same rules as I then he is stealing the treasury blind.
I cannot see how that would be, He could clear it up with released tax forms.