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kentuck (63,310 posts) Sat Oct 6, 2012, 03:10 PMI think it's time to ask once again??Mitt, where are your tax returns? You turned in 2010 but it was not complete. Then you made the 2011 returns and it also was incomplete. You have yet to show us in what country you have your money? And how is that huge IRA working out for you? Tell us again how you are the only person in this big wide country that can put $100 million dollars into an IRA??
HipChick (8,077 posts) Sat Oct 6, 2012, 03:11 PM1. Give it up..He wants to prove that its ok for a potential felon to run for President...
gateley (58,806 posts) Sat Oct 6, 2012, 03:20 PM3. From viguy007s site:As Newt Gingrich put it, “I don’t know of any American president who has had a Swiss bank accountâ€. But Mitt Romney also has accounts in the tax havens of Luxembourg, Bermuda, and the Cayman Islands. The Cayman Islands have a bank secrecy law so strong that a person can be jailed for up to four years, just for asking about account information. Mitt Romney's desire for secrecy is so great that one time he neglected to include a Swiss bank account on required financial disclosure forms. Perhaps, it was because the Swiss account constituted a bet against the U.S. Dollar. This is something no presidential candidate would want to reveal. When asked about it, Romney’s campaign spokeswoman, Andrea Saul, said that the candidate’s failure to include his Swiss account in the financial disclosures were merely a “trivial inadvertent issueâ€. Or it could just be a lie From 1984 to 1999, taxpayers were allowed to put just $2,000 per year into a tax-free I.R.A., and $30,000 annually into a different kind of plan he may have used. Given these annual contribution ceilings, how can Mitt Romney's I.R.A. possibly contain up to $102 million, as his financial disclosures now suggest? I agree with Mitt that he may have never broken the law. If there is a problem, it may very well be in the laws, not in his behavior. As Mitt said “I pay all the taxes that are legally required, not a dollar moreâ€. But shouldn't Mitt Romney share with us, the voters, how he was able to accomplish this. This should be done for no other reason than we would better understand how our tax system works? /snip http://www.democraticunderground.com/?com=view_post&forum=1251&pid=12314 http://commonsensefor.us/
NYC_SKP (43,868 posts) Sat Oct 6, 2012, 03:22 PM4. The "bet against the U.S. Dollar" news will be included in ads closer to election day.In about two weeks, in my estimation. Possibly sooner in swing states.
gateley (58,806 posts) Sat Oct 6, 2012, 04:00 PM5. Hope so! This is the first I've heard of it -- or I forgot.There is just SO MUCH ammo! If I was Soros (or had his $$$), I'd be buying up air time -- especially on Fox.
From 1984 to 1999, taxpayers were allowed to put just $2,000 per year into a tax-free I.R.A., and $30,000 annually into a different kind of plan he may have used. Given these annual contribution ceilings, how can Mitt Romney's I.R.A. possibly contain up to $102 million,
Are those the limits on contributions, or are those the limits of what can be deducted from taxes? I think you can put in as much as you want in any year, but you can only claim a certain amount on taxes.