MattM Posted July 25, 2012 Share Posted July 25, 2012 No, the only hypocrisy here is coming from you my man. "I know you are, but what am I?". What a juvenile response. I'm also still waiting for an answer as to why I was wrong on granularity in the tax thread.... Link to comment Share on other sites More sharing options...
WorldTraveller Posted July 25, 2012 Share Posted July 25, 2012 "I know you are, but what am I?". What a juvenile response. I'm also still waiting for an answer as to why I was wrong on granularity in the tax thread.... You're waiting for an answer? Good, keep waiting sunshine because you aren't gonna get it. Now tell us why you are such a hypocrite. Link to comment Share on other sites More sharing options...
....lybob Posted July 25, 2012 Share Posted July 25, 2012 And here's the funny thing. The tax the rich crowd should actually be praising this move. When Romney begins to liquidate that IRA which he will have to in 5 years or so it will be taxes as ordinary income not capital gains. That's why I said earlier it seems like a dumb move. We actually have people liquidate highly appreciated assets in their qualified plan, even if they're under 59 1/2. Move it into a non-qualified plan, pay the 10% penalty if required and then begin to liquidate them over time and now pay cap gains versus income. He may very well be doing that, I can't imagine I'm smarter than his planners. The move is called Net Unrealized Appreciation (NUA). Maybe the tax move is called win the presidency and change the tax law. Link to comment Share on other sites More sharing options...
....lybob Posted July 25, 2012 Share Posted July 25, 2012 "I know you are, but what am I?". What a juvenile response. I'm also still waiting for an answer as to why I was wrong on granularity in the tax thread.... If you are looking for answers from World Traveler AKA Magox you have to realize his specialty is defending unethical or illegal practices by the financial sector after that he's OK in defending Corporate malfeasance in general- otherwise he is pretty useless. Link to comment Share on other sites More sharing options...
WorldTraveller Posted July 25, 2012 Share Posted July 25, 2012 If you are looking for answers from World Traveler AKA Magox you have to realize his specialty is defending unethical or illegal practices by the financial sector after that he's OK in defending Corporate malfeasance in general- otherwise he is pretty useless. Don't you have a youtube vid of Of Mitt wearing some sort of dressage outfit to jerk off to? Link to comment Share on other sites More sharing options...
truth on hold Posted July 25, 2012 Share Posted July 25, 2012 Lol OMG @ "romney tax rap" will this be the entertainment at DNC convention ? http://khu.sh/autorap_5010484513281&v2 Link to comment Share on other sites More sharing options...
Chef Jim Posted July 25, 2012 Share Posted July 25, 2012 Maybe the tax move is called win the presidency and change the tax law. So he's running for President do he can change the rules on RMD's. Link to comment Share on other sites More sharing options...
WorldTraveller Posted July 25, 2012 Share Posted July 25, 2012 So he's running for President do he can change the rules on RMD's. In Lybob's world, this makes a lot of sense. Link to comment Share on other sites More sharing options...
IDBillzFan Posted July 25, 2012 Share Posted July 25, 2012 So he's running for President do he can change the rules on RMD's. Ahhhh, it's ALL coming together now. Link to comment Share on other sites More sharing options...
DC Tom Posted July 25, 2012 Share Posted July 25, 2012 Hate you!!! You cash in 200% today and beat at bashing that moron! By the way...my final gain, when I closed out today, was 483%. Wish I could do that every day. Link to comment Share on other sites More sharing options...
Chef Jim Posted July 25, 2012 Share Posted July 25, 2012 By the way...my final gain, when I closed out today, was 483%. Wish I could do that every day. And THAT my friends is how you get $100mil in your IRA. Link to comment Share on other sites More sharing options...
jjamie12 Posted July 25, 2012 Share Posted July 25, 2012 Maybe the tax move is called win the presidency and change the tax law. Step 1: Invest alongside Bain in an IRA Step 2: Become President Step 3: Profit! That is a damn brilliant plan. Link to comment Share on other sites More sharing options...
Smears Posted July 25, 2012 Share Posted July 25, 2012 I'm pretty sure that, if you do the math, that gives Romney an exceptionally small share of the company, from which he's twice removed (Bain's managers, and the BLIND TRUST Romney's investments are in.) Note the emphasis on "blind trust". Wonder what that means. Let it rattle around, lonely and desperate, in your silly little head for a while, before you completely discard the fact that Romney has no control over any of his investments, being as they are in a blind trust, and that using political influence on the managers of a private equity fund and a private company to influence business decisions is, at best, very unethical. Oh boy here comes DC Tom to Mitt's rescue! Keep sitting on Mitts lap and licking your chops. Sad thing is you have more in common with these poor guys losing their jobs than the great entitled Mitt Romney. You know this makes precious Romney seem suspect. Just admit it. Link to comment Share on other sites More sharing options...
TakeYouToTasker Posted July 25, 2012 Share Posted July 25, 2012 Oh boy here comes DC Tom to Mitt's rescue! Keep sitting on Mitts lap and licking your chops. Sad thing is you have more in common with these poor guys losing their jobs than the great entitled Mitt Romney. You know this makes precious Romney seem suspect. Just admit it. Do you know what a blind trust is? Link to comment Share on other sites More sharing options...
meazza Posted July 25, 2012 Share Posted July 25, 2012 Do you know what a blind trust is? I don't think he knows what "trust" and "blind" mean individually so putting them together might just short circuit his brain. A lot of these idiots come out of hiding during election season. Link to comment Share on other sites More sharing options...
MattM Posted July 25, 2012 Share Posted July 25, 2012 You're waiting for an answer? Good, keep waiting sunshine because you aren't gonna get it. Now tell us why you are such a hypocrite. So, I take it you've got nothing, then, considering my question to you was pretty specific? Best I could tell, you seemed to be directing me back to a 290 page text (that one needs to buy to get in usable form, BTW) and asked me to do your homework for you, as that was apparently what you were relying on to make your argument yet you can't direct me to any specific part that makes your fairly concise point? Typical--just keep changing the subject and making smart aleck remarks when you're stumped or come to the end of your logic line. The "sunshine" part is especially cute. ROFLMFAO, as the kids say..... Link to comment Share on other sites More sharing options...
Nanker Posted July 26, 2012 Share Posted July 26, 2012 I don't think he knows what "trust" and "blind" mean individually so putting them together might just short circuit his brain. A lot of these idiots come out of hiding during election season. And they'll be here on day one of the Romney administration demanding to know, "where are the jobs?" Oh, and the media will once again rediscover there's a homeless problem in America. You remember that? It was last an issue somewhere around the end of 2008. Link to comment Share on other sites More sharing options...
Rob's House Posted July 26, 2012 Share Posted July 26, 2012 And they'll be here on day one of the Romney administration demanding to know, "where are the jobs?" Oh, and the media will once again rediscover there's a homeless problem in America. You remember that? It was last an issue somewhere around the end of 2008. Don't forget jobless recovery. Link to comment Share on other sites More sharing options...
....lybob Posted July 26, 2012 Share Posted July 26, 2012 Do you know what a blind trust is? Romney explains it this way Link to comment Share on other sites More sharing options...
TakeYouToTasker Posted July 26, 2012 Share Posted July 26, 2012 Romney explains it this way youtube.com/watch?feature=endscreen&NR=1&v=JDrWXIvUpEQ Please note that I didn't ask for political talking points. I asked if he knew what a blind trust was. English, mother!@#$er. Do you speak it? Link to comment Share on other sites More sharing options...
Recommended Posts