shotglasss: Obama runs the IRS, so I'm sure Obama has copies of everything Romney has ever sent to the IRS (gotten illegally, of course).

I can just see Obama picking up the phone:

"Hey, Kathy? Yeah, its the big O. I need for you to send over some tax returns for a Willard Mitt Romney. Yeah, all of them. I know its not technically on the up and up, Kathy, but you are just gonna keep this between me and you, all right? That's my girl. All right now. Okay. Love you back. Bye-bye."

bartink: shotglasss: Obama runs the IRS, so I'm sure Obama has copies of everything Romney has ever sent to the IRS (gotten illegally, of course).

I can just see Obama picking up the phone:

"Hey, Kathy? Yeah, its the big O. I need for you to send over some tax returns for a Willard Mitt Romney. Yeah, all of them. I know its not technically on the up and up, Kathy, but you are just gonna keep this between me and you, all right? That's my girl. All right now. Okay. Love you back. Bye-bye."

If the Obama campaign has them (and it's a huge if) they would have been leaked to them by the people who vetted Romney for McCain. They were given access to something like 24 years worth of tax returns.

Also: no way Obama is risking his presidency by pulling a Nixon.

Snatch Bandergrip: Don't Troll Me Bro!: What subby didn't mention, which makes this number even more absurd, is until 2002 it was $2k/yr, at that point if you were over 55 it went up to $3500, then in 2005 to $4500, then in 2006 to $5000, then in 2008 to $6000. So the majority of a 65 year old man's IRA should have been contributed during years with a $2k limit.

Also, the ROTH IRA did not get introduced until 1997, which is where the real tax benefits are because taxes are not taken out of capital gains until you take the money out.

So yeah, Mittens is gaming the system even more than subby mentioned.

What a great way to encourage the wealthy to keep their money active in the economy. Thanks, guys.

That one I'm willing to give the benefit to the people who crafted the legislation. At this point the limit is $5k/yr, unless you're over 55 (I think 55), in which case it goes to $6k/yr. The idea was to help people with less income retire, which the contribution limits are low enough I'm willing to believe it. Having people unable to retire stifles job advancement for those younger. One senior position retiring eventually leads to several promotions as people down the chain move up, and an opening for someone just starting out at the bottom.

I know I'm certainly not rich, but I make sure that I put $5k/yr into my Roth IRA. I'd say it's the single best investment available to the working/middle class, and with the cap it doesn't act as a tax haven for the rich.

No one vetted Mitt

/If skeletons like this one are being paraded in early August, Rmoney is in for a long October.

shotglasss: Obama runs the IRS, so I'm sure Obama has copies of everything Romney has ever sent to the IRS (gotten illegally, of course). He knows what's in there, and that it's all legal, and he can't use any of it. The problem is that if it gets released, everyone will know that it came from Obama and that will be the story. Illegally accessing IRS records, that's got felony all over it. And dirty tricks, too. Look back at all of Obama's campaigns, you find that getting sealed records is his stock in trade.

cman: Mentat: I hope $100 million is enough to retire on.

Fortunately our inflation rate is considerably low compared to what it could be. I still think there is a good chance of hyper-inflation in the near future. I really cannot see the USD being the most powerful currency for much longer.

The first time I heard someone predict the demise of the US dollar as the world currency was back when disco was king. 1970s. It's been regularly trotted out every few years since then as well.

KarmicDisaster: Maybe it is a SEP IRA. If he was the "sole proprietor" of a fake shell company, he could have arranged to pay himself 200 million in wages and put away 50 million over the years which has grown to 100 million. (you can put away 25% of wages). How he avoided paying tax on the wages I don't know. Contributions are deductible when you make them, but you pay tax on it when you take it out at the regular rate (just like a regular IRA).

The overall point is that the wealthy and corporations have spend a lot of money over the past few decades lobbying congress to insert tax loopholes into the code to benefit their interests. Everyone knows it, it's a billion dollar industry, and people are arguing about Chick-Fil-a. Know why? because the same people who have given billions to Congress to corrupt the tax code are the same people that tell the clueless masses what they should be outraged about. I don't remember ever seeing a news story about the tax code; at least not at any level approaching how I should feel about a regional chicken fast food chain's CEO feeling about gay marriage.

bartink: shotglasss: Obama runs the IRS, so I'm sure Obama has copies of everything Romney has ever sent to the IRS (gotten illegally, of course).

I can just see Obama picking up the phone:

"Hey, Kathy? Yeah, its the big O. I need for you to send over some tax returns for a Willard Mitt Romney. Yeah, all of them. I know its not technically on the up and up, Kathy, but you are just gonna keep this between me and you, all right? That's my girl. All right now. Okay. Love you back. Bye-bye."

Obammy wouldn't have to make that call, Geithner would hand deliver them to him with all the analysis that it's all on the up and up already done.

snowshovel: I'm beginning to realize that everyone who complains about the NBC Olympics are liberals. They hate the fact that someone works his butt off like Phelps to win medals, which is pretty much the same thing with Romney. Romney is the Phelps of politics at this time. No matter how much he wins (in Israel, in Poland, his business dealings) there's someone going to complain who can't get off the couch and do the hard work. But hey, that Obama guy who was handed every political position he's wanted thanks to the lacky media and Chicaog ways, those lbierals sure demand to see more soccer, where it's almost ensured that some other country is going to win.

You're shoveling something, but it sure isn't snow....

2/10 - not enough butthurt flailing to make us think you actually meant what you wrote.

shotglasss: Obammy

DRINK!

tenpoundsofcheese: why blame Romney.

The size of his IRA (UP TO $100M, not $100M) ? He didn't built that. The government did.

Really? You're gonna go with the "He didn't build that?" You realize that Romney's "job" was to buy and sell companies that Other people built don't you? Lots of companies built with government incentives and built with tax breaks from municipalities and that used government roads and government-supplied mail system to deliver thier products?

'Cause Mitt Romney didn't build a damn thing, in fact his main job was to tear down things other people built.

Congress has top democrats working on it.

Top. Democrats.

Welcome to the troll convention that Fark has become.

Poison Appleseeds: KarmicDisaster: Maybe it is a SEP IRA. If he was the "sole proprietor" of a fake shell company, he could have arranged to pay himself 200 million in wages and put away 50 million over the years which has grown to 100 million. (you can put away 25% of wages). How he avoided paying tax on the wages I don't know. Contributions are deductible when you make them, but you pay tax on it when you take it out at the regular rate (just like a regular IRA).

The overall point is that the wealthy and corporations have spend a lot of money over the past few decades lobbying congress to insert tax loopholes into the code to benefit their interests. Everyone knows it, it's a billion dollar industry, and people are arguing about Chick-Fil-a. Know why? because the same people who have given billions to Congress to corrupt the tax code are the same people that tell the clueless masses what they should be outraged about. I don't remember ever seeing a news story about the tax code; at least not at any level approaching how I should feel about a regional chicken fast food chain's CEO feeling about gay marriage.

Tax code. Long. Complicated.

Chicken. Crispy. Good.

shotglasss: Look back at all of Obama's campaigns, you find that getting sealed records is his stock in trade.


citations needed

Dwight_Yeast: shotglasss: Obammy

DRINK!

I hope your bottle's full. LOL

Taking the long view, maybe Mitt Romney WILL really be what's best for America -- by exposing its cartoonish villainy for all to see and flaming out in a blaze of glory.

I mean, a vote for Romney is essentially a vote for fark AMERICA YESTERDAY ALREADY. It's a vote to ensure Reagan's dystopain future becomes a retroactive reality.

Mentat: shotglasss: Obama runs the IRS, so I'm sure Obama has copies of everything Romney has ever sent to the IRS (gotten illegally, of course). He knows what's in there, and that it's all legal, and he can't use any of it. The problem is that if it gets released, everyone will know that it came from Obama and that will be the story. Illegally accessing IRS records, that's got felony all over it. And dirty tricks, too. Look back at all of Obama's campaigns, you find that getting sealed records is his stock in trade.

If Obama can sucker Romney into releasing his stuff, though, it's open season. All Romney has to do is keep letting Obama make those gaffes and put them out there on commercials for us to see, since the media won't do it.

You know what your statement reminds me of? Conservatives who claim that boycotting Chick Fil A hurts Chick Fil A's gay employees.

It reminds me more of the conservatives that claim that gays getting married will ruin their marriage and lead to people marrying children, animals or furniture.

intelligent comment below: shotglasss: Look back at all of Obama's campaigns, you find that getting sealed records is his stock in trade.

citations needed

Let's take a romp down memory lane and review the typical Obama campaign strategy. Obama became a U.S. senator only by virtue of David Axelrod's former employer, the Chicago Tribune, ripping open the sealed divorce records of Obama's two principal opponents.

One month before the 2004 Democratic primary for the U.S. Senate, Obama was down in the polls, about to lose to Blair Hull, a multimillionaire securities trader. But then the Chicago Tribune leaked the claim that Hull's second ex-wife, Brenda Sexton, had sought an order of protection against him during their 1998 divorce proceedings.

Those records were under seal, but as The New York Times noted: "The Tribune reporter who wrote the original piece later acknowledged in print that the Obama camp had 'worked aggressively behind the scenes' to push the story." Many people said Axelrod had "an even more significant role -- that he leaked the initial story."

Both Hull and his ex-wife opposed releasing their sealed divorce records, but they finally relented in response to the media's hysteria -- 18 days before the primary. Hull was forced to spend four minutes of a debate detailing the abuse allegation in his divorce papers, explaining that his ex-wife "kicked me in the leg and I hit her shin to try to get her to not continue to kick me."

After having held a substantial lead just a month before the primary, Hull's campaign collapsed with the chatter about his divorce. Obama sailed to the front of the pack and won the primary. Hull finished third with 10 percent of the vote.

As luck would have it, Obama's opponent in the general election had also been divorced! Jack Ryan was tall, handsome, Catholic -- and shared a name with one of Harrison Ford's most popular onscreen characters! He went to Dartmouth, Harvard Law and Harvard Business School, made hundreds of millions of dollars as a partner at Goldman Sachs, and then, in his early 40s, left investment banking to teach at an inner city school on the South Side of Chicago.

Ryan would have walloped Obama in the Senate race. But at the request of -- again -- the Chicago Tribune, California Judge Robert Schnider unsealed the custody papers in Ryan's divorce five years earlier from Hollywood starlet Jeri Lynn Ryan, the bombshell Borg on "Star Trek: Voyager."

Jack Ryan had released his tax records. He had released his divorce records. But both he and his ex-wife sought to keep the custody records under seal to protect their son.

Amid the 400 pages of filings from the custody case, Jack Ryan claimed that his wife had had an affair, and she counterclaimed with the allegation that he had taken her to "sex clubs" in Paris, New York and New Orleans, which drove her to fall in love with another man.

(Republicans: If you plan a career in public office, please avoid marrying a wacko.)

Ryan had vehemently denied her allegations at the time, but it didn't matter. The sex club allegations aired on "Entertainment Tonight," "NBC Nightly News," ABC's "Good Morning America," "The Tonight Show With Jay Leno," and NBC's "Today" show. CNN covered the story like it was the first moon landing.

(Interestingly, international papers also were ablaze with the story -- the same newspapers that were supposed to be so bored with American sexual mores during Bill Clinton's sex scandal.)

Four days after Judge Schnider unsealed the custody records, Ryan dropped out of the race for the horror of (allegedly) propositioning his own wife and then taking "no" for an answer.

Obama's team delved into Sarah Palin's marriage and spread rumors of John McCain's alleged affair in 2008 and they smeared Herman Cain in 2011 with hazy sexual harassment allegations all emanating from David Axelrod's pals in Chicago.

It's almost like a serial killer's signature. Unsealed personal records have been released to the press. Obama must be running for office!

So you can see what a pickle the Obama campaign is in having to run against a Dudley Do-Right, non-drinking, non-smoking, God-fearing, happily married Mormon.

They've got to get their hands on thousands of pages of Romney's tax filings so that the media can -- as Romney says -- lie about them. It will be interesting to see if Obama can pick the lock of the famously guarded IRS.

If you can disprove any of this, let me know.

shotglasss: bartink: shotglasss: Obama runs the IRS, so I'm sure Obama has copies of everything Romney has ever sent to the IRS (gotten illegally, of course).

I can just see Obama picking up the phone:

"Hey, Kathy? Yeah, its the big O. I need for you to send over some tax returns for a Willard Mitt Romney. Yeah, all of them. I know its not technically on the up and up, Kathy, but you are just gonna keep this between me and you, all right? That's my girl. All right now. Okay. Love you back. Bye-bye."

Obammy wouldn't have to make that call, Geithner would hand deliver them to him with all the analysis that it's all on the up and up already done.

Why did you call him "Obammy"? I'm sure you weren't making a "Mammy" reference, right?

shotglasss:
If you can disprove any of this, let me know.


Ann Coulter is not a source

gimmegimme: shotglasss: bartink: shotglasss: Obama runs the IRS, so I'm sure Obama has copies of everything Romney has ever sent to the IRS (gotten illegally, of course).

I can just see Obama picking up the phone:

"Hey, Kathy? Yeah, its the big O. I need for you to send over some tax returns for a Willard Mitt Romney. Yeah, all of them. I know its not technically on the up and up, Kathy, but you are just gonna keep this between me and you, all right? That's my girl. All right now. Okay. Love you back. Bye-bye."

Obammy wouldn't have to make that call, Geithner would hand deliver them to him with all the analysis that it's all on the up and up already done.

Why did you call him "Obammy"? I'm sure you weren't making a "Mammy" reference, right?

It's like when the left called Bush things like Shrub, Hitler, Satan, racist, evil, etc. So if I want to call him Obammy, deal with it.

intelligent comment below: shotglasss:
If you can disprove any of this, let me know.


Ann Coulter is not a source

That didn't disprove anything. If you can disprove what she wrote, let me know.

But remember guys, Romney and his buddies in the GOP are the ones trying to convince us that rich people like him are unfarily treated by the US Government and soooo burdened by taxes and regulation.

It's not like him to create a narrative that is full of shiat is it?

C'mon right-wingers, try to defend this BS narrative. I would love to see how you guys spin this.

shotglasss: If you can disprove any of this, let me know.

Disprove what? All that is is a hell of a lot of innuendo and unsourced bullsh*t.

shotglasss: That didn't disprove anything. If you can disprove what she wrote, let me know.

You can't disprove something that hasn't been proven in the first place.

shotglasss: intelligent comment below: shotglasss:
If you can disprove any of this, let me know.


Ann Coulter is not a source

That didn't disprove anything. If you can disprove what she wrote, let me know.

Until I see Obama's drawing from kindergarten, then he's not a legitimate president in my eyes.

shotglasss: If you can disprove any of this, let me know.

I just had a night of gladiatorial sex with Kristen Bell. I was so good that she won't be able to go to spin class for a week. She just begged me to involve Rachel Weisz in our lovemaking next weekend. If you can disprove any of this, let me know.

shotglasss: That didn't disprove anything. If you can disprove what she wrote, let me know.


I asked you for a CITATION

All you could find was an Ann Coulter rant

Thanks for admitting you lost the argument

shotglasss: gimmegimme: shotglasss: bartink: shotglasss: Obama runs the IRS, so I'm sure Obama has copies of everything Romney has ever sent to the IRS (gotten illegally, of course).

I can just see Obama picking up the phone:

"Hey, Kathy? Yeah, its the big O. I need for you to send over some tax returns for a Willard Mitt Romney. Yeah, all of them. I know its not technically on the up and up, Kathy, but you are just gonna keep this between me and you, all right? That's my girl. All right now. Okay. Love you back. Bye-bye."

Obammy wouldn't have to make that call, Geithner would hand deliver them to him with all the analysis that it's all on the up and up already done.

Why did you call him "Obammy"? I'm sure you weren't making a "Mammy" reference, right?

It's like when the left called Bush things like Shrub, Hitler, Satan, racist, evil, etc. So if I want to call him Obammy, deal with it.

That's fine. There's just a deep undercurrent of decades of racism involved when a person invokes "Mammy."

Saturn5: [patriotdepot.com image 600x664]

you're target audience didn't pay taxes. Your other target audience wouldn't wear a t-shirt

shotglasss: If you can disprove any of this, let me know.

Shotglass once raped and murdered a girl in 1990.

It should be just as easy for you to disprove that as to disprove the random speculation you posted.

gimmegimme: shotglasss: If you can disprove any of this, let me know.

I just had a night of gladiatorial sex with Kristen Bell. I was so good that she won't be able to go to spin class for a week. She just begged me to involve Rachel Weisz in our lovemaking next weekend. If you can disprove any of this, let me know.

I would subscribe to your fantasy of the week club.

MEW!! MEW!!

Whar Ancient Fishy!?

Mew!!

*cat rubs cman's ankle nicely on way past, purring respectfully*

*climbs up in Ancient Fishy's lap, curls up, trustfully goes to sleep, feeling safe and protected*

Mentat: I hope $100 million is enough to retire on.

I've been told my some farkers that $100 million won't even get you a tiny apartment in some places.

b>shotglasss: intelligent comment below: shotglasss:
If you can disprove any of this, let me know.


Ann Coulter is not a source

That didn't disprove anything. If you can disprove what she wrote, let me know.

Because I said so.

Saturn5: [patriotdepot.com image 600x664]

Actually, he's effectively stealing money used to invest in your country, but you're too dumb to realize it.

/hopeless, I know

jeaux65: shotglasss: intelligent comment below: shotglasss: Look back at all of Obama's campaigns, you find that getting sealed records is his stock in trade.

citations needed

Let's take a romp down memory lane and review the typical Obama campaign strategy....

...

I'm still waiting on citations, not a biased summary which lacks *drum roll* citations.

gimmegimme:
Why did you call him "Obammy"? I'm sure you weren't making a "Mammy" reference, right?

It's like when the left called Bush things like Shrub, Hitler, Satan, racist, evil, etc. So if I want to call him Obammy, deal with it.

That's fine. There's just a deep undercurrent of decades of racism involved when a person invokes "Mammy."

Seriously? I agree with pretty much everything else outside this whole bit, but this really goes off the "reaching really hard" side of the chart. Not everything someone stupid says is racist, especially not a relatively obscure racial slur that most people under the age of 50 (immaterial of color) know absolutely nothing about. I really think this kind of shiat does more harm than good. It's little different than the crazy people who started screaming "Gabby! Monkeys! Oh My God, Racists!"

John Dewey: Mentat: I hope $100 million is enough to retire on.

If it's bills, sure. If it's kugerands, that might be a bit uncomfortable.

Only if you have a soul. Otherwise you wouldn't care if those Krugerrands were made of gold dug up by slave labor. But then again, the whole situation creates a quandary for conservatives. On the one hand, Krugerrands were made by gold mined by cheap African slave labor, but on the other hand the Afrikaner/Boer people were Dutch and all conservatives agree that the Dutch are scum.

shotglasss:
If he's done nothing illegal, then I guess he won't be arrested and all that. I'll wait and see what happens.

There's "illegal", and then there's "wrong".
Legal is what anyone with enough power, money or influence wants to be legal.
Legal is words written on a piece of paper with soldiers or police to enforce them.
Legal is whatever gives those who wrote it an advantage over others.
Legal can be bought or sold at any time.

Anyone who is not a psychopath can figure out what wrong is.

rewind2846: Anyone who is not a psychopath can figure out what wrong is.

You do know you're talking about politicians, right?

Congress wants to know how Mitt Romney accrued a 100 million dollar IRA

Don't we all?

GAT_00: cman: GAT_00: NFA: I'll tell you how he did it. He used his business to deposit funds into a company managed retirement fund, then he rolled it over into a Roth IRA. BOOM, no taxes on $100,000,000.00 of retirement income.

Business owners and executives do this all the time.

Is that legal?

Well, considering how farked up and confusing our laws on financial acts are, its pretty damn hard to know.

That's what I figure. It probably lives in some kind of grey area where that isn't intended, but isn't expressly illegal.

That's the great thing: there is nothing that is "expressly legal". The law defines what is illegal, not what is legal. Anything not expressly illegal is illegal.*

*save for, apparently, 'obscenity'