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Lochloosa

(16,061 posts) Sat Aug 4, 2012, 07:52 AM Aug 2012

I have a different theory about rmoney's tax returns.

It's not that he didn't pay taxes but, because of the beating everyone took in '08, it will show he got a REFUND.

IMHO

4 replies

= new reply since forum marked as read

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I have a different theory about rmoney's tax returns. (Original Post) Lochloosa Aug 2012 OP

"Some people say" Rmoney has like $100 million doc03 Aug 2012 #1

If you have a self directed account and make trades based on inside information, is one way.nt Snotcicles Aug 2012 #2

The Theory is That On the Road Aug 2012 #4

Yep, that's my opinion. He's scared shitless to let that information out. Reid is right. HopeHoops Aug 2012 #3

doc03

(35,296 posts)

1. "Some people say" Rmoney has like $100 million

Reply to Lochloosa (Original post)

Sat Aug 4, 2012, 08:15 AM

Aug 2012

in an IRA, how the hell you do that when you are limited to a few thousand a year contribution?

Snotcicles

(9,089 posts)

2. If you have a self directed account and make trades based on inside information, is one way.nt

Reply to doc03 (Reply #1)

Sat Aug 4, 2012, 09:57 AM

Aug 2012

On the Road

(20,783 posts)

4. The Theory is That

Reply to doc03 (Reply #1)

Sat Aug 4, 2012, 11:36 AM

Aug 2012

Bain Capital took over some failing companies, and Romney squirreled a lot shares away in his IRA when the stock was almost worthless. After the company recovered, the shares exploded in value.

That seems reasonable and may not have broken any laws. It does sort of stretch the spirit of tax-free retirement savings, though.

HopeHoops

(47,675 posts)

3. Yep, that's my opinion. He's scared shitless to let that information out. Reid is right.

Reply to Lochloosa (Original post)

Sat Aug 4, 2012, 11:00 AM

Aug 2012

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