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kpete

(71,991 posts)
Wed Jan 25, 2012, 08:41 PM Jan 2012

(Oh jeez) Mitt: "I知 worth "between 150 and 200 some-odd million"

Jorge Ramos, who interviewed Mr. Romney, pressed him on his wealth and on his taxes, and asked him directly how much money he had.

“Between 150 and 200 some-odd million,” Mr. Romney said, looking a bit uncomfortable and referring Mr. Ramos to the financial disclosure reports that his campaign has filed.

http://thecaucus.blogs.nytimes.com/2012/01/25/romney-defends-stance-on-immigration/?smid=tw-nytimespolitics&seid=auto
http://www.americablog.com/2012/01/romney-im-worth-between-150-and-200.html

13 replies = new reply since forum marked as read
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Occulus

(20,599 posts)
2. Well, Mitt the Schitt, how 'bout you just hand over everything above your lowball
Wed Jan 25, 2012, 08:45 PM
Jan 2012

and we'll call it a wash.

Seeing as how you're so fucking rich you have a fifty million and change margin of error.

edit: meant to reply to the OP

rustydog

(9,186 posts)
3. There is nothing wrong being worth millions upon millions sir. Just pay your fair share
Wed Jan 25, 2012, 08:46 PM
Jan 2012

getting a golden parachute from Bain and calling it "investment capital" so it can be taxed at 13.5%
is just fucking GREEDY. what the fuck, isn's hundreds of millions enough? How much is too much fucking money?

Occulus

(20,599 posts)
4. There's something VERY wrong about that level of uncertainty
Wed Jan 25, 2012, 08:48 PM
Jan 2012

regarding how much money he actually has.

Fifty million dollars is a king's ransom by anybody's measure.

arely staircase

(12,482 posts)
5. you are holding him to a standard even i couldn't meet
Wed Jan 25, 2012, 08:49 PM
Jan 2012

i couldn't tell you my net worth. i'd have to go into the kitchen and count the change in the coffee can on top of the fridge - which would be 100 percent of my liquid capital.

csziggy

(34,136 posts)
6. And in an earlier story it was said he gave $100 million to his sons
Wed Jan 25, 2012, 08:50 PM
Jan 2012

And somehow avoided paying gift taxes on those gifts.

January 24th, 2012
09:02 AM ET
Reuters tax columnist: 'Romney didn't pay a gift tax on $100M'

Reuters tax columnist David Cay Johnston tells CNN anchor Zoraida Sambolin that GOP presidential hopeful Mitt Romney didn’t pay a gift tax on $100 million to his sons.

Johnston says, “The fact is that an individual worker who makes $54,000 a year bears a heavier tax burden than the Romneys and when it comes to gifts, most Americans on a gift of $100 million to their children would pay about a $35 million gift tax. The Romneys paid zero. We need to have a debate about how the tax system is not as it appears on the surface and how we have special rules for hedge fund and private equity managers that treat them much more lightly than all the rest of us."

http://cnnpressroom.blogs.cnn.com/2012/01/24/reuters-tax-columnist-romney-didnt-pay-a-gift-tax-on-100m/


How much more has he given to his children and grandchildren that he's avoided taxes on? How much in taxes do THEY avoid paying? I would bet the Romney clan is worth close to a billion dollars, considering how much Willard has kept for himself and how many family members he could have been giving large gifts to.

That is why I have little sympathy for those who moan about estate taxes - they are far too easy to avoid by planning ahead.
 

Cali_Democrat

(30,439 posts)
7. When you're constantly freeloading off the system and hiding your money in Swiss bank accounts...
Wed Jan 25, 2012, 08:51 PM
Jan 2012

it's hard to keep track.

50 million here....100 million there....it's all so hard to keep track of.

quaker bill

(8,224 posts)
13. When numbers get that large, it is hard to keep track
Wed Jan 25, 2012, 09:22 PM
Jan 2012

A 2% drop in the market on a single day could mean $5 million to him. Of course he could always console himself with the $245 million remainder....

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