That is not true. The only nonsense I see is coming from your constant repeating of lies.
Mitt Romney
- Thread starter moreluck
- Start date
That is not true. The only nonsense I see is coming from your constant repeating of lies.
Romney and Ryan will immediately work on a tax overhaul and regulation reform to get the millions of American jobs and back to work.
Obama -elected four years ago with a terrible economy --chose to use all political strength and capital to push through Obamacare that a vast majority of American's disagree with.
No work or attention to tax reform and job creation.
Has a "Jobs Committee" that he has not met with since January.
As He stated --I am the President --but rather than showing us how he will create jobs --by working on HIS job --he does nothing but campaign, raise money and tell us how Romney is out of touch !!! ????
How many times has Congress taken up his Jobs Bill? How much time have they spent uselessly voting to repeal the PPACA?
moreluck
golden ticket member
Romney answered, "Well, he didn’t have as much as I think some people anticipated. And I did get a check from my dad when he passed away. I shouldn’t say a check, but I did inherit some funds from my dad. But I turned and gave that away to charity. In this case I gave it to a school which Brigham Young University established in his honor. ... And that’s where his inheritance ended up."According to a short history of the George W. Romney Institute of Public Management at BYU, the family provided an endowment in 1998, within a few years of George Romney's death.
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“I did get a check from my dad when he passed away,” Mr. Romney told Brian Lamb during the interview. “I shouldn’t say a check, but I did inherit some funds from my dad.
“But I turned and gave that away to charity,” Mr. Romney said. “In this case I gave it to a school which Brigham Young University established in his honor, the George W. Romney School of Public Management.”
He continued: “And as an institute of public management, it helps young people learn about government and about serving in public service. And that’s where his inheritance ended up.”
UPS Lifer
Well-Known Member
Mitt's own words:
"What I got from my parents when they passed away I gave away to charity and to my kids." It's called generation skipping, and done for tax reasons. He was already wealthy when his parents passed away.
He certainly had gotten plenty of money from his parents before they passed away, as well. This has been confirmed by the struggling Anne Romney.
UPS Lifer
Well-Known Member
It's cut and paste day at the Browncafe!
Top Ten Reasons To Dislike Mitt Romney:
...
All that time you did on that post... How many people who read it changed their minds about who they were going to vote for?
Exactly the same number that moreluck convinced. Mine was a cut and paste, took all of 30 seconds, just like dear moreluck's.
moreluck
golden ticket member
Your jealousy is overwhelming!
UPS Lifer
Well-Known Member
So how do you explain Jack Kennedy and Bobby Kennedy and Ethel Kennedy and Teddy Kennedy? Why aren't they demons for having inherited money. Money that was made illegally through irish whiskey bootlegging father Joe the bootlegger.
Your hypocrisy is typical of the uber liberal extreme left wing. Unless you are ready to denounce the Kennedys for their illegal fortune that was inherited. Are you ready to denounce them?
Name calling does not make you right, Rick. In fact it makes you look a bit silly. I didn't denounce anyone for their wealth, just pointed out a lack of verisimilitude.
All I would hope for is honesty from Romney, not careful parsing of words. It would be gratifying to hear him say that he is who is today because of the opportunities that were afforded to him through the hard work of his parents. He didn't do it on his own. He went to the best schools, led a privileged life, and never had to worry about money a day of his life.
His father was an honest man, Willard, not so much.
I have nothing against inherited money, I hope my children inherit some.
moreluck
golden ticket member
When the kids have to pay 55% tax on inheritance....they might be able to have dinner at Olive Garden in your honor!!
So,if you call someone a "Kennedy" it's name calling?????
UpstateNYUPSer(Ret)
Well-Known Member
This is why you transfer everything over to your kids before you die.
uber liberal extreme left wing would be the name calling, sweetie. I should be so lucky as to be part of the Kennedy family.
As far as the 55%, if you have over a million dollars to leave to your child(ren) and don't make arrangements, to minimize that, you are a bigger fool than even I thought.
Honesty from a presidential candidate is all I hope for. I don't see that in Willard Romney.
UPS Lifer
Well-Known Member
Generation skipping as mentioned earlier has to actually skip the generation in the inheritance process. A father can't give money he inherited to his kids and not pay tax on it.
If you have money, the best way to insure no tax to your dependents is to take that money and pay for life insurance as a hedge on the tax or just outright. Life insurance is not taxed.
If you have money, the best way to insure no tax to your dependents is to take that money and pay for life insurance as a hedge on the tax or just outright. Life insurance is not taxed.
UpstateNYUPSer(Ret)
Well-Known Member
There are ways to protect your assets and ensure that your kids don't lose 55% to the govt. which do not involve gifting. I am talking about putting your assets in their name.
Which is why Goerge's money skipped a generation. Of course, we'll never know for sure unless Willard releases his taxes, like his father did. "One year could be a fluke, perhaps done for show, and what mattered in personal finance was how a man conducted himself over the long haul.”...now who said that?
moreluck
golden ticket member
Follow the rules carefully so they don't have to declare it as income!!
MrFedEx
Engorged Member
Here's one for you. George (Romney) was apparently born in Mexico, where his father (Miles) fled to avoid persecution and/or prosecution for polygamy. I thought you had to be born in the USA to run for President, and George was running in 1968. And, sorry, but Hawaii is part of the US.
