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DonViejo

(60,536 posts)
Wed Oct 1, 2014, 01:09 PM Oct 2014

Romney is Still Buying Houses

New York Times: "Despite being dinged for conspicuous real estate consumption in 2012, he's building a not-at-all-humble mansion in Utah, with 5,900 square feet of living space, an outdoor gazebo, fire pit and spa. (Another 1 Percent touch: a 'secret door' leading to a storage room.) It will be Mr. Romney's fifth home - or his fourth - details, details - if he manages to sell his $12 million waterfront estate in La Jolla, Calif. (of car-elevator fame)"

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http://politicalwire.com/archives/2014/10/01/romney_is_still_buying_houses.html
22 replies = new reply since forum marked as read
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Romney is Still Buying Houses (Original Post) DonViejo Oct 2014 OP
Come on, leave him alone get the red out Oct 2014 #1
Well at least he'll have to pay property taxes. bklyncowgirl Oct 2014 #2
He doesn't have income yeoman6987 Oct 2014 #5
No salary or earned income, but scads of income. merrily Oct 2014 #8
Well yeah. Investment income which is totally different yeoman6987 Oct 2014 #13
You questioned his duty to pay income tax. I replied to that. merrily Oct 2014 #16
I understood that guys like him onethatcares Oct 2014 #15
No, he has income. He gets one or more pay outs from Bain and pays merrily Oct 2014 #17
That's nothing, soon he'll have his own planet! FSogol Oct 2014 #3
How much is the gift tax on a planet? merrily Oct 2014 #18
Just like Mitt's other taxes, the rate will be zero. FSogol Oct 2014 #19
He claimed he never paid less than 13.5% but also claimed merrily Oct 2014 #21
He's making his family buy black babies. Oh, yes, he's running for president. nt valerief Oct 2014 #4
It must be only 4 houses... pinboy3niner Oct 2014 #6
WHAT!!! California didn't lover him enough... Tikki Oct 2014 #7
Hell, yeah. Orsino Oct 2014 #9
McGrumpy had Nine houses. Wellstone ruled Oct 2014 #10
He's a house hoarder. MohRokTah Oct 2014 #11
Most people hoard stuff in their house. Romney hoardes houses. n/t Yavin4 Oct 2014 #12
If his private possessions could vote. he'd win in a landslide.... Or maybe not. Maybe Guy Whitey Corngood Oct 2014 #14
there are lots of things to bash him over, how he decides to spend his money seems to be a silly one DrDan Oct 2014 #20
houses are people too, my friend nt geek tragedy Oct 2014 #22
 

yeoman6987

(14,449 posts)
13. Well yeah. Investment income which is totally different
Wed Oct 1, 2014, 03:32 PM
Oct 2014

We all one day are not going to have a job and will be forced to rely on our SS and investment income.

merrily

(45,251 posts)
16. You questioned his duty to pay income tax. I replied to that.
Fri Oct 3, 2014, 06:41 AM
Oct 2014

However, I don't know if all his payout from Bain represents retirement benefits or profits from companies that Bain purchased or invested in while Romney was working for Bain.

onethatcares

(16,168 posts)
15. I understood that guys like him
Wed Oct 1, 2014, 04:04 PM
Oct 2014

borrow money from their corporations and then pay it back slowly, deducting interest on what they borrowed to live on.

what a freaking scam. He has no "income" per se, just a lot of loans.

merrily

(45,251 posts)
17. No, he has income. He gets one or more pay outs from Bain and pays
Fri Oct 3, 2014, 06:45 AM
Oct 2014

income taxes. He does not pay a huge percentage of his income in taxes, but he pays income taxes. If he borrows, that is in addition to the taxable income he gets from Bain.

This was discussed at length during the 2012 campaign.

merrily

(45,251 posts)
18. How much is the gift tax on a planet?
Fri Oct 3, 2014, 06:48 AM
Oct 2014

Will he have the same size planet as the less wealthy Mormons? Or does income inequality continue throughout all eternity?

Does valuation of a planet go strictly by square footage, or does location matter?

Where is God's planet? Doesn't He deserve one?

Will Mitt's planet have a garage elevator for his planet rover vehicles?

Inquiring minds want to know!

merrily

(45,251 posts)
21. He claimed he never paid less than 13.5% but also claimed
Fri Oct 3, 2014, 08:00 AM
Oct 2014

he never paid a cent more than he owed. However, for the year he produced--when he finally got done with his return, he owed less than 13.5%, but paid more. Guess he had to pick which thing to make himself a liar about and opted for "I never pay a cent more than I owe." Bet that was a tough choice, though maybe a bit less of a tough choice after that video hit the fan.

Tikki

(14,557 posts)
7. WHAT!!! California didn't lover him enough...
Wed Oct 1, 2014, 01:47 PM
Oct 2014

Dude, I can find about a million people here who will help you pack for the move...

The rest will just stand at the border and wave...goodbye.
Tikki

 

Wellstone ruled

(34,661 posts)
10. McGrumpy had Nine houses.
Wed Oct 1, 2014, 02:36 PM
Oct 2014

Lets see,if he list this new house as his primary residence,he gets a 45% real estate tax break. Oh forgot,were are your tax returns Willard? Rumor has he is in line to take over his Cult. Just go away please cause it is so hard to be a Rmoney.

 

MohRokTah

(15,429 posts)
11. He's a house hoarder.
Wed Oct 1, 2014, 02:38 PM
Oct 2014

Regular hoarders horde all sorts of crap in their house.

Romney hordes houses.

Guy Whitey Corngood

(26,500 posts)
14. If his private possessions could vote. he'd win in a landslide.... Or maybe not. Maybe
Wed Oct 1, 2014, 03:33 PM
Oct 2014

his houses and cars all think he's an unlikeable douche.

DrDan

(20,411 posts)
20. there are lots of things to bash him over, how he decides to spend his money seems to be a silly one
Fri Oct 3, 2014, 07:46 AM
Oct 2014
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