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Originally posted by GogoVicMorrow
reply to post by Nite_wing
Get real man. You people that buy into this partisanship are a joke. The media is not left or right leaning. It leans in the direction of the particular publications owner. Fox news is extreme conservative. Romney likely has far more dirt on him than Obama. He needs to come out with it, he destroyed a bunch of jobs, has over a quarter of a billion dollars we know about and more over seas bank accounts than he can remember. He has lied consistently and he can not relate to normal working people.
I support neither of these joke candidates (which are nearly identical).
Originally posted by Cito
knowing Ron Paul can't win unfortunately, I have now put my vote in with Romney after this.
Originally posted by OLD HIPPY DUDE
reply to post by beezzer
You know what Beezer, "You people................" Oh wait , sorry !
There are limits to the amount of money individuals can contribute to their IRAs. Before Romney was elected Massachusetts governor, federal law capped annual pre-tax IRA contributions at $2,000 and annual 401(k) retirement contributions at $30,000 with a company match as the Journal notes. Cohan reported that Bain used what’s known as a SEP-IRA during Romney's time as head of Bain, which has a slightly higher yearly maximum contribution of $30,000.
Given these contribution limits, experts are scratching their heads about the rapid growth of the account in the decade since Romney officially left the private equity firm Bain Capital.
“It’s extremely unusual,” said George Yin, a professor of law and taxation at the University of Virginia and former chief of staff of the U.S. Congress Joint Committee on Taxation. “The IRA, since its inception, has had very clear limits on the amount that can be contributed each year. And it's way less than $100 million.”
Originally posted by AlreadyGone
Yet when Obama says "you didn't build your business, someone else did."... it is taken out of context.
If you were successful, somebody along the line gave you some help. There was a great teacher somewhere in your life. Somebody helped to create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges. If you’ve got a business, you didn’t build that. Somebody else made that happen. The Internet didn’t get invented on its own. Government research created the Internet so that all the companies could make money off the Internet.