SGS is Long (As of close of 4/30/2012)
- Did Mitt in his 2008 or 2009 tax return apply and was granted immunity from prosecution for not declaring income and cap. gain from assets kept in foreign accounts?
- How the hell Mitt turned an IRA account which was limited to an average of $3700 annual contribution since 1981 (that is a total of $114,700 over 31 years) to over $100 million. Assuming $100 million, it means Mitt returned a whopping average return of 43% on his IRA investment in the last 31 years!
- Why Mitt deducted only $2.25 million in charitable contribution in his 2011 taxes while he contributed over $4 million (nearly all to Mormon churches and organizations). Was it because if he had deducted the full amount his tax rate would have dropped to 9% from 14% for 2011? Is Mitt planning to amend his 2011 taxes in order to deduct the entire amount after the election?
I expect Market to resume its rally on Thursday once everyone including Fox News accepts that it's over.
BTW, I am NOT an Obama fan, but if Mitt / Paul are elected, they would presides over the destruction of the middle class which eventually would turn our country into a banana republic where 99% of the wealth is owned by 1% of the population. As always, I'm going to hold my nose and vote.