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RONALD HULT
Mister Romney’s Mysterious Money
Mister Romney’s Mysterious Money
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This short book addresses the questions:
• Why did Mr. Romney get a State tax refund of $826,064 in 2010? Yes – a State tax refund of over $800 thousand dollars!
• Why did Romney get a foreign tax credit of $129,697 in 2010?
• Why was Romney NOT subject to an underpayment of estimated tax penalty, even though he owed over $1.6 million, towards his 2010 taxes after December 31st of 2010?
• How did Romney accumulate an IRA said to be worth up to $100 million?
Also discussed is the need for tax reform, the need for more disclosure by our elected officials of their personal finances and an argument that when a person becomes wealthy, more financial disclosure may be warranted, NOT less.
• Why did Mr. Romney get a State tax refund of $826,064 in 2010? Yes – a State tax refund of over $800 thousand dollars!
• Why did Romney get a foreign tax credit of $129,697 in 2010?
• Why was Romney NOT subject to an underpayment of estimated tax penalty, even though he owed over $1.6 million, towards his 2010 taxes after December 31st of 2010?
• How did Romney accumulate an IRA said to be worth up to $100 million?
Also discussed is the need for tax reform, the need for more disclosure by our elected officials of their personal finances and an argument that when a person becomes wealthy, more financial disclosure may be warranted, NOT less.
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