Ryan's latest whopper: Oops, I 'overlooked' 20% of my income
http://www.dailykos.com/story/2012/09/22/1135146/-Ryan-s-latest-whopper-Oops-I-overlooked-20-of-my-incomeFrom the NYT article on Romney's newest tax info release:
In an amended return also released Friday, Representative Paul D. Ryan, Mr. Romney’s running mate, disclosed that he and his wife had initially failed to report $61,122 in income from 2011. He said the failure was inadvertent. The change raised their total income to $323,416 and increased their taxes by $19,917 to $64,674, or 20 percent of adjusted gross income.
They owed a penalty of $59 for the original underpayment. The Ryans explained that they had overlooked their income from the Prudence Little Living Trust. Mrs. Little, who died in 2010, was Mrs. Ryan’s mother.
Yup. I overlooked that $60K, almost 20% of my income. $60K here, $60K there, how am I supposed to keep track of it? Who can remember every penny? Besides it came from some obscure source I'd never remember ... what was it again? ... oh yeah, your Mom's trust.
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Ryan has slept in his Congressional office and used the Congressional Gym as his bathroom for years. Essentially couch surfed for free off the taxpayer.
Despite the fact that this is in violation of all zoning, health and professional restrictions, Paul Ryan has used his office as his DC crash pad for the ten years he's been in office. Not only is the skwiiick factor here enormous ("oh no, I just sat on a wet spot on your office couch"
but it is morally reprehensible/illegal to make taxpayers pick up his utility, cleaning, lodging bills...this same guy would never, ever vote for funding a homeless shelter in his district! No hardworking, underpaid teacher I ever met would even entertain the thought of sleeping in her classroom, yet grifter Ryan would never,ever vote to conform teacher pay raises to a cost of living index.
So for ten years, a couple of nights a week at say $150, that's pretty substantial undisclosed income. Certainly Ryan has "overlooked" adding this "benefit" to his earned income. Yet it's high time the IRS collect some kind of lodging/hotel tax plus penalties on Ryan's self-awarded mooching off the taxpayers? You'd also think some hefty fines for habitual DC code violations would also be in order.
