Busted: Paul Ryan Left $1-5 Million Trust Off Disclosure Forms Until He Was Vetted

[Tx4obama]

Busted: Paul Ryan Left $1-5 Million Trust Off Disclosure Forms Until He Was Vetted

What is it with the Romney/Ryan ticket? The murky money of Romney/Ryan is becoming the defining narrative about the Republican ticket.

Paul Ryan and his wife inherited between $1-5 million in 2010 and whoopsie daisy, he forgot to disclose it for two years. You’d almost think it was on purpose, well, some people do think that, since Ryan didn’t remember it until he was being vetted by the Romney campaign.

Hey, at least Paul Ryan provided some tax returns when he interviewed for the VP slot. That’s more than some people will do. But it doesn’t look so great that Mr. Ryan forgot to disclose an income producing trust worth between 1-5 million dollars.

As he was being vetted, Mr. Ryan pulled a Romney and retroactively amended his disclosures on June 6, 2012 in order to include one of the couple’s largest assets — the $1-5 million income producing trust Janna Ryan inherited from her mother.

-snip-

Full article here: http://www.politicususa.com/busted-paul-ryans-1-5-million-trust-left-disclosure-forms-vetted.html

[Bjorn Against]

1. Hey, I'm sure that all kinds of people inherit millions of dollars and then just forget about it

Nothing to see here, what's a few million dollars anyways?

[Angry Dragon]

4. +6,837

I was thinking the same thing

[The Magistrate]

2. Who Couldn't, Ma'am, Forget the Odd Million or Three Laying about the Place?

New rule: what you do not disclose, you forfeit to the Treasury.

[FiveGoodMen]

11. Oh, THAT is a first-rate idea!

Hide it; lose it.

[Major Hogwash]

13. "We don't even know how much we're worth." -- Anne Romney

From the interview on ABC last night:

"Our money has been in a blind trust for . . oh so long . . we don't even know how much we're worth."

Now, that is a sure-fired way to capture the "common man's" vote, wouldn't you say?

[Blue Owl]

3. How many houses do I own again???

[WestSeattle2]

5. Oh, but I worked at McDonalds! I'm just like you! And I have ripped abs!

[rocktivity]

6. Yet he wants to be in a position where he'll be involved in decisions about a NATION'S budget?

We're not talking some change that fell between his couch cushions!


rocktivity

[Cognitive_Resonance]

9. Perhaps their largest single holding. nt

[indepat]

7. Is the snake oil being peddled by Paul Ryan no more truthful than some of his

previous disclosures?

[Cognitive_Resonance]

8. From the unamended 2011 filing under EXCLUSION OF SPOUSE, DEPENDENT, OR TRUST INFORMATION:

Trusts- Details regarding "Qualified Blind Trusts" approved by the Committee on Ethics and certain other "excepted trusts" need not be disclosed. Have you excluded from this report details of such a trust benefitting you, your spouse, or dependent child?

He clearly checked "No"

http://pfds.opensecrets.org/N00004357_2011.pdf

[WestSeattle2]

10. Ayn Rand made him do it. He's channeling her.

[aggiesal]

12. I'm willing to bet that . . .

The Ryan Budget plan zero's out inheritance taxes, and in
the fine print, makes is retroactive for 2 years (to cover
his own situation).

He was hoping it would pass without any scrutiny, but, damn
those ingrate Democrats just wouldn't pass the bill.