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

[blacken700]

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

[Soul Crusher]

You posted the same thing twice today moron. 

[Straw Man]

You posted the same thing twice today moron. 

who cares, you post the same shit over and over again and often you start threads in which you talk to yourself for post after post

Ryan is a rich kid and his family made their money by building roads (governent contracts anyone) and his wife is loaded too

Why is it all these rich politicians want to cut taxes on themselves while asking the rest of the country to pay for it?

[Soul Crusher]

who cares, you post the same shit over and over again and often you start threads in which you talk to yourself for post after post

Ryan is a rich kid and his family made their money by building roads (governent contracts anyone) and his wife is loaded too

Why is it all these rich politicians want to cut taxes on themselves while asking the rest of the country to pay for it?

Don't know - why not go ask Thuglosi, Feinstein, Lautenberg, Kerry, and the rest of the left wing millionaires. 

[Straw Man]

Don't know - why not go ask Thuglosi, Feinstein, Lautenberg, Kerry, and the rest of the left wing millionaires. 

Are they all promoting tax cuts for themselves while asking everyone else to pay for it?

it's funny how Ryan's family (like so many other rich Repubs) made their money by sucking the government teet while at the same time bitching and moaning about the government

[240 is Back]

i like ryan, but it's starting to sound like he's just another republican lawmaker.

[James]

This is his wife's money, not his. Any property or proceeds from an inheritance is separate property.

Wisconsin is a "community property" state, with the presumption that all marital property should be divided equally. Marital property is all of the spouse's property except separate property inherited by either spouse,
http://divorcesupport.about.com/od/usstatedivorcelaws/a/wisconsin_law.htm



How is the economy doing?

[240 is Back]

This is his wife's money, not his. Any property or proceeds from an inheritance is separate property.


How is the economy doing?

good point.  Repubs too busy mocking biden to talk bout the dismal UE numbers.

[Straw Man]

This is his wife's money, not his. Any property or proceeds from an inheritance is separate property.
How is the economy doing?

then why did he ammend his financial disclosure statemen to include it (and Wisconsin also appears to be a community property state)

[Soul Crusher]

then why did he ammend his financial disclosure statemen to include it (and Wisconsin also appears to be a community property state)

Depends how the trust is worded. 

[MCWAY]

good point.  Repubs too busy mocking biden to talk bout the dismal UE numbers.

Oh, they're talking about them. Mocking Biden is just a bonus.

[Soul Crusher]

Wisconsin is a "community property" state, with the presumption that all marital property should be divided equally. Marital property is all of the spouse's property except separate property inherited by either spouse,

http://divorcesupport.about.com/od/usstatedivorcelaws/a/wisconsin_law.htm

Straw - BUSTED 

[James]

then why did he ammend his financial disclosure statemen to include it

They file a Joint (Married) Return, so both sign, but it is separate property and this is the reason it is in a Trust, to have it remain separate from community property.

"What Stays Separate in a Community Property State"
3. Any property received as a gift or inheritance during the marriage from a third party (as long as this property remains separate from community property, such as joint banking accounts).

http://www.legalzoom.com/marriage-divorce-family-law/divorce/ins-and-outs

(and Wisconsin also appears to be a community property state)

Wisconsin is a "community property" state, with the presumption that all marital property should be divided equally. Marital property is all of the spouse's property except separate property inherited by either spouse,

http://divorcesupport.about.com/od/usstatedivorcelaws/a/wisconsin_law.htm

[Straw Man]

They file a Joint (Married) Return,so both sign, but it is separate property and this is the reason it is in a Trust, to have it remain separate from community property.

"What Stays Separate in a Community Property State"
3. Any property received as a gift or inheritance during the marriage from a third party (as long as this property remains separate from community property, such as joint banking accounts).

http://www.legalzoom.com/marriage-divorce-family-law/divorce/ins-and-outs

Wisconsin is a "community property" state, with the presumption that all marital property should be divided equally. Marital property is all of the spouse's property except separate property inherited by either spouse,

http://divorcesupport.about.com/od/usstatedivorcelaws/a/wisconsin_law.htm

fair enough -still no explanation for why Ryan chose to ammend his disclosure

btw - I personally don't care about his wifes money. It's a non-issue for me

It's got nothing to do with his policies although it doesn't help his case of lowering taxes on the rich since both he and his wife are wealthy

[Straw Man]

Straw - BUSTED 

you suck as a lawyer

I didn't say "is a community property state" 

I specifically said "appears to be"

[James]

fair enough -still no explanation for why Ryan chose to ammend his disclosure

It is not his money, he doesn't control it, doesn't have access to it, and should not be considered odd that it had to be amended, that is unless you are a Liberal who doesn't want to talk about the current Economy.

btw - I personally don't care about his wifes money.

Nice to see you now know who's money it is.

It's a non-issue for me

Yet you have 5 post in this thread so far, go figure...

[Straw Man]

It is not his money, he doesn't control it, doesn't have access to it, and should not be considered odd that it had to be amended, that is unless you are a Liberal who doesn't want to talk about the current Economy.


Nice to see you now know who's money it is.

not sure exactly how you're confused about that since I said in my first post that his wife was loaded too

Yet you have 5 post in this thread so far, go figure...

yeah, go figure

my first post asks why these rich people like Romney and Ryan keep wanting to give themselves tax breaks and I also pointed out that the Ryans got rich off the public teet while at the same time bitching about the governement

any response to either of those things ?

[Fury]

good point.  Repubs too busy mocking biden to talk bout the dismal UE numbers.

I don't think you've made a post on the economy in weeks, gossip queen. You're like a gayer political version of Perez Hilton.