daredelvis
Master Poster
- Joined
- Oct 17, 2002
- Messages
- 2,217
O RLY?
You might want to tell Bloomberg about it -- that obvious answer seems to have escaped their notice...
...sorry if that was sarcasm...
It appears I could be wrong. I was basing it on my experience. I had an ESOP back in the early 90's that if I had waited a few years to go on to graduate school would have been worth quite a bit more than $6-30k a year (about 35x what I had to sell it for). The Bloomberg piece suggest that the value is $21m-100m, and that the max he could have contributed is $450k.
It would be interesting to see how it was possible for someone to work the system on this level. Based on the universal axiom of the modern U.S. tax code, "thems' what got gits" I suspect it was totally legal. I am not a Romney supporter, I just suspect that he has the accounting minds on his payroll to make the law work for him.
Daredelvis