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gkhouston

(21,642 posts)

31. Sounds like the old Steve Martin joke about how to become a millionaire.

Reply to highplainsdem (Original post)

Thu Aug 16, 2012, 10:46 AM

Aug 2012

First, get a million dollars. Then, when the IRS asks about the money, say, "I forgot!".

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Highlight:

Ryan's "inadvertent omission" of 7-figure trust from House financial disclosure forms for 2 years [View all] highplainsdem Aug 2012 OP

"It was just an oversight, I swear . . I mean 1 - 5 million? annabanana Aug 2012 #1

Of course. It could have happened to anybody, right? Arkansas Granny Aug 2012 #32

Wow, that reminds me Roy Rolling Aug 2012 #39

Hey, I've overlooked my 7 figure trust many times. Don't we all? MattSh Aug 2012 #70

Eh, de minimis jsr Aug 2012 #2

Yeah, take for example Sen. Ted "ethics, what is ethics" Stevens Coyotl Aug 2012 #23

I guess it takes a tax cheat to know a tax cheat 2pooped2pop Aug 2012 #3

Oops. aquart Aug 2012 #4

So hopelessly out of touch with regular Americans. trotsky Aug 2012 #5

Wait, wasn't his wife a tax attorney? nt nc4bo Aug 2012 #6

You tend to forget about pocket change. Downwinder Aug 2012 #7

meh. happens all the time. poor guy probably left it in the other pants. magical thyme Aug 2012 #14

K&R. Overseas Aug 2012 #8

Republican occultism Berlum Aug 2012 #9

They think it's their "responsibility" to pay no more than legally required bigbrother05 Aug 2012 #20

But by hiding their wealth, Republicans are cheating Berlum Aug 2012 #21

Good grief, your average Money Magazine article shows you how to do just that: hide assets Wednesdays Aug 2012 #74

Not 'Murkian -- Republican Berlum Aug 2012 #78

anyone who has a problem with this is just jealous Enrique Aug 2012 #10

between $1,000,001 and $5 million? RC Aug 2012 #11

Ryan probably can hfojvt Aug 2012 #15

What other (including off shored) investments might he have BumRushDaShow Aug 2012 #12

I atually can understand mistakes of this type hfojvt Aug 2012 #13

Really? Forgetting a few million that you *just* inherited? magical thyme Aug 2012 #16

What is his MOTIVE for leaving it off? hfojvt Aug 2012 #29

I don't know. Where else did he "forget" to include it? magical thyme Aug 2012 #47

So you have nothing. hfojvt Aug 2012 #50

I've got speculation. And until he releases his tax returns magical thyme Aug 2012 #80

Off topic reply... xtraxritical Aug 2012 #85

so you can imagine life with your "family" in a small car magical thyme Aug 2012 #89

We should do it because it needs to be done jmowreader Aug 2012 #86

I doubt if it does any good, and it may even do some harm hfojvt Aug 2012 #88

they want to control the taxes we pay, but still hide the taxes they paid magical thyme Aug 2012 #90

Wait. What? The dude "forgot" a multi - million dollar fund. Warren Stupidity Aug 2012 #91

Ryan has always portrayed himself as a "Working Class Guy", just like most of his district. Ikonoklast Aug 2012 #59

and the extra million would make a difference? hfojvt Aug 2012 #66

His wife made her living as a tax attorney for 2 big corporations. nc4bo Aug 2012 #19

and professionals make mistakes all the time hfojvt Aug 2012 #36

To accidently avoid paying anything. 1st year perhaps an error. 2 years? No pass. nc4bo Aug 2012 #38

whether he reports it on his House disclosure forms hfojvt Aug 2012 #42

Motive? George II Aug 2012 #45

get away with WHAT, exactly? hfojvt Aug 2012 #53

Bending Over Backwards For Him , Aren't You? (nt) Paladin Aug 2012 #67

I think it is a fairly straightforward question. hfojvt Aug 2012 #69

Get away with NOT complying with the law or full disclosure. George II Aug 2012 #93

Public perception is one guess... LanternWaste Aug 2012 #55

In 2010, he beat Heckenlively by 100,000 votes hfojvt Aug 2012 #63

I imagine the target demographics are rather different between a local and national race. LanternWaste Aug 2012 #65

You try that excuse with the IRS two years running, see where that gets you. Ikonoklast Aug 2012 #56

spoken like a Vogon hfojvt Aug 2012 #61

He was hiding his true net worth from his constituency. Ikonoklast Aug 2012 #64

actually I ran for Congress hfojvt Aug 2012 #68

Because his schtick to his constituents is that he's a regular guy riderinthestorm Aug 2012 #84

I forgot=a mistake? FatIrishBastard Aug 2012 #60

so when I filed three amended tax returns hfojvt Aug 2012 #72

Yes FatIrishBastard Aug 2012 #73

Maybe they should ask if he killed anyone KurtNYC Aug 2012 #17

In Fairness... KharmaTrain Aug 2012 #18

A few questions--- Grammy23 Aug 2012 #27

Congressional Disclosure Forms... KharmaTrain Aug 2012 #28

A trust would file its own income tax return on a Form 1041. FarCenter Aug 2012 #46

If that's the case, why would he disclose it now? Arkansas Granny Aug 2012 #35

A Question Worth Asking... KharmaTrain Aug 2012 #40

Calling CREW, we have a new Worst Scoundrel for you. Coyotl Aug 2012 #22

Congress should make this a very severe penalty - 25% of the amount of the assets "forgotten" cbdo2007 Aug 2012 #24

"Oops" FailureToCommunicate Aug 2012 #25

Well, he was a Political Science major and a frat boy. FarCenter Aug 2012 #48

And under Ryan's plan LondonReign2 Aug 2012 #26

Prudence Little? What is this, "Pilgrim's Progress"? n/t Bossy Monkey Aug 2012 #30

Sounds like the old Steve Martin joke about how to become a millionaire. gkhouston Aug 2012 #31

How Convenient! GraniteDem Aug 2012 #33

Kind of puts a dent into the impression they are trying to give of the Ryans being worth less than Skidmore Aug 2012 #34

Excellent observation. He's probably not in Romney's league, but LibDemAlways Aug 2012 #54

On the verge of getting caught..... Sheepshank Aug 2012 #37

That's why it's called the "Etch-a-Sketch" campaign! George II Aug 2012 #44

I wonder what it's like to find a couple of million bucks under the sofa nt MrScorpio Aug 2012 #41

I would love to have enough money that would cause $1-$5M to be overlooked!!!!! George II Aug 2012 #43

I can understand that. I keep forgetting about a few million here and there on my returns. HopeHoops Aug 2012 #49

Mr. 1% Rosa Luxemburg Aug 2012 #51

"What do you expect? It's just chump change to me." nt valerief Aug 2012 #52

Clarence Thomas redux. nt awoke_in_2003 Aug 2012 #57

That happens to me all the time ... bayareaboy Aug 2012 #58

no wonder he and Mr. Bain get along so well. They have so much in commoners. ChairmanAgnostic Aug 2012 #62

What? Financial DISCLOSURE forms? You mean like McCain fills out every year??? progressivebydesign Aug 2012 #71

and we are supposed to trust ANY numbers he presents to Americans at this point? tomm2thumbs Aug 2012 #75

Interesting that he checked the following "No" box on the original 2011 filing-- Cognitive_Resonance Aug 2012 #76

How many millions in his IRA? DonRedwood Aug 2012 #77

and the Trust appears to be the largest single holding among their disclosed portfolio Cognitive_Resonance Aug 2012 #79

True. This was very unlikely to be "inadvertent." highplainsdem Aug 2012 #81

Very interesting... kentuck Aug 2012 #82

I don't buy it. Wouldn't he have an accountant who filled this stuff out for him. gollygee Aug 2012 #83

Ryan gives off a middle class vibe...public should know he's a 1%-er. reformist2 Aug 2012 #87

In all honestly it is very easy to forget about a $5 Million dollar trust NNN0LHI Aug 2012 #92