The Humble Libertarian

Building a small army to take over the world and... leave everybody alone.

Monday, July 16, 2012

The Secret Behind Romney’s Magical IRA

The most mysterious of the unexplained mysteries about Mitt Romney’s considerable wealth is how he was able to amass between $21 million and $102 million in his individual retirement account during the 15 years he was at Bain Capital LLC.

How did he do it, given the relatively small amounts that the law permits to be contributed to such a plan on an annual basis? Romney has not explained this conundrum, and seeing as he wants to become president, he would be wise to start talking -- if for no other reason than there might be many Americans who would like to emulate what he did.
Read the rest here

Judy Morris,
Blogger, THL
Articles | Website