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To: conservativejoy

Trump plans ahead. Rubio liquidated a $68,000 IRA last year — paying $23,000 in penalties — just 2 years after receiving a $1 million book advance. I cannot believe there are 12-16% of Republicans who actually trust that idiot to lead the nation (and a $2 trillion budget).


7 posted on 12/20/2015 12:38:05 PM PST by montag813
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To: montag813
Rubio liquidated a $68,000 IRA last year — paying $23,000 in penalties — just 2 years after receiving a $1 million book advance.

Perhaps he needed a brake job on one of his fancy cars. You know those DC types don't drive around Honda Pilots and Toyota 4Runners.

11 posted on 12/20/2015 12:41:32 PM PST by Steely Tom (Vote GOP: A Slower Handbasket)
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To: montag813

Penalties are 10% of the liquidated amount, $6,800 in this case.

The rest is just ordinary income tax.


28 posted on 12/20/2015 1:43:01 PM PST by Balding_Eagle ( (The Great Wall of Trump ---- 100% sealing of the border. Coming soon.))
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