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Mitt Romney

Hits Costco

Buys Toy Car (Manufactured in China)

12/4/2012 10:30 AM PST BY TMZ STAFF
EXCLUSIVE

1204_mitt_romney_shopping_costco_launch_V2
Mitt Romney went on a MASSIVE (and fiscally responsible) shopping spree at a Costco near his home in La Jolla, CA this week ... stocking up on all sorts of goods ... including a product MADE IN CHINA!!!

Besides the paper plates, dixie cups, wrapping paper, V8 juice drinks, pretzel snacks, Bisquick and bottled water ... Mitt and his wife Ann also purchased a model car made by the Maisto company (probably a gift for one of his 18 grandkids ... sorry for spoiling Xmas).

TMZ spoke to a rep for Maisto who confirmed their products are manufactured in China ... before they're shipped to the distribution center in Fontana, CA.

Of course, Mitt railed against China during his bid for the presidency ... claiming the country is manipulating currency and stealing American manufacturing jobs.

We tried to find some American-made toy cars that Mitt could've bought instead ... but we couldn't ... not even Hot Wheels ... they're manufactured in China and Mexico.

334 COMMENTS

No Avatar
196.

TEAinCA    

You are full of BS..we the taxpayer pay O, so we bought the trees and what ever the F. else the commie buys.

689 days ago
197.

1disgustedamerican    

SO WHAT!

688 days ago
198.

lolurdumb    

Romney such a joke!!!! He made for great laughs these past few months lol

688 days ago
199.

KHT    

Funny how China was enemy no. of liberals and the unions until Mitt took it on. Funny how this doesn't mention all the products from China that the Costco CEO James Sinegal, no. 1 funder of Democrats and liberal causes, imports into his store.

688 days ago
200.

Norma    

If you want toys for Christmas, what can you buy that isn't from China. This is exactly what he was talking about! Duh!

688 days ago
201.

LeeBrewster    

Yes, Costco sells a lot of product from China. Let's not forget... When President Obama needed a business executive to come to his campaign defense, Jim Sinegal was there. The Costco co-founder, director and former CEO even made a prime-time speech at the Democratic Party convention in Charlotte. So what a surprise this week to see that Mr. Sinegal and the rest of the Costco board voted to give themselves a special dividend to avoid Mr. Obama’s looming tax increase. Is this what the President means by “tax fairness”?

Specifically, the giant retailer announced Wednesday that the company will pay a special dividend of $7 a share this month. That’s a $3 billion Christmas gift for shareholders that will let them be taxed at the current dividend rate of 15%, rather than next year’s rate of up to 43.4%—an increase to 39.6% as the Bush-era rates expire plus another 3.8% from the new ObamaCare surcharge.

More striking is that Costco also announced that it will borrow $3.5 billion to finance the special payout. Dividends are typically paid out of earnings, either current or accumulated. But so eager are the Costco executives to get out ahead of the tax man that they’re taking on debt to do so.

[...]

One of the biggest dividend winners will be none other than Mr. Sinegal, who owns about two million shares, while his wife owns another 84,669. At $7 a share, the former CEO will take home roughly $14 million. At a 15% tax rate he’ll get to keep nearly $12 million of that windfall, while at next year’s rate of 43.4% he’d take home only about $8 million. That’s a lot of extra cannoli.

688 days ago
202.

Lekili    

The Fontana facility treats non Asian people like garbage.

688 days ago
203.

libsRpedos    

Your boy biden went to crapskos and baught "made in China" items. Where is that article tmz? Crapsco's co-owner, jim sinegal, was a big obuma suporter, libtards.

688 days ago
204.

Joy Williams    

I'm sure who ever wrote this article buys things that are made in China too. What a hypocrite.

688 days ago
205.

Kim    

This story is so dumb and ignorant, so what who goes into walmart or target or any other store and check to see where the toy was made? why are you people so stupid? For you libs to have won the election you sure are a pissed off bunch, is it that you realize that your Messiah is not going to save you, he is going to send this sucker over the cliff. Oh and before you call me a racist I am a black woman, because I know that's the liberal go too, it's an embarassment to my race.

688 days ago
206.

Techraan    

He went to Costco. Mitt went to Costco. Wow.

688 days ago
207.

n    

these dems are so full of it. I bet they enjoy buying stuff from cosco and walmart just because of the pricing. "made in china" has make it possible for people to enjoy more things with limited income. who ever make this type of comments should use more of their brains, oh maybe they are all brain washed so there won't be any..

688 days ago
208.

Paul    

didn't Romney talk about his American made cars during the campaign...looks like he is piling his Costco purchases into an Audi

688 days ago
209.

Ratings Needed    

TMZ staff/blonde woman: RESEARCH SO YOU DON'T SOUND IGNORANT. Church of Jesus Christ Latter Day Saints(LDS/Mormon) http://mormon.org/

688 days ago
210.

amy zhang    

woooaaahhhh, hes buying a toy car thats made in china, holy ****. almost everything here is made in china so i dont see how this article is relevant. He just seems like a guy who lost the elections and decided to have a normal life...

688 days ago
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