Madam Speaker Nancy Pelosi wants to put a Windfall Tax on all stock market profits, including retirement funds, 401(k)s and mutual funds. In other words, she wants to tax what you have invested toward your retirement as though it were a "windfall."

She needs it to help the 12 million illegal immigrants and other unemployed minorities.

This woman is frightening.

"We need to work toward the goal of equalizing income [didn't Marx say something like this?], in our country and at the same time limiting the amount the rich can invest."

In other words, if you have a retirement account, you are rich and we need to tax it as if it were windfall income.

When asked how these new tax dollars would be spent, she replied "We need to raise the standard of living of our poor, unemployed and minorities. For example, we have an estimated 12 million illegal immigrants in our country who need our help along with millions of unemployed minorities. Stock market windfall profits taxes could go a long way to guarantee these people the standard of living they would like to have as 'Americans'."

That means: lower your retirement income and give it to others who have not worked as you have for it.

This lady is out of her mind and she is the Speaker of the House!

Vote in November like your way of life depended on it - because it does!


Debbie said... Reply To This Comment

I'm pretty much thinking all incumbents are out of there.

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