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PELOSI PROPOSAL FOR RETIREMENT FUNDS

Discussion in 'Uncategorized Threads' started by KK, Feb 17, 2008.

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  1. KK

    KK TS Member

    Joined:
    Apr 23, 2006
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    Subject: Pelosi Tax on Retirement


    Hot off the lips of "Madam Speaker".

    Is this woman crazy, or just plain stupid and crazy?

    Nancy Pelosi Wants a Windfall Tax on Retirement Income.


    You aren't going to believe this.


    Madam speaker Nancy Pelosi wants to put a Windfall Tax on all stock market profits (including Retirement fund, 401Ks and Mutual Funds! Alas, it is true - all to help the 12 Million Illegal Immigrants and other unemployed Minorities!

    Boy, are we in trouble... This woman is frightening. "We need to work toward the goal of equalizing income in our country and at the same time limiting the amount the rich can invest."

    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 ways to guarantee these people the standard of living they would like to have as 'Americans'."


    Send it on to your friends. I just did!! Regardless of your political affiliation.....if you are RETIRED, or expect to be, it will affect you.
     
  2. GunDr

    GunDr Well-Known Member

    Joined:
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    Messages:
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    Snopes....

    http://www.snopes.com/politics/soapbox/pelosi.asp


    She and the rest of the Dems were talking about the oil cos. back in 2006.

    I guess you could look at this as 1)Those invested in the oil stocks would see less dividends each year...or 2) The oil industry will just raise prices again to off set the new tax burden.
     
  3. Bisi

    Bisi TS Member

    Joined:
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    Messages:
    3,399
    KK, this isn't the first time this idea came up. Back when Slick Willie (aka Clinton) first became president he was talking about a "one" time tax on retirement accounts. He was looking at all the money people had in their pensions, 401ks, Ira, etc. He wanted to tax all retirement accounts 15%, "one" time. So if you had 100K in your 401K or IRA you would have to pony up 15 thousand to pay for this "one" time tax. Of course the money was to go to "poor" people, and the "children".

    That idea was quickly forgotten after the Republicans took over congress in 94.

    But in 2009 it is beginning to look like the Socialist aka Democraps are going to have control of the house, senate, and whitehouse. God help us, and hold on to your wallet.

    Barack Obama is a full fledged socialist/commie. Watch Glen Beck some night as he goes through what Barack wants. Marx, Lenin, would be proud.
     
  4. halfmile

    halfmile Well-Known Member

    Joined:
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    15,643
    Location:
    Green Bay Wisconsin
    Lost souls, floundering in stupidity.

    How do people that have to work for a living think those elitist bastards are going to look after their interests? ( rhetorical).

    Scuze me I have to go barf now.

    HM
     
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