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Vicente R. Gutiérrez Santos
User

Posts: 68

Windfall Tax on Retirement Income! - 2008/06/20 11:16 Adding a tax to your retirement is simply another way of saying to the American people, you're so darn stupid that we're going to keep doing this until we drain every cent from you. That's what the Speaker of the House is saying. Read below...............

Nancy Pelosi wants a Windfall Tax on Retirement Income. In other words tax what you have made by investing toward your retirement. This woman is a nut case! 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, 401K and Mutual Funds!) Alas, it is true - all to help the 12 Million Illegal Immigrants and other unemployed Minorities!

This woman is frightening.

She quotes... "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." (I am not rich, are you?)

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'."

Read thid quote again and again, and let it sink in. Lower your retirement, give it to others who have not worked as you have for it.

This lady is out of her mind.

P.S: Nancy is 3rd in succession to occupy the White House according to the Constitution .....

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Gerardo E. Martínez-Solanas

Admin

Posts: 308

Re:Windfall Tax on Retirement Income! - 2008/08/09 19:15 Vicente, please! You shouldn't give credit to this innuendo reproduced from a misguided and false propaganda campaign. These arguments have been advanced by some political extremists calling themselves Republicans who are distorting some facts and appealing to the worse fears of the elderly, i.e. losing part of their hard earned retirement income. In fact, they actually do a disservice to honest and hardworking Republican candidates handling solid arguments against their political foes.

The truth is that as the November 2006 elections gave Democrats control of the House of Representatives and at least parity in the Senate, Nancy Pelosi, as the new Speaker of the House, began pushing for potential means of raising revenue from the recent record profits of oil companies, including the possibility of enacting a windfall profits tax on the oil industry.

The Internet media falsely attributed to a pair of The New York Times reporters a satire that serve as the basis for claims advanced on the following months that Pelosi's tax proposal would include retirement income as well as stock market profits.

However, there is no such bill (approved or proposed) in Congress.

There are enough real mistakes, failures and lack of leadership in the Democratic dominated Congress, giving way to a rate a popularity as low as that of President Bush, that can be used as very good arguments for real "change" by chosing better legislators this November 2008.

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