Pelosi says, "Let's tax pensions!"
From: Winstonone@aol.com (Edited for clarity)
who understands our monetary system knows that most retirement funds
lose real value and are not exactly what a person hopes for at the end
of their work life. Some types of funds do gain in real (with respect
to inflation) value, and those typically go to people in the public
sector. We contribute greatly to those programs through a myriad of
you recall a big fuss a few years back about allowing some folks to
direct part of their Social Security retirement payments into private
like corporate bonds or stocks. The answer from our liberal
absolutely not -- which was pure hypocrisy, since some if not all
categories of public employees (including members of Congress)
already have the power to do that. They can say, "I want this
amount of my regular Social Security payment to go there, instead of
into an imaginary trust fund the politicians tap to spend on bridges to
Government "servants" can do it, but most private citizens
All recent statistics on the subject show that the smaller portion of
federal employee retirement pensions that is in stocks contribute the
largest amount of growth to their funds -- which in part may explain
why Pelosi wants what she wants. Unless government employees are
excepted from her "program," she and her liberal pals will at last get
their hands on some of those profits.
Adding a tax to your retirement is simply another way of saying to the
American people, you're so damned 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 on:
involves taxing all
stock market profits. Whether your investments are your own, or a
part of a union retirement fund like the Teamsters, they're squarely in
her gunsights. Retirement funds, 401Ks, mutual funds - -
Why does she want to do this? Here's a quote: "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."
Which "rich" people is she talking about? For starters, you can
bet your boots that there is at least one class of rich people who will
be given a loophole. Congress is chock full of representatives
and senators who have huge bank accounts.
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'."
Comrade Ms. Robin Hood, Nancy Pelosi. Rob
from the rich and give to the poor. From each according to his
ability, to each according to his needs. Pure communism.
Unadulterated socialism -- particularly when you look at the Democrats'
definition of "rich." You think "rich" means
millionaires. It doesn't. Not in their book.
If you and your wife pull in a total of forty or fifty grand a year, it
Do you want a new tax on money you've never held in your hand? A
tax on profts that are just numbers on a page? Profits that have
never even appeared in your bank account, and now never will?
Then, vote for Pelosi and her pals, again.
|Note: E-RFDs are messages that
circulate around the
internet. Some are factual and some are mythical. We make
distinction between the types, here, but rather offer them pretty much
as they come in -- as examples of comment and rumor from a global mind.