Welshtaff's Blog

Windfall Tax!! 
Windfall Tax on Retirement Income
 
  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 i s 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 that 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 is what Pelosi has just done to benefit her and her husband

.  Rep. Nancy Pelosi (D-CA):  House Speaker Nancy Pelosi, who promised a new era of ethics enforcement in the House of Representatives, snuck a $25 million gift to her husband, Paul Pelosi, in a $15 billion Water Resources Development Act recently passed by Congress.  The pet project involved renovating ports in Speaker Pelosi's home base of San Francisco.  Pelosi just happens to own apartment buildings near the areas targeted for improvement, and will almost certainly experience a significant boost in property value as a result of Pelosi's earmark.  Earlier in the year, Pelosi found herself in hot water for demanding access to a luxury Air Force jet to ferry the Speaker and her entourage back and forth from San Francisco non-stop, in unprecedented request which was wisely rejected by the Pentagon.  And under Pelosi’s leadership, the House ethics process remains essentially shut down – which protects members in both parties from accountability.