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New Democratic Ideas
Read this and see how much you like it.
Windfall Tax on Retirement Income
Adding a tax to your retirement is simply another way of saying to the American people, you're so 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 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.
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Re: New Democratic Ideas
[QUOTE=wishniwasfishn;345492]Read this and see how much you like it.
Windfall Tax on Retirement Income
Adding a tax to your retirement is simply another way of saying to the American people, you're so 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 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.[/QUOTE]
Checked snopes, and this was shot down last year I believe, but this woman is CRAZY!
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Re: New Democratic Ideas
Hold on brother, you ain't seen nothing yet. This country's politics are about to get truly scary to anyone who has a conservative bone in their body. My personal belief is history has never seen the like of the liberal swing we're about to take.
Imagine California nationwide. With the media and Hollywood types helping brainwash the masses and no real opposition, the Dems can move the entire country much closer to a Canadian/European style society.
The other countries under socialist or quasi-socialist governments are tickled to death about the recent elections, the last country where the majority wanted to live free of total government control has fallen.
I believe the Democrats' ultimate intent is for the government to be responsible for your medical care, employment, retirement, and most every other facet of your life. After that the 'living document' that is our constitution can be interpreted any way they want.
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Re: New Democratic Ideas
I was having a good day until I was reminded of the Nancy and Dem takeover. Anyone out there smart enough to figure out a way to protect our money from these goons?
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Re: New Democratic Ideas
[QUOTE=Devils Horse;345504]Hold on brother, you ain't seen nothing yet. This country's politics are about to get truly scary to anyone who has a conservative bone in their body. My personal belief is history has never seen the like of the liberal swing we're about to take.
Imagine California nationwide. With the media and Hollywood types helping brainwash the masses and no real opposition, the Dems can move the entire country much closer to a Canadian/European style society.
The other countries under socialist or quasi-socialist governments are tickled to death about the recent elections, the last country where the majority wanted to live free of total government control has fallen.
I believe the Democrats' ultimate intent is for the government to be responsible for your medical care, employment, retirement, and most every other facet of your life. After that the 'living document' that is our constitution can be interpreted any way they want.[/QUOTE]
I just dont understand why the Democrats feel that it is our responsibility to take care of those who do not want to take care of themselves. I understand that everyone needs a hand up sometime or another, but to make me take care of someone who wants to lay around and do nothing but drugs and pop out kids makes no sense to me. These people choose to live like this, so let them, make welfare like unemployement, after a resonable time, its cut off, and you are on your own, I will help your kids out with medical, but you are responsible for your own self. Yes I voted Republican, cause someone has to work to pay for the immigrants, and welfare recepients.
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Re: New Democratic Ideas
[QUOTE=DJD;345507]I was having a good day until I was reminded of the Nancy and Dem takeover. Anyone out there smart enough to figure out a way to protect our money from these goons?[/QUOTE]
gold bullion. cash out your 401k and pay the 10% penalty. we'll probably pay more than 10% extra when they set the new rates. just hope they don't make it retroactive.
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Re: New Democratic Ideas
[QUOTE=gilly;345529]gold bullion. cash out your 401k and pay the 10% penalty. we'll probably pay more than 10% extra when they set the new rates. just hope they don't make it retroactive.[/QUOTE]
Well, it is a 10% penalty, and THEN you have to pay income taxes on it......don't forget about that.......
BUT Hey......if Pelosi, Reid and Obama have their way, you won't have to worry about your 401K........it wll become part of Social Security.......GOTTA LOVE IT.
Later,
Geo