Nancy " The Wicked Witch of the West" Pelosi

Nancy Pelosi (D-CA), Speaker of the House, Representative from San Fransisco, has a brilliant idea, a 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. Nancy Pelosi wants a Windfall Tax on Retirement Income. In other words tax what you have made by investing toward your retirement. By putting a Windfall Tax on all stock market profits including Retirement fund, 401K and Mutual Funds, you money can be redistributed.

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.'

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'...'

Still not convinced that the current Democratic Leadership has a Socialist agenda??

Signing off...JCB Sphere: Related Content