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, 401Ks and Mutual Funds! Alas, it’s true – all to help the 12 million illegal immigrants and other unemployed minorities! … 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 ways to guarantee these people the standard of living they would like to have as ‘Americans’.” … if you are RETIRED, or expect to be, it will affect you.
Representative Nancy Pelosi of California, the House Democratic Leader who became Speaker of the House after the 2006 elections, has gone on record as supporting the repeal of tax breaks and subsidies of up to $33 billion from energy and oil companies … However, the item produced above, quoting Rep. Pelosi is disdaining recent stock market gains and endorsing a 100% windfall profits gained from stocks … does not correspond to anything she actually said or proposed. …
When we lowered the taxes for families with children, she voted against it. And when we put the death tax on the road to extinction, she voted against it. …
They’ll take food out of the mouths of children in order to give tax cuts to the wealthiest.
Voted NO on retaining reduced taxes on capital gains & dividends.
Voted NO on providing tax relief and simplification as prescribed by the Working Families Tax Relief Act of 2004.
Voted NO on making permanent an increase in the child tax credit.
Voted NO on making the Bush tax relief permanent that are to expire in 2010.
Voted NO on $99 economic stimulus: capital gains & income tax cuts in 2002.
Voted NO on eliminating the Estate Tax (“death tax”) – so, Bush was right to make that comment above.
Voted NO on $46 billion in tax cuts for small business – 2000.