You are kidding --- right?????

[Jo McDonald]

   Another shocking thing that is happening in Washington, DC


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 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'.   

                    This lady is out of her mind and she is the speaker of the house!

[pam]

God I was gonna reply to this but I can't even think af anything to say that covers my opinion of doin that if they want a higher standard of livin, work for it with the rest of us chickens and do it legal like the rest of us have to.

[Wilma]

Wouldn't it be better to vote republican for the house and remove her from that office?  She holds it only because the House is controlled by the Democrats.  As for getting her out of the House, that is up to California.

[sixdogsmom]

John McCain wants to balance the budget by yet again raising the social security retirement age and eliminating scheduledraises. That means that there will be no more inflation adjusted raises for social security recipients. It does not however cap medicare premium expense which would soon over come whatever social security might be left. Then the elderly will probably be required to go back to work to pay for their medicare.

It is not windfall tax that is being discussed in the house but capitol gains tax; two different animals. Capitol gains tax is a tax on the GAIN, and under Senator Obamas plan would not be implemented unless the taxpayer is in the 220 thousand dollar bracket. Check it out! Don't rely on rumors, find out for yourself! It is easy to become paniced and thunder away in one direction when somebody says guns or taxes. Inform yourself and figure out if this is better for you or for the people who make big bucks and don't want to pay into the system! Most of the current retirees under Senator Obamas plan would not be affected.

[pam]

Lol, I'm not panicin..... by the time I get old enough for social security or anything else there won't BE any! IF I live that long since I can't afford insurance...IF the Iranians ain't already blowed us up....IF the illegals ain't took us over.....IF I don't get alzheimers....which means I won't care cause I won't remember lol.

[frawin]

Some of you expressed your objections to my comment regarding the similarities between Obama's tax proposals and Communism/Socialism. Obama's ideas on taxing the people that work and/or invest in America's companies, the Oil Companies that invest their earnings to produce more oil and provide more jobs has similairities to Pelosi's ideas and no doubt they would as both are very far left thinking and very liberal thinkers. Obama makes the different taxing "suggestions" depending on where and who is speaking to. Compare their taxing proposals to the definitions of Communism and Socialism.

com�mu�nism �� (kmy-nzm) KEY �

NOUN:

A theoretical economic system characterized by the collective ownership of property and by the organization of labor for the common advantage of all members.
Communism
A system of government in which the state plans and controls the economy and a single, often authoritarian party holds power, claiming to make progress toward a higher social order in which all goods are equally shared by the people.
The Marxist-Leninist version of Communist doctrine that advocates the overthrow of capitalism by the revolution of the proletariat.
SOCIALISM:
so�cial�ism �� (ssh-lzm) KEY �

NOUN:

"Any of various theories or systems of social organization in which the means of producing and distributing goods is owned collectively or by a centralized government that often plans and controls the economy.
The stage in Marxist-Leninist theory intermediate between capitalism and communism, in which collective ownership of the economy under the dictatorship of the proletariat has not yet been successfully achieved."

In addition consider what the first thing the COMMUNIST do, THEY DISARM THE PEOPLE.
Consider Obama's talk that he will stop our Nuclear weapons programs and disarm our systems. Do you think that Iran, North Korea, Russia, China, India and Pakistan are going to disarm their programs, Libya, North Yemen, Cuba, Venzuela and the Muslim world would love to see us disarm our country of Nuclear Weapons and our people as well. That is like saying to America, give up your guns and all crime will stop. Making guns illegal will be as sucessful as making drugs illegal or as sucessful as Prohibition was.

This country's success has been built on capital provided by investment, by people of all levels of income, from the very wealthy on down, if you over tax the people that provide the capital for companies, business ventures, Buildings, Housing and all other companies that provide the jobs the result will be less jobs.

How can anyone justify higher taxes to give to those that are able bodied and have never worked and/or won't work. What possible reason does this country have for taxing our people of any income level to give to the 14-18 million illegals, go to their country and see what benefits you get.
Frank Winn

[Lookatmeknow!!]

I am with you Pam.  I won't see a dime of my SS either and the rate these people are going I won't be able to retire.  They will by then raise the age to like 80 or even 90.  It makes me made when people want to mess with what little retirement money I have.  My husband, my three girls, and I all have Life insurance policies that also have retirement policies with them.  We don't have a lot of money, we just wanted something for the girls for college, and this way they can draw out of them.  But right now we pay alot of money, out of pocket because we are self employed, around $200.00 a month for them.  That is alot to us!!  But it was supposed to be worth it in the long run.  I hope they don't try and mess our retirements!!!!

[sixdogsmom]

The oil companies are making an enormous profit right now. The cost to produce gasolina has gone up, but not at the rate that supports their profits. Over three million dollars daily! The people that work for them are not making those profits, but the oil companies. Again we are speaking of two different animals here; windfall and capitol gains. Of course companies are not investing in a working company that actually hires people when they can invest their money in the stock market and not have to pay tax.

By the way, I am not a communist, a socialist, or a girl !

[pam]

Just a question here. I was askin my husband this last night cause he popped off about somebody veerin off to the left when they went wrong. As a left-handed person, why is it that people use the left to label the things that are considered wrong? This is somthin I've wondered about... any opinions, insights?

[Wilma]

If it is the capital gains tax that is being discussed, this I know because I have to figure one of them out every tax season.  The tax on capital gains is figured at a lower rate than the tax on regular earnings.  There is even a special worksheet for figuring the tax.  It doesn't benefit the person with low capital gains but is of a real benefit for the person with large capital gains.  I would like to see this abolished as it is just another way of making it easier for the people that have the means to benefit from it and don't really need it.