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!
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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