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The Reason Why So Many Democrats Are Retiring!
Self | 1/10/22 | Stayfree

Posted on 01/10/2022 8:48:18 AM PST by Stayfree

Self-serving as usual, Congress long-a-go put a provision in the tax code whereby upon "retirement", a candidate can transfer all unused campaign funds into a non-profit organization. And I am sure every Democrat who is facing defeat in the upcoming midterms, is busy setting up a self-controlled non-profit into which all of his or her campaign funds will be transferred TAX-FREE!!!!! For example, when Bob Dole retired, he had over $40 million in campaign funds...what a treasure chest for retirement!!!!


TOPICS: Business/Economy; Conspiracy; Society
KEYWORDS: democrats; reason; retiring
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I am sure that is the reason why so many Democrats are retiring in the face of a GOP landslide. They do not want to needlessly blow their TAX-FREE retirement fund!!!!!
1 posted on 01/10/2022 8:48:18 AM PST by Stayfree
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To: Stayfree

Graft over principle. They traded political capital for money, making them very unpopular but quite wealthy...so its time to take their money and run. That’s what con artists do.


2 posted on 01/10/2022 8:54:14 AM PST by AndyTheBear
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To: Stayfree

And with the millions they’ve made off the vaccine stock market????.... Who the hell needs a job?


3 posted on 01/10/2022 8:54:28 AM PST by high info voter
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To: Stayfree
This is definitely *one* of the reasons.

I suspect another: They are less likely to be prosecuted for their crimes if they have already left office.

4 posted on 01/10/2022 8:54:47 AM PST by marktwain (Amazing people can read a persons entire personality and character from one photograph.)
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To: Stayfree
If our country cared about good governance for ordinary people , we would end all tax free status. People who want to donate to a true charity, such as their church or their local hospital, which would still donate.

Democrat mega donors donate to tax free 5013C groups that then use the money to promote leftist causes. The few Republicans mega donors donate to the Republican Party bigs who spend millions on consultants and TV ads. Dems get out the vote. We bore people on television.

5 posted on 01/10/2022 8:54:55 AM PST by Freee-dame
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To: Stayfree

so many Democrats are retiring in the face of a GOP landslide

***********

More likely a mudslide. GOP “victories” tend to be disappointing. Just saying.


6 posted on 01/10/2022 8:56:20 AM PST by Starboard
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To: marktwain

They are less likely to be prosecuted for their crimes if they have already left office

*************

By whom? Certainly not by anyone in the timid GOP.


7 posted on 01/10/2022 8:57:39 AM PST by Starboard
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To: Stayfree

Wouldn’t it be nice if ending all these legislative cutouts, loopholes, and gimmicks were part of one party’s legislative agenda? I don’t care which one, but one of them...

Somehow, all the politicians who get elected to end these types of legislative cutouts and “get money out of politics” end up getting real quiet on the subject after their first campaign.


8 posted on 01/10/2022 8:58:52 AM PST by jz638
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To: Starboard

Keep looking with your eyes wide open. After a few years there won’t be too many folks from either party you feel much in the way of grace, mercy, or forgiveness for...


9 posted on 01/10/2022 9:02:27 AM PST by L,TOWM (An upraised middle finger is my virtue signal.)
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To: Starboard

EVERYONE seems to be forgetting that after Trump took office OUR OWN SIDE led by LYIN RYAN 32 Congress critters left the house in 2018, leaving the house wide open for the stinking Dems!! Why does everyone think these Dems leaving is such a huge deal!!!


10 posted on 01/10/2022 9:03:46 AM PST by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: jz638

Like Newt’s Contract — only provision in it that would have made any real difference was term limits and that one was quietly killed. The other window dressing provisions all got passed real quick... one that would have modified the game? Nah....


11 posted on 01/10/2022 9:07:39 AM PST by L,TOWM (An upraised middle finger is my virtue signal.)
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To: Trump Girl Kit Cat

Even when the Dems “lose” they still manage to intimidate the weak and feckless Republicans. A lot of Dems may bolt and the GOP may take back the House but so what? Little will change.


12 posted on 01/10/2022 9:09:04 AM PST by Starboard
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To: jz638

Even as the next election approaches the GOP still has NO AGENDA. All they have is “vote for us because we’re not Democrats”.


13 posted on 01/10/2022 9:11:35 AM PST by Starboard
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To: Stayfree

Also, if there is an opposition party majority, they lose their [lucrative] chairmanships for the next session.

Many choose to leave because big $$$ supporters have [lucrative] jobs as board members, directorships, managerial level positions waiting for them. They still have influence in a lot of governmental concerns.


14 posted on 01/10/2022 9:13:59 AM PST by TomGuy (!)
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To: Stayfree

Thank you, you’re identifying the likely real story!


15 posted on 01/10/2022 9:18:05 AM PST by JonPreston (Q: Never have so many, been so wrong, so often)
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To: Stayfree

We can only hope this is a good thing.

However, I am suspicious of anything the demcorats do and wonder what is up with that.

And after watching the goings on in NY where one democrat after another is being replaced by a more rabid liberal one than the before, I am not quite so optimistic.

I wonder who/what the dems are going to offer in their place.


16 posted on 01/10/2022 9:18:13 AM PST by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith….)
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To: jz638

I call it Potomac Fever. It burns their braincells so much that they become mainstream. Only a few manage to avoid it.

And that rubbing elbows with real power is seductive.


17 posted on 01/10/2022 9:18:45 AM PST by TomGuy (!)
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To: L,TOWM

Term limits was killed by SCOTUS.


18 posted on 01/10/2022 9:21:55 AM PST by ConjunctionJunction (Vim vi repellere licet)
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To: Stayfree

Perhaps too they are tired of being threatened by fascist thugs?


19 posted on 01/10/2022 9:23:30 AM PST by mom.mom (...our flag was still there.)
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To: Starboard

I think the one thing I am no longer doubtful of after the Trump presidency is the intel community runs this country, they are beyond corrupt and you are correct NOTHING will change!! This past election was stolen blatantly and voting anymore is a moot endeavor I AM DONE!!!


20 posted on 01/10/2022 9:24:01 AM PST by Trump Girl Kit Cat (Yosemite Sam raising hell)
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