Posted on 09/02/2009 7:55:36 PM PDT by tobyhill
After the federal government put up hundreds of billions of dollars to bail out Wall Street, the largest labor union in America wants those firms to return the favor.
The AFL-CIO reportedly is promoting a proposal to tax every single stock transaction, and it's gained some support among Democrats.
According to The Hill, the tiny tax would be about a tenth of a percent -- but it could mean a lot of money for companies, like Goldman Sachs, that are making billions and conducting a high volume of trades.
(Excerpt) Read more at foxnews.com ...
So, when their pension plan buys and sells stocks as part of the investment portfolio...
Hell, I have a municipal retirement plan from my short time as a city employee. Guess what the basis for the retirement fund is. Yep, stocks, bonds, and various securities.
What is the ‘usary’ Muslims charge???????
Let’s tax union dues.
Actually, a tax on stock transactions might be acceptable, in exchange for total and irrevocable repeal of the income tax, along with irrevocable termination of all entitlement spending.
The average I Q of a Union thug has to hover somewhere around 55- same as the local speed limit.
They just don’t get how anything financial works.
Payday means buying beers at the local watering hole, not calling your wife and saying you won’t be home for dinner, filling up the Jet Ski with gas or the fishing boat for a weekend of fishing.
Some of them scare the Hell out of me, as I have no idea how long it took their mama’s to train them to put on long pants.
I have worked in 5 unions in my life—because I had to—and I never found any of them to be useful.
People in South Bend, Indiana are still sitting on the porch waiting for Studebaker to come back!!!
along with irrevocable termination of all entitlement spending.”
I want all the SSI recipients who are:
Drug addicts
Alcoholics
Obese by choice (so they can collect SSI)
Hoveround electric carts
Free diabetes test kits
ETC ETC ETC permanently removed from Social Security Disability.
No wonder Social Security is going broke.
It was NEVER intended to send monthly checks to the deliberately not functional and the lazy asses.
Many members of the AFL-CIO are forced into joining this union, it is time to reach out and speak to those conservatives in this union to ask them to push back.
Goldman Sachs—that’s Bob Rubin’s group...don’t you just love it when liberals fight with other liberals? Do you honestly think that the Dem’s money man on Wall Street is going to surrender to these chumps? He’s got O in his corner...that is if he wants money for campaigns.
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