Posted on 12/07/2009 9:47:12 AM PST by BradtotheBone
(CNSNews.com) House Speaker Nancy Pelosi (D-Calif.) endorsed the idea of a global tax on stock trades and other financial transactions, saying the estimated $150 billion in annual revenue from such a tax could be used to help fund more stimulus spending.
At her weekly press briefing on Thursday, Pelosi said the financial transactions tax (HR4191) currently before Congress would have to be made global to keep U.S. investors from taking their business overseas and out of taxable reach.
The House speaker said that a transaction tax could be imposed in conjunction with congressional efforts to divert funds from the Troubled Asset Relief Program (TARP), with funds from both going to fund a second stimulus spending package. (The first stimulus bill, $789-billion, was signed into law by President Barack Obama on Feb. 13, 2009.)
I believe that the transaction tax still has a great deal of merit, Pelosi told reporters. The concern that many of us or others have had is that it will send, it will send transactions overseas.
Why not just confiscate all stocks and bonds?
All wealth rightly belongs to the government and government officials anyway.
Another reason to buy guns, ammo and gold and bury them in a treasure chest.
[it will send transactions overseas.]
Ya think? We’re trying to get our money out right now.
Tax-free internet transactions will not last long.
Transferring money from the productive sector to the destructive/government sector. Insanity.
So who collects, manages and distributes a global tax?
One-world government is the ultimate goal of the statists, communists and Marxists who infest the U.S, and other countries, throughout the world.
Why not put a heavy tax on privately held Vineyards and hotels? Oh wait, Pelosi owns some of those. Can’t do that I guess.
I’m waiting for them to tax the oxygen we breathe.
Someday there’s going to be a revolution and all these people are going to be swept away. I don’t have any idea when it’s coming, but it surely will.
Unless the money is going to Mexico.
They are going to be deposited into the dustbin of history. :-)
SO THE TAXING OF OUR RETIREMENT ACCOUNTS BEGINS!!
I have been predicting (along with many others) that the accumulated wealth of Americans in our 401Ks and IRAs would be too juicy a fruit for the THIEVES in WASHINGTON not to steal.
Is anyone here shocked by any of this?
The New World Order is being built!
You and I are slaves to the political elitists and global handlers.
Now what? Voting has it’s possibilities. The election is one year away, way too long to wait IMHO.
In the mean time, every one of these power brokers have you and I by the balls. Do we shoot off their hands and loose our manhood, or do we remove them by other means?
There is very little time left to save our futures. It is obvious that the citizens of The United States are no longer represented by the traitors in office.
On the other hand, maybe Revelations is at hand. We may still have a choice or it just may be out of our hands.
I just don’t think that I can take this laying down.
Sadly you’re 100% correct.
“Pelosi Endorses Global Tax”
Could have stopped there.
I’m not burying my guns and ammo in anything. If things get that bad it is time to use them, not bury them.
We were warned...
The ONLY thing the usurper Obama did as a senator other than vote present and get all of his opponents off the ballot in Chicago to win.The MSM never reported on this.
Obamas Global Tax Proposal Up for Senate Vote
http://www.aim.org/aim-column/obamas-global-tax-proposal-up-for-senate-vote/
Of course, those higher-ups will be exempt.
Bury them? Hell no! You put a spotlight on ‘em and shoot the SOB’s who come to steal them.
Check local laws though, baiting may be illegal in some areas...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.