To: RobFromGa
>"Most Americans who have investments in the stock market have it through their IRA or their 401K, so that is tax-free anyway," said House Democratic leader Nancy Pelosi of California.<
That's at least Pelosi's 2nd major lie in a week!
IRAs & 401Ks and not "TAX_FREE", they are tax DEFERRED!
Which means any dividends encompassed in them WILL BE TAXED,
irrespective of this law!
(If someone is inept enough to have Tax Free Muni's in their IRA or 401K, will they pay taxes on the earnings anyway?
YES!)
Pelosi's other big lie was when she claimed that CSX didn't pay ANY income taxes......WRONG!
1999 - $70M
2000 - $90M
2001 - $150M
WHEN WILL THE MEDIA AND THE POLITICIANS CALL HER ON THESE LIES???
72 posted on
01/07/2003 11:50:24 AM PST by
G Larry
To: G Larry
WHEN WILL THE MEDIA AND THE POLITICIANS CALL HER ON THESE LIES??? The Democrats were in power for 40+ years. Their base is still the dysfunctional, the homeless or those stuffed in housing complexes, the uneducated, the diseased.
Who said the Democrats know anything about economics? When are they going to prove it? 40+ years is not long enough?
Wanna live like a democrat? - vote democrat.
Wanna live like a Republican? - vote Republican.
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