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Interview About The Stock Market, Taxes, The Rich, and Immigrants-Fiction!
Summary of the eRumor: Said to be an interview with
U.S. Representative Nancy Pelosi. It first circulated before she
was elected Speaker of the House of Representatives and, among other
things, says that she wants to enact a 100% tax on
" windfall profits and income created by the
The Truth: This interview never took
place. This email was fabricated and circulated prior to the
November, 2006 elections. We have not been able to find a source
A real example of the eRumor as it has
appeared on the Internet:
DO NOTHING ELSE...READ THE LAST PARAGRAPH!!
Insanity Personified : Nancy Pelosi
Nancy Pelosi condemned the new record highs of the stock market
example of Bush policies helping the rich get richer".
cut taxes for the rich and the economy has rebounded with new
record low unemployment rates, which only means wealthy
getting even wealthier at the expense of the underpaid working
She went on to say "Despite the billions of dollars being
Iraqour economy is still strong and government tax revenues are at
highs. What this really means is that business is exploiting the
effort and working Americans, just to put money in their own
When questioned about recent stock market highs she responded
from these record highs. Working Americans, welfare recipients,
and minorities are not sharing in these obscene record
"There is no question these windfall profits and income
created by theBush administration
need to be taxed at 100% rate and those dollars
the poor and working class". "Profits from the stock
market do not
reward the hard work of our working class who, by their hard
responsible for generating these corporate profits that create
for the rich We in congress will need to address this issue to
either tax these profits or to control the stock market to
unearned income to flow to the rich."
When asked about the fact that over 80% of all Americans have
investments in mutual funds, retirement funds, 401K's, and the
market she replied "That may be true, but probably only 5%
90% of all these investment dollars. That's just more
economics claiming that if a corporation is successful that
from the CEO to the floor sweeper benefit from higher wages and
security which is ridiculous" "How much of this
'trickle down' ever get
to the unemployed and minorities in our
None, and that's the tragedy of
these stock market highs."
"We democrats are going to address this issue after the
we take control of the congress. We will return to the 60% to
rates on the rich and we will be able to take at least 30% of
current lower Federal Income Tax tax payers off the roles and
government income substantially. We need to work toward the goal
equalizing income in our country and at the same time limiting
amount the rich can invest."
When asked how these new tax dollars would be spent, she replied
raise the standard of living of our poor, unemployed and
For example, we have an estimated 12 million illegal immigrants
country who need our help along with millions of unemployed
market windfall profits taxes could go a long ways to guarantee
the standard of living they would like to have as
Send it on to your
intelligent friends. I just did!!
is an insult to the people she supposedly represents!
2 For 1
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