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Mega-rich Pelosi objected to ‘billionaire
tax’ in $1.75T spending bill

Original Article

Posted By: Imright, 11/11/2021 5:21:18 PM

House Speaker Nancy Pelosi took issue late last month with plans by fellow Democrats to levy a tax on unrealized capital gains to help pay for President Biden’s massive $1.75 trillion social spending bill — reportedly describing it as a publicity stunt.A senior Democratic aide told The Post that Pelosi’s reservations, which were first reported by the Washington Post, were due to the fact that Senate Finance Committee Chair Ron Wyden (D-Ore.) had not finalized legislation for the billionaire tax by the time the White House was to submit an updated framework for the social spending plan.

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Reply 1 - Posted by: Come And Take It 11/11/2021 5:28:47 PM (No. 974691)
Can't take it with you, slag. The grim reaper doesn't accept cash, and neither do the denizens of Hell, where you will soon find yourself.
13 people like this.

Reply 2 - Posted by: marbles 11/11/2021 5:28:56 PM (No. 974693)
SHE objected ? Only because it would cost her though she has plenty of money to pay whatever the tax bill would be. Meanwhile millions of everyday Americans would be forced out of their homes and would go bankrupt in order to pay a tax on money they don't have. She , UGH.
10 people like this.

Reply 3 - Posted by: john56 11/11/2021 5:29:11 PM (No. 974694)
The woman may be evil, but she's not stupid. Although as often as she's been rolled by the gals on the Squad, I'm starting to question that.
8 people like this.

Reply 4 - Posted by: Dodge Boy 11/11/2021 5:31:44 PM (No. 974696)
Ms Uneven Eyelids has a problem with a tax on unrealized capital gains? Why would that be, Nanie?
7 people like this.

Reply 5 - Posted by: Starboard_side 11/11/2021 6:16:33 PM (No. 974738)
The folks who write the massive checks don't like paying any more than they have to, and already feel they are entitled to greater access to influence policy simply because they already pay so much. But, if you want to have them pay more simply remove the cap for paying social security tax which will help fund social security, but then also cap the amount where you can collect too (LeBron James and Warren Buffett or Bill Gates do NOT need to collect social security). It then allows government to re-allocate funds to other programs, and it won't increase taxes on anyone making less than $130,000 (I think that's the current cap on SSI deductions).
2 people like this.

Reply 6 - Posted by: paral04 11/11/2021 7:32:38 PM (No. 974796)
Oh, so if she doesn't want to pay for the bill why should peasants like me? O will this caper make the middle class citizens pick up the tab one more time.
2 people like this.

Reply 7 - Posted by: cor-vet 11/11/2021 7:41:33 PM (No. 974810)
Members of congress, who are so adept at spending other people's money, abhor spending their own ill gotten gains.
2 people like this.

Reply 8 - Posted by: Trigger2 11/12/2021 4:03:40 AM (No. 975062)
Of course Piglousi objected. It's because she would have to pay the higher taxes. The DNC is the party of the rich after all.
1 person likes this.

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