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"There is unmistakable evidence that Saddam Hussein is working aggressively to develop nuclear weapons and will likely have nuclear weapons within the next five years. And that may happen sooner if he can obtain access to enriched uranium from foreign sources -- something that is not that difficult in the current world. We also should remember we have always underestimated the progress Saddam has made in development of weapons of mass destruction." -- John Rockefeller, Oct 10, 2002
Yet Another Hillary Entitlement Program
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hillarynews
Joined: 24 Jan 2007
Posts: 2255
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 Posted: Thu Oct 11, 2007 5:00 am Post subject: Yet Another Hillary Entitlement Program |
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 Yet Another Hillary Entitlement Program
Hillary says that she is tossing the idea of a $5,000 baby bonus. Golly, I wonder why that would be? Truth is, she drove that wreck into the electoral parking lot and it dented far too many fenders. So ... when one income redistribution plan fails, just roll in another. See if this one will do better.
Category: Commentary
Hillary says that she is tossing the idea of a $5,000 baby bonus. Golly, I wonder why that would be? Truth is, she drove that wreck into the electoral parking lot and it dented far too many fenders. So ... when one income redistribution plan fails, just roll in another. See if this one will do better. So ... here is Hillary Rodham's latest great idea for a new entitlement program. American Retirement Accounts. Hillary proposes that every citizen have a 401(k)-type retirement account. You can put up to $1,000 annually in the account and the government will match 100% of it (if you make less than $60,000). How will she pay for this? Taxes!! The $20 to $25 billion cost of this entitlement program would be paid for by death taxes levied on estates of more than $7 million per couple. She says that this will help "narrow the gap" between the evil rich and the "unfortunate" people who don't have enough savings for retirement. OK .. rather than going through a long narrative on Hillary's latest tax-and-spend plan, let me just give you some bullet points. For every dollar families earning less than $60,000 a year put into their account the federal government will match that dollar - up to $1000. This will be called a "refundable tax credit."Refundable tax credits are a scam.
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Source: The Hillary Project
Description: reporting the news about Hillary that the media refuses to |
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