Democrat Congresswoman Nancy Pelosi was heckled at a town hall get together in Phoenix, Arizona, while criticizing the benefits of Trump’s tax reform.
Pelosi was visibly startled at a question regarding her net worth by an audience member, who did not appreciate hearing a ‘wealth inequality speech’ from a multimillionaire politician.
Zerohedge reports that Pelosi embarked on a 100-city taxpayer funded junket organized by Democrats to frame the Republican tax cuts as an assault on low income Americans.
“It can’t possibly be a statement of values for us to talk about, as Martin Luther King said, … ‘God never intended for one group of people to live in superfluous inordinate wealth while others live in abject deadly poverty,’” Pelosi pontificated, hypocritically.
“So these are kitchen table issues for most of America’s families. Most people are not in deadly poverty, but some are. But most people have to struggle to …”
That’s when an audience member asked the richest woman in Congress…
“How much are you worth, Nancy?”
Pelosi stumbled in her reply…
“No, we’re not talking about that … In any event … I can out … I’m a mother of five, I can speak louder than anybody.”
Of note, the 77-year-old Pelosi is estimated to have a net worth of $100,643,521 according to OpenSecrets.org, making her the 6th richest member of the House in 2015. We wonder if Pelosi’s San Francisco pizza parlor is included in the calculation?
Pelosi, of course, wants to pay as little tax as possible
And here we arrive at the heart of why wealthy ivory-tower Democrats are the penultimate hypocrites. While spending her career espousing higher taxes for the rest of us and denouncing income inequality, Pelosi has engaged in a series of complex tax schemes to avoid paying as much tax as possible.
The Washington Free Beacon reports…
House Minority Leader Nancy Pelosi (D., Calif.), who often rails against income inequality and calls on the wealthy to pay its “fair share” in taxes, took pains in late December to try to preserve tax breaks for two of her multi-million-dollar homes one last time before the new tax law kicked in.
Largely thanks to her husband Paul, a real-estate and venture-capital investor, Pelosi is the wealthiest woman in Congress with a net worth of more than $100 million and the seventh wealthiest member overall, according to the Center for Responsive Politics.
Just days after President Trump signed the sweeping tax bill into law late last month, Pelosi and her husband tried to preserve $64,000 in property tax breaks, known as the state and local taxes (SALT) deductions, for her two California homes. The new tax law limits the deduction to $10,000 and went into effect Jan. 1.