fogtender
Now a Published Author
Don't know if this is fact or Internet crap yet, but it has a ring to it that pisses me off just the same. Anyone know of it?
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Subject: *1% tax on all bank transactions HR4646
Watch for this AFTER November elections; remember*this BEFORE you VOTE in case you think Obama's*looking out for your best interest.
1% tax on all bank transactions HR 4646 – ANOTHER*NEW OBAMA TAX SLIPPED IN WHILE WE WERE ASLEEP.**** Checked this on Snopes; it's true! Check out HR4646.* (See below copied from Snopes).
President Obama's finance team is recommending a*one percent (1%) transaction fee (TAX). Obama's*plan is to sneak it in after the November elections to keep it under the radar.
This is a 1% tax on all transactions at any*financial institution - banks, credit unions,*savings and loans, etc. Any deposit you make, or*even a transfer within your account, will have a*1% tax charged..*
If your paycheck or your social security or*whatever is direct deposit, it will get a 1% tax*charged for the transaction.* ~If your paycheck is $1000, then you will pay*Obama $10 just for the privilege of depositing*your paycheck in your bank. Even if you hand carry*your paycheck or any check into your bank for a*deposit, 1% tax will be charged.
*
You receive a $5,000 stock dividend from your*broker, Obama takes $50 just to allow you to
deposit that check in the bank.
*
If you take $1,000 cash to deposit at your bank,*1% tax will be charged.
Mind you, this is from the man who promised that,*if you make under $250,000 per year, you will not*see one penny of new tax. Keep your eyes and ears*open, you will be amazed at what you learn about*this guy's under-the-table moves to increase the*number of ways you are taxed.
Oh, and by the way, you receive a refund from*the IRS next year and you have it direct
deposited or you walk in to deposit that check,*you guessed it. You will pay a 1% charge of that
money just for putting it in your bank. Remember,*any money, cash, check or whatever, no matter*where it came from, you will pay a 1% fee if you*put it in the bank.
Some will say, oh well, it's just 1%. Are you*kidding me? It's a 1% tax increase across the
board. Remember, once the tax is there, they can*also raise it at will. And if anyone protests, they will just say, "oh,*that's not*really a tax, it's a user fee"! Think this is no*big deal? Go back and look at the transactions you*made from last year's banking statements. Then add*the total of all those transactions and deduct 1%.* Still think it's no big deal???
This government just cannot think of enough ways*to hurt the American people! This Bill must die. FORWARD THIS TO EVERYONE YOU KNOW!
1. snopes.com: Debt Free America Act ⤢⤢⤢** Is the U.S. government proposing a 1% tax on debit card usage and/or*banking transactions?
*** ....It is true. The bill is HR-4646 introduced by US Rep Peter*deFazio D-Oregon and US Senator Tom Harkin D-Iowa. Their plan is*to sneak it in after the...
*** .....moved beyond proposing studies and submitted the Debt Free*America Act (H.R. 4646) , a bill calling for the implementation of*a scheme to pay down the...
*** ....[2010] by Rep. Chaka Fattah (D-Pa.). His "Debt Free America*Act" (H.R. 4646) would impose a 1 percent "transaction tax" on*every financial transaction...
* Tue, 12 Oct 2010 11:26:37 GMT*http://www.snopes.com/politics/taxes/debtfree.asp
****************************+
Subject: *1% tax on all bank transactions HR4646
Watch for this AFTER November elections; remember*this BEFORE you VOTE in case you think Obama's*looking out for your best interest.
1% tax on all bank transactions HR 4646 – ANOTHER*NEW OBAMA TAX SLIPPED IN WHILE WE WERE ASLEEP.**** Checked this on Snopes; it's true! Check out HR4646.* (See below copied from Snopes).
President Obama's finance team is recommending a*one percent (1%) transaction fee (TAX). Obama's*plan is to sneak it in after the November elections to keep it under the radar.
This is a 1% tax on all transactions at any*financial institution - banks, credit unions,*savings and loans, etc. Any deposit you make, or*even a transfer within your account, will have a*1% tax charged..*
If your paycheck or your social security or*whatever is direct deposit, it will get a 1% tax*charged for the transaction.* ~If your paycheck is $1000, then you will pay*Obama $10 just for the privilege of depositing*your paycheck in your bank. Even if you hand carry*your paycheck or any check into your bank for a*deposit, 1% tax will be charged.
*
You receive a $5,000 stock dividend from your*broker, Obama takes $50 just to allow you to
deposit that check in the bank.
*
If you take $1,000 cash to deposit at your bank,*1% tax will be charged.
Mind you, this is from the man who promised that,*if you make under $250,000 per year, you will not*see one penny of new tax. Keep your eyes and ears*open, you will be amazed at what you learn about*this guy's under-the-table moves to increase the*number of ways you are taxed.
Oh, and by the way, you receive a refund from*the IRS next year and you have it direct
deposited or you walk in to deposit that check,*you guessed it. You will pay a 1% charge of that
money just for putting it in your bank. Remember,*any money, cash, check or whatever, no matter*where it came from, you will pay a 1% fee if you*put it in the bank.
Some will say, oh well, it's just 1%. Are you*kidding me? It's a 1% tax increase across the
board. Remember, once the tax is there, they can*also raise it at will. And if anyone protests, they will just say, "oh,*that's not*really a tax, it's a user fee"! Think this is no*big deal? Go back and look at the transactions you*made from last year's banking statements. Then add*the total of all those transactions and deduct 1%.* Still think it's no big deal???
This government just cannot think of enough ways*to hurt the American people! This Bill must die. FORWARD THIS TO EVERYONE YOU KNOW!
1. snopes.com: Debt Free America Act ⤢⤢⤢** Is the U.S. government proposing a 1% tax on debit card usage and/or*banking transactions?
*** ....It is true. The bill is HR-4646 introduced by US Rep Peter*deFazio D-Oregon and US Senator Tom Harkin D-Iowa. Their plan is*to sneak it in after the...
*** .....moved beyond proposing studies and submitted the Debt Free*America Act (H.R. 4646) , a bill calling for the implementation of*a scheme to pay down the...
*** ....[2010] by Rep. Chaka Fattah (D-Pa.). His "Debt Free America*Act" (H.R. 4646) would impose a 1 percent "transaction tax" on*every financial transaction...
* Tue, 12 Oct 2010 11:26:37 GMT*http://www.snopes.com/politics/taxes/debtfree.asp
