Thread: more taxes

Didn't we once fight a war against tyrants under the battle mantra of "taxation without representation?"

Subject: Fw: Fwd: Obama at it again-TAX

Have you heard anything about this?


1% taxon all bank transactions HR 4646


ANOTHER NEW OBAMA TAXSLIPPED IN WHILE WE WERE ASLEEP

Checked this on snopes, it's true!
Check out HR 4646

A one percent transaction fee (TAX), proposed by President Obama's finance team, is recommending a transaction tax. His 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 pay check 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 ten bucks just for the privilege of depositing your pay check in your bank. Even if you hand carry your paycheck or any check in to your bank for a deposit, 1% tax will be charged. You receive a $5,000 stock dividend from your broker, Obama takes 50 bucks just to allow you to deposit that check in the bank. If you take $1,000 cash in 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 guys 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 else 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 from last years banking statements.

When you add the total of all the transactions you did last year, then deduct 1%. Still think it's no big deal???


http://www.standard.net/node/44797
www.statehouse.org
The text of the proposed bill can be found at:

http://statehouse.org/?p=61


this is a big deal. we can't get bo out of the wh soon enough. shady back room deals. trying to sneak it in so we don't know it's happening. how sweet!

Why haven't we heard of this bill? This affects every person in the U.S. It isn't just banking transactions, it's every type of purchase, whether for hard goods or services.

I suggest everyone read the section regarding the Treasury deciding or not to do away with the write-offs for interest on house payments. Those of you with children need to pay special attention to that section of this bill, even families that qualify for Earned Income Credit can be affected.

As another aside, the bill states all personnel working for the IRS will be "grandfathered" into the department created for the "Debt Free America" process. Also interesting is that the "Task Force" created to be the decision makers are in for life, no exceptions.

This is unreal!

Obama is turning out to be a disaster of epic proportions.