Is There No End to the Greed?

[bluebell]

1% tax on all bank transactions -- HR4646

Watch for this AFTER November, 2012 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

This government just cannot think of enough ways to hurt the American people! I sure hope this dies!!!!!

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 HR 4646.

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,if 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?

[rnldtippitt]

http://www.defazio.house.gov/index.php?option=com_content&view=article&id=642&Itemid=129

http://www.google.com/m/url?client=ms-android-sprint-us&ei=Izc0TrDkA6eWrAO43JDMAw&gl=us&hl=en&q=http://www.petition2congress.com/3548/hr-4646/&source=android-browser-type&ved=0CC8QFjAHOAo&usg=AFQjCNEHLf3jRMOL4bnsBhIwvWQ7QCJMiQ

A This is old legislature with no backers

B. The link to the petition is just in case someone even tries to look at it, they should know just how web feel

[Francie26]

For Obama and his cronies, there is absolutely no end to the greed. I can't prove this, but I would bet they hire people and pay them with our tax nickle just to sit around and brainstorm other ways to tax us. This is one of their better ideas.

[bluebell]

Rnldtippitt, it may seem like old news but remember that this has been shoved "to the back burner" until after the election of 2012, for obvious reasons. People need to know about it and remember it so they can watch for it before hand so that it doesn't "slide through" after the elections. It's bad enough the banks take whatever they can in their monthly maintainence fees, under limit fees, overlimit fees, and just cause we feel like it fees - if this 1% tax bill goes through, we'll be lucky if we have anything left after all their thievery! Being forewarned is being forearmed!

Peace,

Bluebell

[eddiemac]

1% tax on all bank transactions -- HR4646

Watch for this AFTER November, 2012 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

This government just cannot think of enough ways to hurt the American people! I sure hope this dies!!!!!

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 HR 4646.

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,if 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?

WTF? This is flat out B.S, just blows me away.............. Thanks for the post

[Medina]

Rep. Chaka Fattah introduced H.R. 4646 last year; it had no co-sponsors. The bill was reintroduced in March 2011 and is now known as H.R. 1125. Go to the government site and read the actual bill before having a meltdown. It appears to be meant to replace our current income tax system.. Will it? I sure don't know, but I'm not in love with our current income tax system either. Here's the link -- http://fattah.house.gov/index.cfm?sectionid=171&sectiontree=4,52 .

If it doesn't work, just go to www.house.gov and type H.R. 1125 into the Search box.