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**MUST READ** HR-4646 1% Bank Trans. Tax


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Grandma forwarded this to me, and it needs to be seen by ALL Americans! A proposed 1% tax on every single transaction you make at your bank or credit union. "Its only one percent" some people will say. Then think of this, Uncle Sam wants 10 bucks for every thousand you withdraw, deposit, or borrow. FUCK THAT!!! Read below:

1% tax on all bank transactions

Watch for this AFTER November elections; remember this BEFORE you VOTE ... in case you think our government is 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!This Bill must die FORWARD THIS TO EVERYONE YOU KNOW!!

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. (see below copied from Snopes)

The governments finance team is recommending a one percent (1%) transaction fee (TAX). The 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, the Government 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 a promise 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 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???

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.

Debt Free America Act (H.R. 4646) , a bill calling for the implementation of a scheme to pay down the 2010 debt 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...

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This bill never became law. This bill was proposed in a previous session of Congress. Sessions of Congress last two years, and at the end of each session all proposed bills and resolutions that haven't passed are cleared from the books. Members often reintroduce bills that did not come up for debate under a new number in the next session.

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This bill never became law. This bill was proposed in a previous session of Congress. Sessions of Congress last two years, and at the end of each session all proposed bills and resolutions that haven't passed are cleared from the books. Members often reintroduce bills that did not come up for debate under a new number in the next session.

The real problem is it keeps coming up. Not that is was suggested, on paper it looks damn good, but won't work for the people that actually drive the economy.

Next time she tries to punch you in the stomach, whip your wiener out and chase her around. Show her who's boss.

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I thought I heard about this a few years ago. It would never work. We are closer now to a revolution than we have been in a looooong time. The people would (and should) overthrow them if this gets passed.

The govt should tax us when we purchase goods, or when money changes hands for whatever reason. I understand this, I don't like it, but I understand it. Taxing us on money that is already ours? That is a punishable offense in my book.

Edit:

Well said Boilermaker.

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