Findmall.com
 






Lagniappe (Views)


Welcome! Log In Register
avatar
1% tax on all bank transactions [HR4646]]
Posted by: okietriker
Date: August 09, 2011 01:36PM
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, 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???

Sorry, only registered users may post in this forum.

Click here to login