HARD TO BELIEVE IT'S TRUE, BUT SNOPES THINKS IT IS...VERY SCARY!

By
Real Estate Agent with Dunnigan, Realtors, Sacramento (916) 425-9715 CalBRE # 01188158

 

Please pass this on to everyone!!!!!!!!!

47 of my addresses received this - that means if everyone just sent it out to 10 people in 8 mailings you would have 470,000,000 people in the united states with this knowledge.  Do it before they shut down the internet.  Ps. I know, I know the United States doesn't have 470 million people.

 

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


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)

                        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 on e 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???






      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

 

Okay gang, I have learned more...and there is more to it:

This bill seeks to eliminate the national debt and repealing the individual income tax and adding a new 1% tax on all financial transactions, including all consumer transactions like uses of cash, check and debit. It would also repeal refundable and nonrefundable personal tax credits and the alternative minimum tax (AMT). This bill has not attracted any co-sponsors, moved in the legislative process, or gotten any attention from congressional leaders. There is virtually zero chance of it moving in Congress. For more information, see this OpenCongress blog post: Vast Majority of Bills Go Nowhere (Debt Free America Edition).

So, there you go!

 

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Ambassador
856,551
Suzanne McLaughlin
Sabinske & Associates, Inc. (Albertville, St. Michael) - Saint Michael, MN
Sabinske & Associates, Realtor

Insanity.  You believe too many of those internet emails.  First of all, Obama doesn't introduce bills and second, oh, never mind.

Jul 25, 2011 08:32 PM #1
Ambassador
1,344,362
Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Selling Daytona paradise for heavenly good prices

Paula - the only thing that surprises me is that you sound surprised. There are so many of these surprises coming our way

Jul 25, 2011 08:34 PM #2
Rainmaker
475,785
Andrea Bedard
Thompson Company, REALTORS - Silver Spring, MD
M.A.; REALTOR Silver Spring, MD and beyond

This just makes me nauseous. .. and because banks would have to "work" extra to account for the tax, 1% becomes 1% plus $1 fee.

Jul 25, 2011 08:47 PM #3
Rainmaker
248,083
Paula Swayne
Dunnigan, Realtors, Sacramento (916) 425-9715 - Sacramento, CA
Realtor-Land Park, East Sac & Curtis Park -Dunniga

Hi Suzanne! I am incredulous and when it comes to things like this, I am skeptical.  Had not Snopes said it was true, I wouldn't have even passed it on.  Also, I am so not politically vocal, I hesitated passing this on...it is the first time I have done so.  Let's hope you are right and Snopes is wrong...nothing would be better!

Hi Jon!
I am surprised...and am still hoping this is wrong!

Hi Andrea!
Now that would not surprise me!

Jul 25, 2011 08:58 PM #4
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Rainmaker
248,083

Paula Swayne

Realtor-Land Park, East Sac & Curtis Park -Dunniga
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