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Old 11-04-2010, 10:15 AM   #24
pauldun170
Serious Business
 
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Join Date: Nov 2008
Location: New York
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Quote:
Originally Posted by z06boy View Post
Agreed

Humm...any truth to this...

H. R. 4646 Bill - 1% New Tax On All Bank Transactions


THIS INCLUDES THE DEPOSIT OF OUR SOCIAL SECURITY CHECKS,
WHICH THEY HAVE CUT, NO RAISE FOR 2011, JUST LIKE 2010.
THINK HOW MUCH THIS WILL COST EVERY TIME YOU USE
YOUR DEBIT OR BANK CARD !!!!!!!!!!

Everyone, Democrats, Republicans, Independents,& Tea party members,
all need to read and know what is in this bill. Read on for a short lesson
on what in store for us.

H. R. 4646

I have gone into THOMAS (Library of Congress) and printed out and read
all 15 pages of this bill which has been given the "Short Title"
of "Debt Free America Act."

It is the most socialistic thing I have ever read. Just think, if you deposit
$5,000.00 into your checking account or savings account the bank has to
take out 1% or $50.00 of that money and send it to Washington. Then, any
checks or cash you take out of your bank they will deduct 1% from what
is still in the bank and send it to Washington. Total put in the Bank
$5,000.00 $100.00 of that you give to Washington.

This bill, spells it out that everyone will pay the Government 1% of their
gross income on top of fed tax's

Page 9 states the House and Senate shall convene not later than November
23, 2010 and Page 11 states the vote on passage shall occur not later than
December 23, 2010.

SEND THIS TO EVERYONE YOU KNOW AND EVERYONE NEEDS
TO CONTACT THEIR CONGRESSMAN AND SENATOR AND TELL
THEM TO VOTE NO ON THIS BILL.

If you don't know who your Congressman or Senator is, go to Google, type
in "(your state) Congressman email address". When it comes up, click on
"Complete E-mail address for Congress/House, Senate, Governors and get
both e-mail and FAX info.

The bill is HR-4646 introduced by US Rep Peter DeFazio D-Oregon and
US Senator Tom Harkin D-Iowa,Sponsor:Chaka Fattah D-PA.

It is now in committee and will probably not be brought out until after the Nov.
elections. Suggest that you pass this along and also to your state senator and
representative and US Congressman and Senators.

One percent transaction tax is proposed President Obama's finance team is
recommending a transaction tax. His plan is to sneak it in after the November
election to keep it under the radar. This is a 1% tax on all transactions at any
financial institution i. e. Banks, Credit Unions, etc.. Any deposit you make,
or move around within your account, i. e. transfer to, will have a 1% tax charged.

If your pay check or your social Security or whatever is direct deposit, 1% tax
charged.

If you hand carry a check in to deposit, 1% tax charged,

If you take cash in to deposit, 1% tax charged.

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.

Some will say "aw it's just 1%..." remember once the tax is there they can raise it at will.

Check it out at: http://www.standard.net/node/44797
Introduced by Rep. Chaka Fattah and no co-sponsors (meaning a go nowhere piece of legislation created for political theater)

Debt Free America Act - States as purposes of this Act the raising of sufficient revenue from a fee on transactions to eliminate the national debt within seven years and the phasing out of the individual income tax. Amends the Internal Revenue Code to impose a 1% fee, offset by a corresponding nonrefundable income tax credit, on transactions that use a payment instrument, including any check, cash, credit card, transfer of stock, bonds, or other financial instrument. Defines "transaction" to include retail and wholesale sales, purchases of intermediate goods, and financial and intangible transactions. Establishes in the legislative branch the Bipartisan Task Force for Responsible Fiscal Action to review the fiscal imbalance of the federal government and make recommendations to improve such imbalance. Provides for expedited consideration by Congress of Task Force recommendations. Repeals after 2017 the individual income tax, refundable and nonrefundable personal tax credits, and the alternative minimum tax (AMT) on individuals. Directs the Secretary of the Treasury to: (1) prioritize the repayment of the national debt to protect the fiscal stability of the United States; and (2) study and report to Congress on the implementation of this Act.
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Quote:
Originally Posted by Dave View Post
feed your dogs root beer it will make them grow large and then you can ride them and pet the motorcycle while drinking root beer
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