Subject: H. R. 4646 PLEASE DO NOT DELETE
The Politicians are going to ram this through right after the mid-term
elections. Please read the whole article below.
According to Snopes.com, it is true. This is scary stuff .
Subject: H. R. 4646 PLEASE DO NOT DELETE
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. 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.
The bill is HR.-4646 introduced by US Rep Peter DeFazio D-Oregon and US
Senator Tom Harkin D-Iowa. 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.
<http://www.standard.net/node/44797> http://www.standard.net/node/44797
1. snopes.com: Debt Free America Act
<http://www.snopes.com/politics/taxes/debtfree.asp> ...
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, 19 Oct 2010 11:26:49 GMT
http://www.snopes.com/politics/taxes/debtfree.asp