New tax bill

[SlvrdirectMember]

 

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 it out yourself ~ 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 own bank from one account to another, 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 in to 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

[SumkidMember]

Wow! This is getting ridiculous in USA. What’s next? Fees on taxes because of the delivery of the taxes and also because it took time for the government to get that amount. That’s one more reason why you should avoid bank transactions and use cash. But, I have a feeling that the government is going to ban and remove cash from circulation so that we are forced to use the bank transactions and pay the taxes.

[MaryBMember]

Tax on breathing is next. This is getting ridiculous and will hurt the poor and elderly the worst.

[Author]

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