ON JANUARY 1ST 2012, THE GOVERNMENT IS REQUIRING EVERYONE TO HAVE DIRECT DEPOSIT OF SOCIAL SECURITY CHECKS.
WONDER WHY?
1% tax on all bank transactions HR4646.
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 HR4646.
This government just cannot think of enough ways to hurt the American people! I sure hope this dies!!!!!
1% tax on all bank transactions HR4646- ANOTHER NEW OBAMA TAX SLIPPED IN WHILE WE WERE ASLEEP. Checked this on snopes, it's true! Check out HR4646.
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 in under the radar.
This is a 1% tax on all transactions at any financial institution- banks, credit unions, savings and loans, ect. 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 direct deposit, it will get a 1% tax charged for the transactions. If your paycheck is $1000.00, then you will pay Obama $10.00 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 deposit, 1% tax will be charged. You receive a $5000.00 stock dividend from your broker, Obama takes $50.00 just to allow you to deposit that check in the bank. If you take $1000.00 cash to deposit at your bank, 1% will be charged.
Mind you, this is from the man who promised that, if you make under $250,000.00 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, if 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 users fee" ! Think this is no big deal? Go back and look at the transactions you made from on year's banking statements. Then add the total of all those transactions and deduct 1%. Still think it's no big deal?
