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All that stuff that the grandparents forward….

Direct Deposit for SS Checks – HR 4646

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Debt Free American Act of 2011

ON JANUARY 1 ST 2012, THE GOVERNMENT IS REQUIRING EVERYONE TO HAVE DIRECT
DEPOSIT FOR SS 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 HR 4646

This government just cannot think of enough ways to hurt the American
people! I sure hope this dies!!!!!

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. 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 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 user fee"! Think this is no big deal? Go back and
look at the transactions you made on one year’s banking statements. Then add
the total of all those transactions and deduct 1%. Still think it’s no big
deal?

" A government big enough to give you everything you want is also big enough
to take away everything you have." – Barry Goldwater

= . 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…

Thu, 01 Sep 2011 11:26:08 GMT http://www.snopes.com/politics/taxes/debtfree
asp

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