Update: 1% TAX ON BANK TRANSACTIONS
That’s one percent IN and one percent OUT
Subject: 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!
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
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, 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 from last year’s banking statements. Then add
the total of all those transactions and deduct 1%. Still think it’s no big