YOU HAD BETTER WATCH THIS GUY AND CONGRESS, THEY ARE GOING TO HURT US SOME MORE AND THIS ONE WILL HAVE A MAJOR IMPACT THOUGH IT DOES NOT SOUND LIKE MUCH. GET THESE GUYS OUT OF OFFICE!!
1% tax on all bank transactions
Heard about this one? These people are unbelievable. Watch for phrases like "share the wealth" and "for all to share in the prosperity"
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. Check these two links and google transaction tax.
http://www.standard.net/node/44797
http://www.cnsnews.com/news/article/58099
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
9 comments:
How low is Communist Scumbag gonna get. A tax on bank transactions are you kidding me ... Obama needs to go and so do all his Liberal cronies i am not going to pay a tax on money that is already taxed before i get it. Obama is not gonna be happy til the people Revolt and take the Federal Government down and start over. And id be the first in line to do so
Seriously? Man AUS is looking better and better. God, I sound like my G-mom, but seriously folks?!?!?
People, this is what happens when you don't watch those idots in DC - Our turn out at the polls around here is just terrible, and this is not a time to blow it off! Remember, these jerks work for US, not the other way around!
So when I deposit my pay, I lose 1%. And when I spend it, I lose 1%. I assume my employer would also face the same problem? Ouch!
So if you have your check direct deposited they charge you 1%. If you have it set up to transfer so much a week into your savings..... that is another 1% on the same money. If you take that money out another 1%. If you take out 500 dollars and only use 200 and want to put it back in..... that's another 1%. How can they legally keep taxing the SAME money over and over again? Will they also charge another 1% for each time you write out a check or use your debit card?
Cory there's be many of us standing right beside you.
Not a very well thought out plan. This will cause a rush on banks of people cleaning out their accounts, which will bring down financial institutions. We will then go back to a cash society, which the government can not track.
1:25 - I totally agree with your statement "how can they keep taxing the same money over again", this is why I will NEVER move back to Maryland because Maryland has been doing this for YEARS!
Just think this is coming from "Lawyers", since that is what majority of the Politians profession they left. I cannot believe I keep hearing how Obama is the most intelligent Pres. the US has had. His legecy will be the best Con-Artist and Jokester in the world.
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