New plans to tax us into oblivion.

[JC5123]

H. R. 4646
I have gone into THOMAS (Library of Congress) and printed out and read all 15 pages of this bill which has been given the "Short Title" of "Debt Free America Act."

 
It is the most socialistic thing I have ever read.  Just think, if you deposit $5,000.00 into your checking account or savings account the bank has to  take out 1% or $50.00 of that money and send it to Washington. Then, any checks or cash you take out of your bank they will deduct 1% from what is still in the bank and send it to Washington.  Total put in the Bank $5,000.00. $100.00 of that you give to Washington.

 
This bill, spells it out that everyone will pay the Government 1% of their gross income.

 
Page 9 states the House and Senate shall convene not later than November 23, 2010 and Page 11 states the vote on passage shall occur not later than December 23, 2010.

 
SEND THIS TO EVERYONE YOU KNOW AND EVERYONE NEEDS TO CONTACT THEIR CONGRESSMAN AND SENATOR AND TELL THEM TO VOTE NO ON THIS BILL.
 
If you don't know who your Congressman or Senator is, go to Google, type in "(your state) Congressman email address".  When it comes up, click on "Complete E-mail address for Congress/House, Senate, Governors and get both e-mail and FAX info.
The bill is HR-4646 introduced by US Rep Peter DeFazio D-Oregon and US Senator Tom Harkin D-Iowa.  It is now in committee and will probably not be brought out until after the Nov. Elections. Suggest that you pass this along and also to your state senator and representative and US Congressman and Senators.                                                         

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. This will ADD UP

http://www.standard.net/node/44797

[r_w]

Fine if it REPLACES the IRS.  Probably the final straw otherwise.

[TAB]

It will never pass.

They know if it does, they will get voted out of office.

There is not a single person that won't piss off.


If it does pass, you can bet alot more people will be working for cash.

[twyacht]

Jan 1, 2011, taxes go up anyway, as the Bush tax cuts expire....Death Tax, Capital Gains, Homestead, Mortgage, Employer, FUTA, SUTA, oh, and this does not include state and local taxes that most of us have already seen increase.

The $250,000 "threshold" touted by BHO, is a farce, scam, and hip waders are required to wade through the B.S.

ALL OUR TAXES ARE GOING UP

[TAB]

250k in gross is easy to do.  Hell I did more then that my 1st year in biz.  I've done more then that in a month.

[Sponsor]

[CJS3]

They've already gone up. The "married filing jointly" deduction on your tax return has already been decreased. You just won't notice it until you file for 2010.

[twyacht]

250k in gross is easy to do.  Hell I did more then that my 1st year in biz.  I've done more then that in a month.

BHO, AND Kalifornia, LOVES YOU, and thanks you for your contributions! Are they giving you your money's worth?

[TAB]

BHO, AND Kalifornia, LOVES YOU, and thanks you for your contributions! Are they giving you your money's worth?

Intrestingly enough, other then things like SS and SDIC, I've not had to pay very much in taxs for the last 5 years.

Maybe 2-3k a year that was not the above mentioned.  Now other "taxs"  that they call fees are another story.

[Pecos Bill]

In reference to this post may I respectfully refer you all to the following URL. Perhaps you will find some interesting information, perhaps not. I did.

Su Amigos, Pecos


http://www.snopes.com/politics/taxes/debtfree.asp

[tombogan03884]

Actually, the Snopes version sounds kind of like one of the "Fair Tax" proposals.