[nfbwatlk] Fw: 1% Tax on Bank Transactions...Please Read

Mike Freeman k7uij at panix.com
Wed Oct 30 18:25:48 UTC 2013

Julie and everyone else:

Such posts as the below are explicitly against our list rules. Regardless of
your politics, before you pass on such drivel, check it out with
http://www.snopes.com, http://www.truthorfiction.com,
http://www.urbanlegends.com or other similar fact-checking website. Even
then, this post has zilch to do with blindness.

The story is absolutely false. Check out:


Thank you for your cooperation in this matter.

Mike Freeman, List Moderator/administrator

-----Original Message-----
From: nfbwatlk [mailto:nfbwatlk-bounces at nfbnet.org] On Behalf Of Julie
Sent: Wednesday, October 30, 2013 10:54 AM
To: NFB of Washington Talk Mailing List
Subject: [nfbwatlk] Fw: 1% Tax on Bank Transactions...Please Read

----- Original Message ----- 
From: Julie Warrington 
To: jdwtlc at frontier.com 
Sent: Wednesday, October 30, 2013 10:49 AM
Subject: FW: 1% Tax on Bank Transactions...Please Read



From: Glenn Williams 
Sent: Wednesday, October 30, 2013 10:39 AM
To: Chris Warrington
Cc: Russ Warrington; Julie Warrington
Subject: FW: 1% Tax on Bank Transactions...Please Read









      Subject: Fw: Fwd: 1% Tax on Bank Transactions...Please Read





      Subject: HR 4646

      Be sure to read entire explanation

      Watch for this AFTER November elections; remember this BEFORE you
VOTE, in case you think Obama is looking out for your best interest. 

      A 1% tax on all bank transactions is what HR 4646 calls for. 

      Do you receive a paycheck, or a retirement check from Social Security
or a pension fund and have it direct deposit?? 

      Well guess what ... It looks as if the Obama administration wants to
tax it 1% !!! 

      This bill was put forth by Rep. Chaka Fattah (D-PA).

      YES, that is 1% tax on all bank transactions - HR 4646, every time it
goes in and every time money goes out.

      Ask your congressperson to vote NO.


      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 it
out yourself ~ HR 4646.

      President Obama's finance team is recommending a one percent (1%)
transaction fee (TAX). His 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 own bank from one account to another, 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 the government $10 just
for the privilege of depositing your paycheck in your bank. Even if you hand
carry your paycheck or any check in to your bank for a deposit, 1% tax will
be charged.

      You receive a $5,000 stock dividend from your broker, the government
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, 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 from last year's banking statements. Then add the total of all those
transactions and deduct 1%. Still think it's no big deal? 

      The following is copied from  Snopes: 

      1.  snopes.com <http://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-4646introduced 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
      Wed, 02  Nov 201111:27:37








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