Off-Topic: 1% Transaction Tax
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Name:   lotowner The author of this post is registered as a member - Email Member
Subject:   1% Transaction Tax
Date:   10/21/2010 6:47:12 AM


This should be a wake up call before the election process starts!!!!!!!

  

IF YOU THINK THIS IS NOT TRUE, GO TO GOOGLE, AND TYPE IN HR4646, AND YOU WILL SEE WHERE IT STANDS.

 H. R. 4646

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.

 

 

 

 

The bill is HR-4646

 

It is now in committee and will probably not be brought out until after the Nov. elections.


One percent transaction tax is proposed

 

This is a 1% tax on all transactions

Other messages in this thread:View Entire Thread
1% Transaction Tax - lotowner - 10/21/2010 6:47:12 AM


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