1% transaction tax?

[dlbleak]

http://tinyurl.com/24dn5ud

It's only 1%!

This is a 1% tax on all transactions to or from any financial institution i.e..
Banks, Credit Unions, Mutual funds, Brokers, etc.

Any deposit you make will have a 1% tax charged.

Any withdrawal you make, 1% tax.

Any transfer within your account, a transfer to or from savings and checking, will have a 1% tax charged.

Any ATM transaction, withdrawal or deposit, 1% tax.

If your pay check or your Social Security is direct deposited, 1% tax.

If you carry a check to your bank to deposit, 1% tax.

If you take cash in to deposit, 1% tax.

If you receive any income from a bond or a dividend from stock, 1% tax.

Any Real Estate Transaction, 1% tax. (This is on top of the 3.8% they just slid in on you) total nearly 5%, commission + tax 11%, some states "Excise Tax is an additional 1+% 12% OR MORE)

Pay for your insurance (health)... 1%

Consider 1% on the buyer of coming in, and 1% on the seller going out 2% of all transactions... unreal. Some areas in California are over 9%, add two more 11%, who are they kidding??? and for What??? for Juan, Pablo and the anchor babies?

When will the pain wake America up to this non-sense. This administration is about YOUR MONEY, and they will take it from you how ever they can.

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! Remember, he is completely honest and trustworthy.

You would think they would do something about the out of control SPENDING, and Entitlements... too much, too out of control. They have to be Stopped!!!

Keep your eyes and ears open.

 

[BadgeBunny]

That woman ... she isn't gonna be happy until your entire paycheck is just direct deposited in the .gov's checking account. The only way anyone will be able to have any money at all is to be on welfare or disability ...

 

[Baron Driver]

I have an idea that might actually reduce the deficit. Offer to triple the salary of every elected politician in DC if they are willing to sit at home for three years and not do any actual "work." Three years with no ridiculous spending bills. I'm sure it would more than offset the cost of the increased salaries (and we'd save a lot of money sending Pelosi to and from the left coast in an Air Force VC-32.)

Just a thought. I've often considered running for Congress on a "status quo" platform. If elected, I will promise to vote no on every bill that is not a tax cut. It's a simple promise, and it's one I can keep. I'll stay one term, and then leave it to someone else.