Introducing HR4646 - You might want to be sitting when you read this

I didn't read the bill. Does the government have access to your personal account (either directly or by default of proposed legislation), or are they merely asking the 1% FOR EACH TRANSACTION from the banks (where it is the banks responsibility to pony up - course it will be done electronically and matter of factly).....

btw, each transaction adds up quickly.

Sick.

No matter how you slice it, it is utter bullshit for legislators to make false claims that somehow they are NOW intent on paying down the national debt (when everything they do is to promote the growth of govenment and the expenses keep adding up). The govt. is just looking for more ways to rape us and sell us on the con-game.

I say PIN for further review.....

Likely the income tax will continue and there will continue to be more and more hidden taxes and surcharges etc in all business and commerce paid directly to these ass-hats....

And add this:

Repeals after 2017 the individual income tax, refundable and nonrefundable personal tax credits, and the alternative minimum tax (AMT) on individuals. Directs the Secretary of the Treasury to: (1) prioritize the repayment of the national debt to protect the fiscal stability of the United States...

So until 2017 you will have to pay the IRS your usual amount of personal income tax (which is going to skyrocket in January due to the phasing out of numerous tax credits and then shortly later because of ObamaCare) AND the 1% x X transaction tax.

So, it does not end the IRS (god forbid) but it promises to end personal income taxes in 2018 (and tax credits for individuals).

Of course the reason they want to wait until 2017 is to rape the American people for an additional 4.1 trillion dollars in 1% transactions fees (supposedly to "Balance the budget and end the Federal Deficit").

This is great on paper, but when you consider the deficit is already at nearly 13 trillion (not counting future debts approaching 100+ trillion dollars) they are pissing in the wind...

If they don't stop spending money at the Federal Level and don't stop printing worthless money at the Federal Reserve Level, then the whole system is going to collapse any way, no doubt in late 2017

Thes bastards continue to use the extortion money to tie a noose around our necks and further the monopoly of the wealthy elite via the usurpation of said governments to do their bidding with nothing short of the COLOR OF LAW!!

To hell with them all!!!

after 2017 could be 2059!!!!

just sayin'.

PIN for morning crew dammit!! I gotta go.

Sounds like more government control. I am against
it completely.

They are going to phase out the Fed too.


Oh damn thats a good one. I can hardly breath for laughing.

Here's another zero 0

Congressman Fattah has been trying to introduce legislation like this for the last 5 or 6 years. His bill has absolutely no supporters, and its' passing has about as much chance as a snowball in hell.

Just like that congressman who sponsors a draft bill every year for everyone under 45 or some such nonsense and gets shot down every year too.

lol i noticed this too. but i got the point. thanx for pointing it out

they should, i hope they do, people need to know about this. its theft, plain and simple

what are u waiting for?

So,

1% tax on all retail and wholesale transactions regardless of cash, credit, or stock.

And this is going to repay a national debt that will never be repaid? To a private bank?

Think the masters will ever let such obedient slaves go?

what sheep

First of all, getting rid of income tax would be nice, though the FairTax is a better choice IMHO. Second, this has no 1% deal has no legs...

[link to factcheck.org]

Sorry, last sentence should read: This 1% deal has no legs

[link to factcheck.org]

I was going to fly the Bullshit flag on you, then i read the bill. You are correct there will will be a transaction fee, we are in trouble.

DOn't know if it's been mentioned but will anyways....not only are they going to do this...but also obama and his admin have been considering getting rid of the mortage tax right off as well as child deductions.....don't believe it? look it up...it was all of over the news last week....

yep

ECHO.......


ECHO.......

we're doing it already for Israel, why not the USA ?
:kosher_tax:

does not.. let's see a link..

still no link?

So.. that would mean the rich people pay a lot more.. Not that shabby in that respect, but still kinda meh

If this ever passes I will be leaving the country. I will not be screwed over like this and will not put up with it.

There are plenty of places other then the U.S. to live on this planet. There are plenty of freedom minded destinations in the Carib.

Its theft!! but if you leave, you'll miss the revolution!

time to stop these fools!

Time to pay for our little pipeline police actions