Many of you Snopes folks will want to run this past your favorite lefty fact checker.
One percent transaction tax is being 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% are you kidding me it's a 1% tax increase across
the board... remember once the tax is there they can raise it at will.