Obama: One percent transaction tax is proposed Addendum: H.R.4646 (must read – this is your life!)

President Barack Hussien 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.

November 2010…..VOTE!!!!!

Snopes says its true

See www.snopes.com Search for H.R.4646 for validation…

H. R. 4646

I have gone into THOMAS (Library of Congress) and printed out and read all 15 pages of this bill which has been given the “Short Title” of “Debt Free AmericaAct.”  It is the most socialistic thing I have ever read.  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 toWashington.  Total put in the Bank $5,000.00. $100.00 of that you give toWashington.

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.

SEND THIS TO EVERYONE YOU KNOW AND EVERYONE NEEDS TO CONTACT THEIR CONGRESSMAN AND SENATOR AND TELL THEM TO VOTE NO ON THIS BILL.

If you don’t know who your Congressman or Senator is, go to Google, type in “(your state) Congressman email address”.

When it comes up, click on “Complete E-mail address for Congress/House, Senate, Governors and get both e-mail and

FAX info.

The bill is  HR-4646 introduced by

US Rep Peter DeFazio Dem -Oregon and

US Senator Tom Harkin Dem -Iowa.

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

Suggest that you pass this along and also to your state senator and representative and US Congressman and Senators.