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View Full Version : HR 4646 -- A sneaky new tax.. This WILL light you UP for SURE!!!



Popeye
02-07-2012, 03:52 AM
Subject: HR 4646 -- A sneaky new tax.. This WILL light you UP for SURE!





HR 4646 -- A sneaky new tax A MUST READ

ON JANUARY 1, 2013, THE US GOVERNMENT
WILL BE REQUIRING EVERYONE TO HAVE DIRECT DEPOSIT FOR SS CHECKS.

WONDER WHY?
Subject: HR 4646
Be sure to read entire explanation

Watch for this AFTER November elections; remember this BEFORE you VOTE, in case you think Obama is
looking out for your best interest.

A 1% tax on all bank transactions is what HR 4646 calls for.

Do you receive a paycheck, or a retirement check from Social Security or a pension fund and have it
direct deposit??

Well guess what ... It looks as if Obama wants to tax it 1% !!!
This bill was put forth by Rep. Chaka Fattah (D-PA).

YES, that is 1% tax on all bank transactions - HR 4646, every time it goes in and every time money
goes out.

Ask your congressperson to vote NO.

FORWARD THIS TO EVERYONE YOU KNOW!

1% tax on all bank transactions ~ HR 4646 - ANOTHER NEW OBAMA TAX SLIPPED IN WHILE WE WERE ASLEEP. Checked
this on snopes, it's true! Check it out yourself ~ HR 4646.

President Obama's finance team is recommending a one percent (1%) transaction fee (TAX). Obama's plan is
to sneak it in after the November elections to keep it under the radar.

This is a 1% tax on all transactions at any financial institution - banks, credit unions, savings and
loans, etc. Any deposit you make, or even a transfer within your own
bank from one account to another, will have a 1% tax charged.

If your paycheck or your Social Security or whatever is direct deposit, it will get a 1% tax charged
for the transaction.

If your paycheck is $1000, then you will pay Obama $10 just for the privilege of depositing your paycheck
in your bank. Even if you hand carry your paycheck or any check in to your bank for a deposit, 1% tax will be charged.

You receive a $5,000 stock dividend from your broker, Obama takes $50 just to allow you to deposit that
check in the bank.

If you take $1,000 cash to deposit at your bank, 1% tax will be charged.

Mind you, 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 about this guy's under-the-table moves to
increase the number of ways you are taxed.

Oh, and by the way, if you receive a refund from the IRS next year and you have it direct deposited or you
walk in to deposit that check, you guessed it. You will pay a 1% charge of that money just for putting it in your bank.

Remember, any money, cash, check or whatever, no matter where it came from, you will pay a 1% fee if you
put it in the bank.

Some will say, oh well, 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 also raise it at will. And if anyone protests, they will just say, "Oh,that's not really a tax, it's a user fee"!

Think this is no big deal? Go back and look at the transactions you made from last year's banking statements.
Then add the total of all those transactions and deduct 1%. Still think it's no big deal?


The following is copied from Snopes:
snopes.com (http://snopes.com/): Debt Free America Act ••• Is the U.S. government proposing a 1%
tax on debit card usage and/or banking transactions?
...It is true. The bill is HR-4646
introduced by US Rep Peter deFazio D-Oregon and US Senator Tom Harkin
D-Iowa. Their plan is to sneak it in after the...
...moved beyond proposing studies
and submitted the Debt Free America Act (H.R. 4646), a bill calling
for the implementation of a scheme to pay down the...
...[2010] by Rep. Chaka Fattah
(D-Pa.). His "Debt Free America Act" (H.R. 4646) would impose a 1
percent "transaction tax" on every financial transaction...
Wed, 02 Nov 2011 11:27:37 GMT
http://www.snopes.com/politics/taxes/debtfree.asp (http://www.snopes.com/politics/taxes/debtfree.asp)

WMD
02-07-2012, 06:52 AM
It just doesn't stop! That man cannot be re-elected this year :mad:

HDoc
02-07-2012, 07:19 AM
While outrage at the idiot who proposed it is justified:

However, the legislation has zero co-sponsors, nor has it ever been acknowledged, let alone endorsed or supported, by anyone in the Obama administration.
Moreover, contrary to what is repeatedly claimed in the email, under the proposed legislation personal bank deposits would not be subject to subject to the tax. Section 4501(b)(2) of the current version of the bill reads as follows:

EXCEPTIONS- The term ‘specified transaction’ shall not include--
(A) any transfer between accounts of the taxpayer, and
(B) any deposit into a personal account of an individual.
Like all previous iterations of the Debt Free America Act, the 2011 version isn't expected to be voted on, let alone passed by Congress.


It's not really worth getting your blood pressure up.

johnh
02-07-2012, 07:20 AM
I know, but just wait, by the election the media will have him walking on water, raising the dead, absolving all of debts, curing cancer..... :(

JohnR
02-07-2012, 08:53 AM
...paying my mortgage, putting gas in my car...

LaP
02-07-2012, 10:18 AM
Hey come on guys. He's still in training. He'll have everything figured out after the next election. He promised.

:cool:

hpg
02-07-2012, 12:15 PM
The funny is, who the hell voted for him the 1st time? Nobody around my neck of the woods admits they voted for him......huh first time a man ever got elected with out anyone voting for him.....:eek:

HR4646 must not be passed...hpg

crazymailman
02-07-2012, 12:24 PM
However, the legislation has zero co-sponsors, nor has it ever been acknowledged, let alone endorsed or supported, by anyone in the Obama administration.
Moreover, contrary to what is repeatedly claimed in the email, under the proposed legislation personal bank deposits would not be subject to subject to the tax. Section 4501(b)(2) of the current version of the bill reads as follows:

EXCEPTIONS- The term ‘specified transaction’ shall not include--
(A) any transfer between accounts of the taxpayer, and
(B) any deposit into a personal account of an individual.
Like all previous iterations of the Debt Free America Act, the 2011 version isn't expected to be voted on, let alone passed by Congress.



There is no way Obummer would acknowledge this bill before an election, but don't think that he's not aware of it. And don't think that even though those two exceptions are listed, the banks will just eat that tax. They will pass it along to their customers.

JFootin
02-07-2012, 01:30 PM
The funny is, who the hell voted for him the 1st time? Nobody around my neck of the woods admits they voted for him......huh first time a man ever got elected with out anyone voting for him.....:eek:

HR4646 must not be passed...hpg

Well, the polls in Nevada showed Harry Reid in great disfavor, yet he majically won the election, mainly with a huge vote tally in the county where Las Vegas is. No one has investigated this at all, but it looks like massive voter fraud.

Bill K
02-07-2012, 02:34 PM
Snopes has it as a "Mixture of True and False Information"... http://www.snopes.com/politics/taxes/debtfree.asp

muggsy
02-07-2012, 05:54 PM
Snopes has it as a "Mixture of True and False Information"... http://www.snopes.com/politics/taxes/debtfree.asp

The bill has a snowball's chance in hell of passing.

Dueeast
02-07-2012, 06:33 PM
This bill was introduced in the 111th congress on Feb 23rd 2010. It died in committee and was never voted on. check out www.truthorfiction.com NEVER trust "snopes"

ltxi
02-07-2012, 07:12 PM
The funny is, who the hell voted for him the 1st time? Nobody around my neck of the woods admits they voted for him......huh first time a man ever got elected with out anyone voting for him.....:eek:

HR4646 must not be passed...hpg

Well, my brother voted for him.....but he's a semi-retired drunk who only makes about $500K/yr. Go figure.

TriggerMan
02-09-2012, 05:24 PM
Amazing what BS guys with preconceived political agendas will believe.

This is a total mischaracterization.

It is tied to a LONE Congressmen, who, incidentally, seeks to REPLACE income tax with this.

This thing was still-born.

popgoestheweasel
02-09-2012, 07:30 PM
Amazing what BS guys with preconceived political agendas will believe.

This is a total mischaracterization.

It is tied to a LONE Congressmen, who, incidentally, seeks to REPLACE income tax with this.

This thing was still-born.

amazing??? it's beyond amazing, whatever that is. i'm still trying to digest the following quote found in another thread:

" Scary thing is, though, when they do take over history tells us that they will round up and kill, or starve to death, millions in order to establish their objectives. Look at the history of the Soviet Union and China. In fact, they think that for the sake of the environment and preservation of natural resources there should be a whole lot less of us on this planet. You see, they have no moral foundation, so these kind of thoughts enter their heads and stay there. Ann Coulter's book, "Demonic", nails it. "

is there any place on earth where the american people can hide from the morally bankrupt socialist democrats who are intent on killing us all??? i just don't feel safe. if we re-elect obama, the world is coming to an end. HELP, they're coming to get us...and our guns.

TriggerMan
02-09-2012, 08:02 PM
The funny is, who the hell voted for him the 1st time? Nobody around my neck of the woods admits they voted for him......huh first time a man ever got elected with out anyone voting for him.....:eek:

HR4646 must not be passed...hpg

A lot of Obama supporters were simply rejecting the alternative. The economy was bad and at least Obama knew that. McCain, not so much. McCain was also seen as Bush Lite and there was no love for Bush.

If it proves to be Obama vs. Romney, it could be a close election. It will be interesting to see who the VPs will be.