1% tax on all your bank transactions - just got this email

Discussion in 'Economics' started by wilburbear, Sep 28, 2010.

  1. Bob111

    Bob111

    here is the good one from Barry O-
    http://www.msnbc.msn.com/id/39385132/ns/politics/

    this one is for real
     
    #11     Sep 28, 2010
  2. Debt Free America Act - States as purposes of this Act the raising of sufficient revenue from a fee on transactions to eliminate the national debt within seven years and the phasing out of the individual income tax. Amends the Internal Revenue Code to impose a 1% fee, offset by a corresponding nonrefundable income tax credit, on transactions that use a payment instrument, including any check, cash, credit card, transfer of stock, bonds, or other financial instrument. Defines "transaction" to include retail and wholesale sales, purchases of intermediate goods, and financial and intangible transactions.

    from http://www.govtrack.us/congress/bill.xpd?bill=h111-4646&tab=summary
     
    #12     Sep 28, 2010
  3. I like this transaction tax: APT...if and only if...there is an exemption for financial trades or if the APT is applied only to commissions and fees related to financial trades and NOT the notional value of the financial trade.


    http://www.apttax.com/
     
    #13     Sep 28, 2010
  4. businessstaxes

    businessstaxes Guest

    why do you post such lies here.

    there is no 1% tax on bank transfers?

    banks have been obligated to report money transfers over 10,000 since 2001 9/11 anti-terrorist act.

    wall street is full of theives and liars.

     
    #14     Sep 28, 2010
  5. Another example of why (1) Odumba is perhaps the WORST prez in history, and (2) America needs to vote in some ethical Repubs to REPEAL ALL THINGS THAT LYING BASTARD ODUMBA IMPOSED UPON AMERICA.
     
    #15     Oct 11, 2010
  6. joe4422

    joe4422

    Americans have become too complacent. It's a shame. We've lost our revolutionary spirit.


    We're obviously being fucked from every hole, and we just sit back and drink our RC cola.
     
    #16     Oct 11, 2010
  7. you are already paying 3.9% tax on interest earned on savings, Checking, Cds, money markets, Etc per the "health care" bill. This has to be claimed on the 2011 Tax forms.

    This 1% transaction tax is no surprise. Get use to it. American Wanted this fucking idiot in office and now they have him!

    Hows that "hope and change " thing work'n out for you America?
     
    #17     Oct 11, 2010
  8. The declaration of Independence

    IN CONGRESS, JULY 4, 1776

    The unanimous Declaration of the thirteen united States of America

    That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.

    But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.

    http://www.ushistory.org/declaration/document/index.htm
     
    #18     Oct 11, 2010