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This goverment is a runaway freight train !!!

Discussion in 'Politics, Elections & Legislation' started by OLD ONE EYE, Sep 15, 2010.

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  1. OLD ONE EYE

    OLD ONE EYE Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    3,253
    Location:
    Florida / Idaho
    President Obama's finance team and Nancy Pelosi are recommending a 1% TRANSACTION TAX on ALL financial transactions.



    His plan is to sneak it in after the November election to keep it under the radar. See what Nancy has to say about this wonderful idea!



    She says "It's only 1%"



    This is a 1% tax on ALL transactions TO or FROM ANY financial institution i.e.. Banks, Credit Unions, Mutual funds, Brokers, etc.



    Any DEPOSIT you make will have a 1% tax charged.



    Any WITHDRAWAL you make, 1% tax.



    Any TRANSFER within your account, a transfer TO or FROM savings and checking, will have a 1% tax charged.



    Any ATM TRANSACTION, withdrawal or deposit, 1% tax.



    If your PAY CHECK or your SOCIAL SECURITY is DIRECT DEPOSITED, 1% tax.



    If you carry a CHECK to YOUR BANK to deposit, 1% tax.



    If you take CASH in to DEPOSIT, 1% tax.



    If you RECEIVE any INCOME from a bond or a DIVIDEND from STOCK, 1% tax.



    Any REAL ESTATE TRANSACTION, 1% tax. (This is on top of the 3.8% they just slid in on you) total nearly 5%, commission + tax 11%, some states "Excise Tax is an additional 1+% 12% OR MORE)



    PAY for your insurance (health)... 1%



    Consider 1% on the buyer of coming in, and 1% on the seller going out...........will now be 2% of all transactions... unreal.

    Some areas in California are over 9%, add two more 11%, who are they kidding???



    When will the pain wake America up to this insanity?



    This administration is about YOUR MONEY,



    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! Remember, he is completely honest and trustworthy.



    You would think they would do something about the out of control SPENDING, and Entitlements... too much, too out of control.



    They have to be Stopped!!! Keep your eyes and ears open.
     
  2. carv

    carv Member

    Joined:
    Jan 29, 1998
    Messages:
    98
    There is one way to fix our current situation, VOTE THEM OUT! I voted against every incumbent and or against anyone who held any public office in the past. New blood = less corruption, period.

    If you cant take the time to vote don’t bitch, take what you get and be happy.
     
  3. recurvyarcher

    recurvyarcher Well-Known Member

    Joined:
    Apr 26, 2006
    Messages:
    6,450

    recurvyarcher_2008_030361.jpg


    And Pelosi is the biggest bag there is...
     
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