USA - Direct Deposit required.........

OFF THE WIRE
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 the Obama administration
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). His 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 the government
$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, the
government 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: 1. 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 201111:27:37
GMThttp://www.snopes.com/politics/taxes/debtfree.asp
<http://www.snopes.com/politics/taxes/debtfree.asp>
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