Obamas plan is to sneak it in after the November election to keep it under the radar.
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%, so
Who do you thinkis going to pay for all of this out of control spending Obama & the democrats have been doing. The rich can't do it all by themselves. The debt is too massive.
Answer by Natesmom507 at 3:50 AM on Sep. 19, 2010
Answer by JuLiAnSmOmMy317 at 3:58 AM on Sep. 19, 2010
Hmmm, will this go poof just like all of Lori's posts in her question did as well? Just because you delete it doesn't mean we didn't all see you were wrong. LOL
What the hell are talking about?! I didn't and don't ever delete any answers--why would I want to lose 5 points for doing so?
Perhaps as a fake newbie, you don't understand that things have CHANGED since you were last on her eunder your OLD screen name, and what happens NOW when you CLOSE a question and award someone best answer, is all of the answers DEFAULT to being listed greatest to least by the overall "score" in terms of up and down VOTES they received!!!
Go ahead and check out my closed post again,(or any other closed post for that matter) then do the math, if you can....you'll see that ALL of my responses are still there!! LOL.....FAIL!!! :oP
P.S. Welcome to my stalker fan club!! LOL :o)
Answer by LoriKeet at 7:30 AM on Sep. 19, 2010
It hasn't happened YET, but keep a close eye on this proposed bill or changes in its name (kind of like screen names on CM!)...they apparently have a mind of their own and often manage to sneak THEMSELVES into bills unbeknownst to the bill's sponsors/co-sponsors!! LOL *sigh*
This link explains the history of this proposal and Rep Chaka Fattah's very PERSISTENT attempts to get it in there somehow over the past 6 years--can you say term limits?! LOL
I know it's Fact Check, but it's actually a neutral report!
Answer by LoriKeet at 7:39 AM on Sep. 19, 2010
Answer by itsmesteph11 at 7:50 AM on Sep. 19, 2010
Answer by LovingSAHMommy at 11:45 PM on Sep. 18, 2010
Only tax Obama voters.
Dimocrats approve of raising taxes.
So raise their taxes, if they pay any, and make them feel good.
Then kick them in their beehinds.
Answer by mustbeGRACE at 9:43 AM on Sep. 19, 2010
The tax on our personal transactions is not the only transaction tax being proposed. It isn't a "false" as some of you say. This is an old idea globally and nationally that is just being revamped. If it is to be "snuck" in, this is the time.
Answer by jesse123456 at 10:00 AM on Sep. 19, 2010
Answer by Natesmom507 at 11:59 AM on Sep. 19, 2010
Answer by SparklingHope at 11:33 PM on Sep. 18, 2010
Next question overall
are you able to tell the difference between a yeast infection