1% Transaction Fee

[armondtoth]

http://www.standard.net/node/44797

[gizmo]

(UNEDITED)President Obama's finance team is recommending a transaction tax. His plan is

to sneak it in after the November election to keep it under the radar. This is a 1% tax on all transaction at any financial institution i. e. Banks, Credit Unions, extra. Any deposit you make, or move around within your account, i. e. transfer to, will have a 1% tax charged. If your pay check or your social Security or whatever is direct deposit, 1% tax charged. If you hand carry a check in to deposit, 1% tax charged, If you take cash in to deposit, 1% tax charged.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.

[66gto]

sounds like the republicans will take the house back. maybe they can do something for this '' not born in the USA president we have''

[studdgage]

figures its not one tax its another

[jocko129]

If obama tax our asses we just and simply vote him out!!!!!!!!!!!, or maybe empech him like <nixon

[digdug]

I dont believe this is a feasible tax, too visible, the guy with his 100,000 cd earning 3 percent on his deposit isnt going to like a 1% tax.

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