On January 1, 2013, the U.S. Government will be requiring everyone to have direct deposit for Social Security checks.
Why? Bill HR 4646.
The bill was introduced by Representative Peter DeFazio D-Oregon and U.S. Senator Tom Harkin D-Iowa.
Watch for this after the November elections. Remember this before you vote, in case anyone thinks President Obama is looking out for your best interest.
A 1% tax on all bank transactions is what HR 4646 calls for. By the way the bill is entitled “Debt Free America Act.”
Your pension, retirement, Social Security check, etc. will be taxed at 1% if the Obama administration gets its way.
By the way they call it a transaction fee (TAX). Obama’s plan is to sneak it in after the elections to keep it under the radar.
Any deposit you make, or even a transfer within your own bank from one account to another, will be taxed 1%.
For example, if your paycheck is $1,000 you will pay the government $10 for the privilege of depositing your own check.
If you receive a $500 refund from the IRS you will pay a 1% charge for putting it in your bank, credit union, etc.
Don’t you just love the Tax and Spend Guys!
If you think 1% isn’t much start calculating all the transactions you make in a year and see how much 1% of them totals.
If Obama, Harkin, DeFazio, or anyone in the U.S. thinks this so-called “Debt Free America Act” bill will pay down the U.S. debt come on down to Chalk Level Road and I will sell you some ocean front property real cheap. Even on a clear night you can see all the way to Malibu.
Not one red cent of our tax dollars goes toward paying down the debt of this country! The IRS is a Panama Trust Fund which is controlled by the Federal Reserve.
I suggest everyone call their representatives: Mr. Hurt, Mr. Webb and Mr. Warner and tell them to vote against this bill. That is what I am planning on doing.
Marvin A. Oakes
Gretna