New tax Bill HR-4646 Debt Free America sneaking in
Posted in the Columbus Forum
#1 Oct 2, 2010
This bill is being slid in under the radar after November elections.The bill's aim is to place a 1% "transaction tax" on ALL transactions you make.These transactions are:payroll deposit/withdrawl,money transfer,check cashing/depositing,ALL retail purchases,etc...EVERY transaction you make,no matter how big or small will have this 1% tax added.The 7 year goal is to eliminate America's debt and supposedly,eventually eliminate personal income taxes.In a nutshell,over the years,you'll pay MORE in transaction taxes than you do in income tax as it is currently.Please see the link below and draw your own conclusions.Once again,the Feds are expecting US to bail them out of debt.With this new bill,there won't be any tax returns.
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