Obama is pushing for new 1 % tax

Written by chuck on August 27, 2010 – 11:12 pm -

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 transactions at any financial institution i. e. Banks, Credit Unions, etc.. Any deposit you make, or move around within your account, i. e. transfer to, will have a 1% tax charged………………..

Some will say aw it’s just 1%… remember once the tax is there they can raise it at will.

Click for more info

Or….

Truth or Fiction


Posted in Political | 1 Comment »



One Response to “Obama is pushing for new 1 % tax”

  1. By Nola on Aug 28, 2010 3:27 pm | Reply

    Oh goody goody!!! Right now I think the figure stands at $4.33 a month I have left to live on. If he puts this into effect I should be ready for welfare. Just think then I can have a party every weekend and free groceries, free telephone, free medical care and no telling what else. I’ll let ya’ll know when the first party will be.

You must be logged in to post a comment.