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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.

Keep your eyes and ears open, you will be amazed at what you learn.

1 posted on 08/22/2010 1:39:51 PM PDT by GailA
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To: GailA
Globally, it will contribute billions to climate change and world health programs,”

The money will go directly into international bureaucrats and Democrats' pockets.

32 posted on 08/22/2010 2:51:11 PM PDT by Extremely Extreme Extremist (Mexico is the U.S. version of Hamas)
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To: GailA
Somebody, I'm not saying who, should die from rapidly metastasizing prostate cancer.

Pronto.


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

34 posted on 08/22/2010 2:57:51 PM PDT by The Comedian (Evil can only succeed if good men don't point at it and laugh.)
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To: GailA

This 1% tax must be different from Stark’s proposed currency tax. The latter is smaller, .0005%. But it’s something that could grow. Even at .0005% it effectively would ban active currency trading, by adding an additional cost that is comparable to commissions already being paid.

Where are the people in America — excluding a few overpaid, well-connected, democrats and maybe some republicans — that would benefit by driving this country’s economy into the ground? I don’t see many. Certainly, not minorities. Not average wage-earners. Not rank-and-file democrats. And not, even, SEIU and their ilk.

We should ask that question of the North Korean elites, who have perfected the art of destroying an economy, while remaining in power.


35 posted on 08/22/2010 3:11:25 PM PDT by Tax Government (We ask nothing except that our elected representatives uphold the Constitution.)
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To: GailA

Great way to make this much, much more worse. Is this all the Dims know, tax and spend, tax and spend? Is this their answer to everything. All the worlds economic problems are pretty much caused by the Dims and the so called “victims”.

Excuse me, but WTF is wrong with these idiots? They’re really trying to kill the country aren’t they?


36 posted on 08/22/2010 3:41:56 PM PDT by garyhope (It's World War IV, right here, right now, courtesy of Islam and illegal immigration.)
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