Dirty politics

Check this out. More dirty politics that the Obama/Ried/Pelosi gang is hiding from us. Transparancy my ass. The middle class is paying for everyone else. This along with the tax on selling your house should pretty much make any chance of retiring a pipe dream.

The bill is HR-4646 introduced by US Rep Peter deFazio D-Oregon and US Senator Tom Harkin D-Iowa.

It is now in committee and will probably not be brought out until after the Nov. elections.

Suggest that you pass this along and also to your state senator and representative and U.S. Congressman and Senators.

A one percent transaction tax is proposed. 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. e-transfer to, will have a 1% tax charged.

If your pay check or your social Security or whatever is direct deposited, 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.

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

Check it out here:

http://www.govtrack.us/congress/bill.xpd?bill=h111-4646&tab=summary

Follow @mortgageniche

Mortgages

Dirty politics