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monmouth

(21,078 posts)
Sun Jun 10, 2012, 04:31 PM Jun 2012

Right-winger sent me this. I have no idea what it's about..Anyone???



I hope that this is not true!


ON JANUARY 1, 2013, THE US GOVERNMENT WILL BE REQUIRING EVERYONE TO HAVE DIRECT DEPOSIT FOR SS CHECKS.

WONDER WHY? Subject: HR 4646 Be sure to read entire explanation

Watch for this AFTER November elections; remember this BEFORE you VOTE, in case you think Obama is looking out for your best interest.

A 1% tax on all bank transactions is what HR 4646 calls for.

Do you receive a paycheck, or a retirement check from Social Security or a pension fund and have it direct deposit??

Well guess what ... It looks as if Obama wants to tax it 1% !!!

This bill was put forth by Rep. Chaka Fattah (D-PA).

YES, that is 1% tax on all bank transactions - HR 4646, every time it goes in and every time money goes out.

Ask your congressperson to vote NO.

FORWARD THIS TO EVERYONE YOU KNOW!

1% tax on all bank transactions ~ HR 4646 - ANOTHER NEW OBAMA TAX SLIPPED IN WHILE WE WERE ASLEEP. Checked this on snopes, it's true! Check it out yourself ~ HR 4646.

President Obama's finance team is recommending a one percent (1%) transaction fee (TAX). Obama's plan is to sneak it in after the November elections to keep it under the radar.

This is a 1% tax on all transactions at any financial institution - banks, credit unions, savings and loans, etc. Any deposit you make, or even a transfer within your own bank from one account to another, will have a 1% tax charged.

If your paycheck or your Social Security or whatever is direct deposit, it will get a 1% tax charged for the transaction.

If your paycheck is $1000, then you will pay Obama $10 just for the privilege of depositing your paycheck in your bank. Even if you hand carry your paycheck or any check in to your bank for a deposit, 1% tax will be charged.

You receive a $5,000 stock dividend from your broker, Obama takes $50 just to allow you to deposit that check in the bank.

If you take $1,000 cash to deposit at your bank, 1% tax will be charged.

Mind you, 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 about this guy's under-the-table moves to increase the number of ways you are taxed.

Oh, and by the way, if you receive a refund from the IRS next year and you have it direct deposited or you walk in to deposit that check, you guessed it. You will pay a 1% charge of that money just for putting it in your bank.

Remember, any money, cash, check or whatever, no matter where it came from, you will pay a 1% fee if you put it in the bank.

Some will say, oh well, it's just 1%. Are you kidding me? It's a 1% tax increase across the board. Remember, once the tax is there, they can also raise it at will. And if anyone protests, they will just say, "Oh,that's not really a tax, it's a user fee"!

Think this is no big deal? Go back and look at the transactions you made from last year's banking statements. Then add the total of all those transactions and deduct 1%. Still think it's no big deal?

The following is copied from Snopes:

1. snopes.com: Debt Free America Act•••
Is the U.S.government proposing a 1% tax on debit card usage and/or banking transactions?
...It is true. The bill is HR-4646 introduced by US Rep Peter deFazio D-Oregon and US Senator Tom Harkin D-Iowa. Their plan is to sneak it in after the...
...moved beyond proposing studies and submitted the Debt Free America Act (H.R. 4646), a bill calling for the implementation of a scheme to pay down the...
...[2010] by Rep. Chaka Fattah (D-Pa.). His "Debt Free America Act" (H.R. 4646) would impose a 1 percent "transaction tax" on every financial transaction...
Wed, 02 Nov 201111:27:37 GMThttp://www.snopes.com/politics/taxes/debtfree.asp
39 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Right-winger sent me this. I have no idea what it's about..Anyone??? (Original Post) monmouth Jun 2012 OP
Government checks direct deposit nadinbrzezinski Jun 2012 #1
The email you got is a lie see this link to the so called sponsor Vincardog Jun 2012 #28
My hubby gets a DoD disability check nadinbrzezinski Jun 2012 #38
They encouraged me to set up my SSDI on direct deposit Woody Woodpecker Jun 2012 #2
SS Checks = SS nazi police inspections. Quantess Jun 2012 #3
No I don't bluestateguy Jun 2012 #4
Snopes says it's false. The Velveteen Ocelot Jun 2012 #5
Many thanks...n/t monmouth Jun 2012 #13
I am always astonished that these emails Curmudgeoness Jun 2012 #37
The very link you post to snopes goes to a big red circle that says "false". dawg Jun 2012 #6
Reviewed as FALSE. FLyellowdog Jun 2012 #7
Read this: CurtEastPoint Jun 2012 #8
Many thanks..n/t monmouth Jun 2012 #19
Social Security Direct Deposit Glitterati Jun 2012 #9
The person who sent it to you is a liar. Tennessee Gal Jun 2012 #10
Bogus. Add the person to your spam filter. MineralMan Jun 2012 #11
I get 5 or 6 of them a day from my wingnut father Populist_Prole Jun 2012 #21
urban legend lapfog_1 Jun 2012 #12
Snopes says it's false. libinnyandia Jun 2012 #14
I hate to tell this person this but it has been going on a long time now. Military pension southernyankeebelle Jun 2012 #15
Read the rest of this thread. There is no 1% deal - it's all false. The Velveteen Ocelot Jun 2012 #18
yes I read it after I went to post it. Still stands correct. Obama can't do anything without c southernyankeebelle Jun 2012 #27
Send the Snopes link to every email address you can see that has sent or received this email. Ian David Jun 2012 #16
Hahaha, I like it..n/t monmouth Jun 2012 #20
And if they dismiss Snopes as "liberal," send them Forbes: pinboy3niner Jun 2012 #24
Fuck it. Just send them both. Good catch. n/t Ian David Jun 2012 #25
If somemone dismisses snopes, then tell them the black helicoptors and aliens are after them. NutmegYankee Jun 2012 #30
is that before or after they take our guns and lock us in FEMA internment camps? magical thyme Jun 2012 #17
Looks remarkably staid and restrained for a RW email forward Populist_Prole Jun 2012 #22
LOL! Wind Dancer Jun 2012 #33
Hit "Reply All" with the REAL snopes link. n/t BiggJawn Jun 2012 #23
The Forbes article is interesting, it cites the savings associated with direct deposit Not Me Jun 2012 #26
It's false the Government wants 1% but don't put it past the Banksters to want their cut SkatmanRoth Jun 2012 #29
repug lie brush Jun 2012 #31
I got that last year from my right wing brother so looked it up. Auntie Bush Jun 2012 #32
It would save a lot of money, too B Calm Jun 2012 #34
They are going to stop the paper checks and if you do not have a bank account to have your check jwirr Jun 2012 #35
I always go to Snopes first on those right wing e-mails life long demo Jun 2012 #36
Lather, rinse and repeat. GeorgeGist Jun 2012 #39
 

nadinbrzezinski

(154,021 posts)
38. My hubby gets a DoD disability check
Sun Jun 10, 2012, 09:16 PM
Jun 2012

all government checks are going to direct deposit... all paranoia aside.


In fact, I NEED to get him to do it.

 

Woody Woodpecker

(562 posts)
2. They encouraged me to set up my SSDI on direct deposit
Sun Jun 10, 2012, 04:33 PM
Jun 2012

so they have a reliable method of depositing - and not to worry about the weekends. If my deposit day falls on the weekend, then it is deposited the Friday before the weekend.

I understand it is also to reduce fraud dealing with checks too.

bluestateguy

(44,173 posts)
4. No I don't
Sun Jun 10, 2012, 04:34 PM
Jun 2012

Like one of those e-mail transaction taxes that we were warned about supposedly 10-12 years ago.

Curmudgeoness

(18,219 posts)
37. I am always astonished that these emails
Sun Jun 10, 2012, 08:47 PM
Jun 2012

will provide a link to Snopes, and the link will actually say it is false, but none of the idiots who forward the email have ever clicked on the link. I get these emails all the time, and I always click on Snopes----and you are right, it is always false.

And another funny thing about the links to Snopes, if I use Snopes as information to debunk something that they say, they will tell me that Snopes is a left-wing commie site that can't be trusted. Go figure.

dawg

(10,624 posts)
6. The very link you post to snopes goes to a big red circle that says "false".
Sun Jun 10, 2012, 04:35 PM
Jun 2012

It is bullshit, pure and simple.

 

Glitterati

(3,182 posts)
9. Social Security Direct Deposit
Sun Jun 10, 2012, 04:35 PM
Jun 2012

To the account recommended by Social Security.

Not one dime in fees.

No one penny in charges.

Since 2008.

This is complete and utter freeper BS.

Tennessee Gal

(6,160 posts)
10. The person who sent it to you is a liar.
Sun Jun 10, 2012, 04:35 PM
Jun 2012

If you click on the snopes link the person provided, it states it is FALSE!

Here is the link again: http://www.snopes.com/politics/taxes/debtfree.asp

MineralMan

(146,317 posts)
11. Bogus. Add the person to your spam filter.
Sun Jun 10, 2012, 04:36 PM
Jun 2012

Anything forwarded in email should be suspect. Check first; post later, if it checks out.

Populist_Prole

(5,364 posts)
21. I get 5 or 6 of them a day from my wingnut father
Sun Jun 10, 2012, 04:55 PM
Jun 2012

Now, whenever I direct him to where Snopes "busts" the rumor, he then dismisses Snopes as "left wing". Before, he always referred to Snopes to give his claims validity. Of course, when you actually check, you find he was cherry picking out of context.

lapfog_1

(29,205 posts)
12. urban legend
Sun Jun 10, 2012, 04:37 PM
Jun 2012

Analysis: Quite misleading. It's true (as of this writing) that there's a bill in the House of Representatives, the Debt Free America Act (H.R. 1125), which would impose a one percent tax on certain financial transactions if passed, and it's also true that the bill was introduced by a Democrat, Rep. Chaka Fattah of Pennsylvania (who introduced more or less the same legislation in 2010 as H.R. 4646).

However, the legislation has zero co-sponsors, nor has it ever been acknowledged, let alone endorsed or supported, by anyone in the Obama administration.

Moreover, contrary to what is repeatedly claimed in the email, under the proposed legislation personal bank deposits would not be subject to subject to the tax. Section 4501(b)(2) of the current version of the bill reads as follows:

EXCEPTIONS- The term ‘specified transaction’ shall not include--
(A) any transfer between accounts of the taxpayer, and
(B) any deposit into a personal account of an individual.

Like all previous iterations of the Debt Free America Act, the 2011 version isn't expected to be voted on, let alone passed by Congress.

 

southernyankeebelle

(11,304 posts)
15. I hate to tell this person this but it has been going on a long time now. Military pension
Sun Jun 10, 2012, 04:39 PM
Jun 2012

go to our bank accounts and social security does also. I happen to think it is a good idea. No one can steal your check out of your mail box. It goes directly to the bank. I have never had any problems getting any of our pay checks direct mail. I don't have a debit card. Our checks go direct to our account. They blame Obama but Obama can't put this thru without congress and the senate. Obama only signs a bill. I don't like the 1% deal. But we can all call our congress people and bitch about it.

The Velveteen Ocelot

(115,719 posts)
18. Read the rest of this thread. There is no 1% deal - it's all false.
Sun Jun 10, 2012, 04:42 PM
Jun 2012

The bill was introduced by a single congressman, has no support from the Obama administration, will never make it to the floor let alone pass.

 

southernyankeebelle

(11,304 posts)
27. yes I read it after I went to post it. Still stands correct. Obama can't do anything without c
Sun Jun 10, 2012, 05:33 PM
Jun 2012

congress taking through the house and senate.

Ian David

(69,059 posts)
16. Send the Snopes link to every email address you can see that has sent or received this email.
Sun Jun 10, 2012, 04:40 PM
Jun 2012

Go all the way to the bottom of the email chain, and Bcc (or Cc at your discretion) ALL of them.

And if you're like me, spend a year forwarding Progressive emails to all of them.



pinboy3niner

(53,339 posts)
24. And if they dismiss Snopes as "liberal," send them Forbes:
Sun Jun 10, 2012, 05:01 PM
Jun 2012
Social Security Direct Deposit Tax Email A Fraud
by Forbes | March 16, 2012 at 10:22 AM

...


The email is wrong. It’s wrong on a bazillion levels. It’s yet another poorly researched, heavily politicked hoax email.

Here’s the real scoop:

Yes, it is true that the Treasury Department will begin phasing out paper checks. And yes, federal benefit recipients, including those who receive Social Security, will be required to either get their payments by direct deposit or in the form of a prepaid, rechargeable debit card (it will be a MasterCard®). The switch has to take place in about a year, on March 1, 2013 (and not January 2013). If you’re already using direct deposit, nothing will change.

The switch is intended to save tax dollars; paper checks currently cost taxpayers nearly $120 million. That number is expected to dramatically increase as the number of baby boomers nearing retirement age explodes. Some estimates take the savings up to a billion, though I’m not sure how accurate that really is.

That new rule, though, has zero to do with H.R. 4646.

...


More at link:
http://xfinity.comcast.net/blogs/finance/2012/03/16/social-security-direct-deposit-tax-email-a-fraud/



NutmegYankee

(16,199 posts)
30. If somemone dismisses snopes, then tell them the black helicoptors and aliens are after them.
Sun Jun 10, 2012, 06:16 PM
Jun 2012

Because they are fucking nuts.

 

magical thyme

(14,881 posts)
17. is that before or after they take our guns and lock us in FEMA internment camps?
Sun Jun 10, 2012, 04:41 PM
Jun 2012


SSN on direct deposit saves money for postage and check printing, as well as getting you your money faster. Especially if you have a good credit union (I get paid 1-2 days before anybody else I work with).

Populist_Prole

(5,364 posts)
22. Looks remarkably staid and restrained for a RW email forward
Sun Jun 10, 2012, 04:58 PM
Jun 2012

They normally jump right out and obliterate your retinas with outrageously large and varying fonts in vivid colors, and peppered with about four fifths of the world's supply of exclamation points and ellipses.

Not Me

(3,398 posts)
26. The Forbes article is interesting, it cites the savings associated with direct deposit
Sun Jun 10, 2012, 05:19 PM
Jun 2012

at $120Mil currently, and perhaps $1Bil a year when all the baby boomers are collecting.
You'd think all the tea partiers would see this as a way to cut government spending.
But no, "*this* affects me. I don't want to change."

brush

(53,784 posts)
31. repug lie
Sun Jun 10, 2012, 06:21 PM
Jun 2012

This sounds like a thread that was circulation yesterday. I posted this then: "This sounds like a rumor started by the repug party to scare voters away from the President. Don't fall for it. It's like what the repugs did during the Bush administration: They'd name their anti-environment, lack of sensible regulation bills just the opposite of what the bills really meant; i.e., the Blue Skies Act actually allowed corporations to spew even more pollution into the air. And the Clean Water bill allowed more tainted, pollution-filled waste to be dumped into our lakes, streams and rivers. Sounds to me like the repugs are floating ideas out there that they're really thinking about trying. They'll gauge the reaction and if 1% scares the sh it out of people, they may counter later after the election with .5% or .25% and people will be so relieved it's not a full 1% that they'll fall for it. They don't call them dirty tricksters for nothing." C'mom. Think about it. With the election coming up do you think the President would try something so outrageous that everyone would be against it?

Auntie Bush

(17,528 posts)
32. I got that last year from my right wing brother so looked it up.
Sun Jun 10, 2012, 06:36 PM
Jun 2012

It's false according to Snoops. It's a dead old bill and will never come up for a vote. Forget about it! But it's typical of the false things wingers say about Dems. I've gotten so many of them... they make me sick.

ReThugs send out lies and propaganda to all their friends etc. and of course they want to believe it so they never dare look it up for it's accuracy. Deep down they know it's a lie but they want to believe it.

jwirr

(39,215 posts)
35. They are going to stop the paper checks and if you do not have a bank account to have your check
Sun Jun 10, 2012, 07:59 PM
Jun 2012

depostited to then you are directed to GoDirect a bank account maintained by Social Security. I already have GoDirect because I am in so much finacial trouble I do not dare have an account.

life long demo

(1,113 posts)
36. I always go to Snopes first on those right wing e-mails
Sun Jun 10, 2012, 08:31 PM
Jun 2012

But as another posted, if the e-mail comes from a winger or even someone who doesn't check the info it's usually false. I aways go to www.snopes.com and I reply back to the person who sent it to me that it was false and encourage them to check before forwarding.

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