To: President Donald Trump, The United States House of Representatives, and The United States Senate
NO to HR4646 ,or ,NIX-46.
Dear sirs.I belive HR4646,The levying of a 1% tax on all banking transactions .Is a very bad idea and amounts to nothing more than another way to hurt the middle class in this country.This bill or proposed law of 1%tax on all banking transactions should not even be presented for consideration NIX HR4646
Why is this important?
This bill has been drafted by a democrat congressman from PA. Its a bill that will levy a 1%tax [they'll probably call it a "User Fee"] on all bank transactions. That means when you put Your money in or when you take Your money out you'll pay 1% of the total deposit or withdrawl to do just that . Even direct deposits like your social security check {which by the way as of jan. 1, 2012 the law now states that all SS checks are to be recieved via direct deposits, how convinent for them}will be subject.If you are lucky enough to get a check for say for 1000.00 thats ten bucks when it goes in your acct. and ten bucks eventually if it comes out of your acct Thats a 20 dollar bill folks on top of having to pay tax on your Social Security income . c'mon UNCLE sam.AND if you move money from your savings to your checking.{if your one of the few americans lucky enough to have a savings acct.} same thing 1% tax on that transaction.Think 1% aw thats not much ,just think how many checks you deposit from individuals , one at a time then add that all up with your deposits and withdrawls and the money you move from acct to acct And say you want to give Junior 500 bucks for gass money at college if you withdraw that and put it in an envelope as 5 hundred dollar bills for his birthday ,,,you guessed it ,,gonna cost you Five bucks to do it. This Bill may not be widely heard of yet ,as the admistration may want to keep this under the radar before the elections. But we need to start fighting this now so we 're not caught asleep at the wheel when they try to sneak this by us And I must say after hearing the president say No New Taxes on any one making under 250.000.00 a yr. I'm greatly disturbed by this information. Help us all and tell congress and the president NIX46 [ vote NO on HR 4646]