--- On Sun, 7/24/11, Robert Magee <duoair@sbcglobal.net> wrote:
From: Robert Magee <duoair@sbcglobal.net>
Subject: URGENT !!!! PEOPLE ON SOCIAL SECURITY MUST READ !!!!
To: foxy_fantashia@myfairpoint.net
Date: Sunday, July 24, 2011, 12:45 PM
Debt Free America Act - States as purposes of this Act the raising of sufficient revenue from a fee on transactions to eliminate the national debt within seven years and the phasing out of the individual income tax. Amends the Internal Revenue Code to impose a 1% fee, offset by a corresponding nonrefundable income tax credit, on transactions that use a payment instrument, including any check, cash, credit card, transfer of stock, bonds, or other financial instrument. Defines "transaction" to include retail and wholesale sales, purchases of intermediate goods, and financial and intangible transactions. Establishes in the legislative branch the Bipartisan Task Force for Responsible Fiscal Action to review the fiscal imbalance of the federal government and make recommendations to improve such imbalance. Provides for expedited consideration by Congress of Task Force recommendations. Repeals after 2017 the individual income tax, refundable and nonrefundable personal tax credits, and the alternative minimum tax (AMT) on individuals. Directs the Secretary of the Treasury to: (1) prioritize the repayment of the national debt to protect the fiscal stability of the United States; and (2) study and report to Congress on the implementation of this Act. AND YES THAT MEANS YOUR S.S.D.I CHECKS THAT ARE DEPOSITED IN THE BANK , THEY WELL TAKE 1% OUT OF YOUR MONEY !!!!!!!!!!!! THEY ARE STEALING AGAIN FROM THE RETIRES AND THE DIS-ABLED PEOPLE !!!!!!!!!!!! TAX WAS NEVER INTENDED TO BE PUT ON SOCIAL SECURITY PAYMENTS !!!! REMEMBER PEOPLE THEY NEVER GAVE US A RAISE FOR 3 YEARS !!!!!!!!!! TIME TO ACT UNLESS YOU WANT LESS OF YOUR MONEY !!!!!! H.B 4646 LOOK IT UP !!!! SEE FOR YOURSELVES !!!!! CALL YOUR SENATORS & CONGRESSMEN AND SAY HELL NO !!!!!!! & YOUR FIRED !!!!!
PASS THIS ON !!! THE PEOPLE MUST KNOW WHAT PRESIDENT OBAMA & CONGRESS ARE DOING TO US !!!!
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