Exclusively to the Walton & Johnson Show, a CFO from a bank here in the Gulf South alerted us to more tax stealthing by the Obama White House...

A 1% tax on all bank transactions.

One percent transaction tax is proposed, President Obama's finance team is recommending a transaction tax:

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. 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. His plan is to sneak it in after the November election to keep it under the radar....Keep your eyes and ears open, you will be amazed at what you learn.

Think this is just another propaganda plant from the Glenn Beckians or whatever; scope this link for video of Nancy Pelosi heralding the trasaction tax as having "a great deal of merit".

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