Wednesday, October 27, 2010

H. R. 4646 - Cited As The "Debt Free America Act"

Taxation without (proper) representation, the slogan used by the original thirteen colonies, gave birth to the ideas of constitution rights and was a major driver behind the American Revolution.

H. R. 4646

I have gone into THOMAS (Library of Congress) and printed out and read all 15 pages of this bill which has been given the “Short Title” of “Debt Free America Act.”

Just think, if you deposit $5,000.00 into your checking account or savings account the bank has to take out 1% or $50.00 of that money and send it to Washington . Then, any checks or cash you take out of your bank they will deduct 1% from what is still in the bank and send it to Washington . Total put in the Bank $5,000.00. $100.00 of that you give to Washington .

This bill, spells it out that everyone will pay the Government 1% of their gross income.

Page 9 states the House and Senate shall convene not later than November 23, 2010 and Page 11 states the vote on passage shall occur not later than December 23, 2010.

Jeffrey

Source: govtrack.us

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