Democrats Want to Tax Your ATM Withdrawals
The Working Press July 23rd, 2010This alert was posted from http://njconservative.wordpress.com/ (an excellent blog we are happy to have discovered and will soon be added to our “Resources for the Working Press” section).
Apparently, a Congressman in neighboring Pennsylvania wants to tax us a penny for every dollar we draw out of the ATM.
Outrageous. Simply Outrageous
Democrats Want to Tax Your ATM Withdrawals
In their never-ending quest to separate you from your money, politicians have become pretty creative.
They’ve called taxes by other names: fees, surcharges, duties, levies, tolls, excises, tariffs, charges, assessments, etc.
They’ve targeted just about everyone doing just about everything: Accounts Receivable Taxes, Building Permit Taxes, Capital Gains Taxes, CDL license Taxes, Cigarette Taxes, Corporate Income Taxes, Court Fines (indirect taxes), Dog License Taxes, Federal Income Taxes, Federal Unemployment Taxes (FUTA), Fishing License Taxes, Food License Taxes, Fuel permit taxes, Gasoline Taxes (up to 42 cents per gallon), Hunting License Taxes, Inheritance Taxes, Interest Expenses (tax on the money), Inventory taxes, IRS Interest Charges (tax on top of tax), IRS Penalties (tax on top of tax), Liquor Taxes, Local Income Taxes, Luxury Taxes, Marriage License Taxes, Medicare Taxes, Property Taxes, Real Estate Taxes, Septic Permit Taxes, Service Charge Taxes, Social Security Taxes, Road Usage Taxes (Truckers), Sales Taxes, Recreational Vehicle Taxes, Road Toll Booth Taxes, School Taxes, State Income Taxes, State Unemployment Taxes (SUTA), Telephone federal excise taxes, Telephone federal universal service fee taxes, Telephone federal, state and local surcharge taxes, Telephone minimum usage surcharge taxes, Telephone recurring and non-recurring charges taxes, Telephone state and local taxes, Telephone usage charge taxes, Toll Bridge Taxes, Toll Tunnel Taxes, Traffic Fines (indirect taxation), Trailer Registration Taxes, Utility Taxes, Vehicle License Registration Taxes, Vehicle Sales Taxes, Watercraft Registration Taxes, Well Permit Taxes and Workers Compensation Taxes — to name a few…
So what’s left, you ask? Well, one Congresscritter has come up with a small, but profitable tax scheme that will bring billions of dollars into the revenue stream.
His name? Representative Chaka Fattah (D-PA). And his bill? Legislation that will charge you a penny for every dollar you withdraw from an ATM machine.
That’s right — Fattah wants to tax you for the privilege of accessing your own money.
To be fair, the bill states that the fee — or tax, or whatever they want to call it — will be used to pay down the debt. But to be honest, when has that ever stopped a politician from using new revenue to start a pet program or expand an existing one?
Never.
One more thing: wouldn’t this be considered double taxation, since the money you put into your account was subject to one or more of the taxes listed above? Oh, that’s right — if it’s a fee, they can take all they want…as long as we put up with it.
Let me tell you how it will be,
There’s one for you, nineteen for me,
‘Cause I’m the Taxman,
Yeah, I’m the Taxman.
Should five per cent appear too small,
Be thankful I don’t take it all.
‘Cos I’m the Taxman,
Yeah, I’m the Taxman.
(If you drive a car), I’ll tax the street,
(If you try to sit), I’ll tax your seat,
(If you get too cold), I’ll tax the heat,
(If you take a walk), I’ll tax your feet.
Taxman.
‘Cause I’m the Taxman,
Yeah, I’m the Taxman.
Don’t ask me what I want it for
(Taxman! Mister Wilson!)
If you don’t want to pay some more
(Taxman! Mister Heath!),
‘Cause I’m the Taxman,
Yeah, I’m the Taxman.
Now my advice for those who die, (Taxman!)
Declare the pennies on your eyes, (Taxman!)
‘Cause I’m the Taxman,
Yeah, I’m the Taxman.
And you’re working for no-one but me,
(Taxman)
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