05 October 2011

ZOMG!! H.R. 4646 Will Take 1% of Every Transaction

except it won't. According to Politifact.com:
The bill, HR-4646, is indeed actual legislation whose subject has something to do with taxation. But that's where the similarities end.

The "Debt Free America Act" was introduced by Rep. Chaka Fattah, D-Pa., in February 2010. He proposed a 1-percent tax on all money transactions, "including cash transactions, checks, credit cards, those processed through the Federal Reserve Bank, and those collected at the point of sale." Fattah's idea was to use the money to pay down the national debt and eventually replace the income tax. He has proposed similar legislation since 2004.

HR-4646 had no support -- and certainly not from Obama's "finance team" -- and is now dying a quiet death in committee. Yet the resolution continues to live online, where the DeFazio connection has been repeated by a former Hernando County (Fla.) commissioner.

Penny Dodge, DeFazio's chief of staff, told PolitiFact Oregon that the congressman opposes HR-4646. An unamused DeFazio doesn't know who is behind the e-mail attack.

"It's slanderous," DeFazio said of the electronic claim. "I have nothing to do with the bill, no one pays any attention to the bill. It's chronically introduced, and never received any attention before this."

So ... not so much. But it sure sounds scary ... and that, children, is how internet hoaxes stay alive.

1 comment:

Duke said...

It never ceases to amaze me the stupid ideas some of these politicians come up with. I think they smoked too much dope in the 60's or maybe they still do.