Debt Free America Act. The debt free america act proposes a 1 percent fee to be charged on all transactions including cash, checks, credit cards, processed through the federal reserve bank, and collected at the point of. That means there are other bills with the number h.r.
That college tuitions are way too high, and the government should both provide “free” (paid for by others) college to everyone, and should also. The debt free america act, it sounds innocent enough, until you actually read it. 4646) which proposed to repeal the federal income tax and replace it with a 1 percent transaction tax on every financial transaction — whether paid by cash, credit card or any form of financial transfer, the only exception being transactions involving the purchase or sale of stock.
His “debt free america act” (h.r.
Amends the internal revenue code to impose a 1% fee, offset by a corresponding nonrefundable income tax credit, on transactions. That means there are other bills with the number h.r. 4646) would impose a 1 percent “transaction tax” on every financial transaction — whether paid by cash, credit card. View customer reviews of debt free america.
