Debt Free America Act. Amends the internal revenue code to impose a 1% fee, offset by a corresponding nonrefundable income tax credit, on transactions. 4646) would impose a 1 percent “transaction tax” on every financial transaction — whether paid by cash, credit card.
Amends the internal revenue code to impose a 1% fee, offset by a corresponding nonrefundable income tax credit, on transactions. 4646 debt free america act*****oh shit so these credit card companies charge the business that takes them in payment a fee everytime its used. 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.
This is the one from the 111 th congress.
Americans believe that we all benefit when we invest in our talent, that our country is better when everyone, regardless of their background, has a pathway toward affordable, quality higher. I know this is not stirckly an agent orange issue. Leave a review and share your experience with the bbb and debt free america. Debt free america act (govtrack.us) full text read the bill:
