A 1% fee on any and all transactions no matter what the method of payment including a fee charged for any financial tranaction at a financial institurion.
Say you sell a car for $14,000.00, you pay a $140.00 fee. Put the check or cas in the bank and pay another $140.00. Buy a car for what's left pay another 1%, Pay for it with credit card, etc. Pay another 1%. Pay your credit card bill, pay another 1%, etc, etc, ad nauseum. Check out H.R.4646. Some say it can't pass, but that's what they said about Obamacare.
Say you sell a car for $14,000.00, you pay a $140.00 fee. Put the check or cas in the bank and pay another $140.00. Buy a car for what's left pay another 1%, Pay for it with credit card, etc. Pay another 1%. Pay your credit card bill, pay another 1%, etc, etc, ad nauseum. Check out H.R.4646. Some say it can't pass, but that's what they said about Obamacare.