Debt Free America Act. Under the debt free america act, the one percent fee on transactions in the united states would be directed to eliminating america's national debt. A bill must be passed by both the house and senate in identical form and then be signed by the president to become law.
I know this is not stirckly an agent orange issue. Debt free america act (govtrack.us) full text read the bill: Debt free america | reviews | better business bureau® profile.
Some versions of this erumor allege that the bill was being sneaked into law by members of congress but that is also fiction.
But i would recommend everyone to research hr 4646 that is pending in congress. His “debt free america act” (h.r. One idea for raising taxes to pay down the debt is the bill introduced this february by rep. To establish a fee on transactions which would eliminate the national debt and replace the income tax on individuals.
