H.R.6411 - Inclusive Prosperity Act

To impose a tax on certain trading transactions to strengthen our financial security, expand opportunity, and stop shrinking the middle class. view all titles (2)

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Short: Inclusive Prosperity Act as introduced.
Official: To impose a tax on certain trading transactions to strengthen our financial security, expand opportunity, and stop shrinking the middle class. as introduced.

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atayl3 10/25/2012 11:57am

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“The Inclusive Prosperity Act”…The name alone should alert you to the fact that this is an effort to redistribute wealth.

This bill contains an international (tax for U.N distribution) on any real estate transaction in the U.S. Of course it’s only imposed on the “evil” people in the U.S. (that’s sarcasm in case you don’t recognize it).

(A) IN GENERAL- An exchange shall be treated as the sale of the property transferred and a purchase of the property received by each party to the exchange.

And here it is in the same resolution….Agenda 21 crap.

© fund international sustainable prosperity programs such as health care investments, AIDS treatment, research and prevention programs, and international assistance.

It’s also loaded with that “The Secretary will determine” verbiage which puts the power in the hands of one person, the Secretary of the Securities and Exchange Commission, instead of elected legislators.

Please urge your legislators to vote “no” on H.R. 6411