• Joe Taxpayer gets a paycheck from XYZ Company.
  The government gets 1% of the transaction.
   
• Joe Taxpayer puts his money in ABC Bank.
  The government gets 1% of the transaction.
   
• Joe Taxpayer gets money at the ATM machine.
  The government gets 1% of the transaction.
   
• Joe Taxpayer pays for dinner for his family.
  The government gets 1% of the transaction.
   
• Joe Taxpayer buys groceries using his
  Handy-Dandy credit card to pay for them.
  The government gets 1% of the transaction.
   
• Joe Taxpayer pays his credit card bill.
  The government gets 1% of the transaction.
   
• Joe Taxpayer buys a house for $40,000 down.
  (A mortgage and the mortgage company pays
  $160,000 to the house seller.)
  The government gets 1% of the transactions.
   
• Joe Taxpayer makes a mortgage payment.
  The government gets 1% of the transaction.
   
• Joe Taxpayer saves his money by buying
  a Certificate of Deposit.
  The government gets 1% of the transaction.
   
• Joe Taxpayer cashes in his CD at the bank.
  The government gets 1% of the transaction.
   
• Joe Taxpayer pays his daughter's tuition.
  The government gets 1% of the transaction.
   
• Joe Taxpayer tips the doorman.
  The government gets 1% of the transaction.

That is, for every dollar it is only 1 penny
+ 1 penny + 1 penny + 1 penny + ad infinitum