On 03/03/2011 7:00 AM, John H wrote:
Got this as an email. Havent' had a chance to check it out yet. Doesn't sound
good.
Did you know that if you sell your house after 2012 you will pay a 3.8% sales
tax on it?
That's $3,800 on a $100,000 home etc.
When did this happen? It's in the health care bill. Just thought you should
know.
SALES TAX TO GO INTO EFFECT 2013 (Part of HC Bill)
REAL ESTATE SALES TAX
So, this is "change you can believe in"?
Under the new health care bill - did you know that all real estate transactions
will be subject to a 3.8% Sales Tax? The bulk of these new taxes don't kick in
until 2013 if you sell your $400,000 home, there will be a $15,200 tax. This
bill is set to screw the retiring generation who often downsize their homes.
Does this stuff make your November and 2012 vote more important?
Oh, you weren't aware this was in the ObamaCare bill? Guess what, you aren't
alone. There are more than a few members of Congress that aren't aware of it
either.
http://www.gop.gov/blog/10/04/08/oba...are-taxes-home
Why am I sending you this? The same reason I hope you forward this to every
single person in your address book because you can make a difference.
I hope Americans didn't think all this Obama spending was free? Obama
is about ripping off a productive middle class for dysfunctional losers.
That is what socialism is. Promise losers lots for votes and pay for
it by punitively taxing the productive.
Part of why new investment capital isn't going to the US is because of
the threat of this taxation, which is inevitable at $14.5 trillion of
debt that is about to be expanded.
In fact, if congress doesn't cut much deeper, and hold the line on debt
expansion I am about to write off the US as recovering in less than 2
decades. The damage the debt is doing is totally ignored by liberal
debt spenders. But sure is packing an inflation hit.
Hey, at 10% real inflation, I am going to invest in a US company for 3%
return? Hey, dream on liberal debtors, dream on.
--
Socialism is a great ideal as long as someone else pays for it. And when
no one is left to pay for it, they all can share nothing.