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More Obamacare Taxes?
On 03/03/2011 8:24 AM, HenryK wrote:
On 3/3/2011 10:04 AM, Harryk wrote: ngle person in your address book because you can make a difference. Do you ever check out these bat**** posits from the GOP before you post them? The tax will only apply to earners of high incomes and there are ways to shelter against it. Stick to syrupy pseudo-patriotism, Herring. That and your racism will keep you safe. Shelter is a word you uber rich tax evaders use to legitimize your greedy thieving from the gubmint. Works for me. I shelter all I can and draw out at low tax rates. Part of why I quit working, why work for the government without government benefits? With cash in the bank, a low cash flow need situation I can draw out the IRA at a low tax rate. Defer 35% taxes in, pay 9% taxes on the way out. Something you can only do if you don't work for a wage, have a positive cash flow and don't play the debt squirrel and carrot game. -- 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. |
More Obamacare Taxes?
On Thu, 03 Mar 2011 09:00:29 -0500, 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. As usual, you're a fool. http://www.snopes.com/politics/taxes/realestate.asp |
More Obamacare Taxes?
On Thu, 03 Mar 2011 10:04:23 -0500, Harryk
wrote: On 3/3/11 9:00 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. Do you ever check out these bat**** posits from the GOP before you post them? The tax will only apply to earners of high incomes and there are ways to shelter against it. Stick to syrupy pseudo-patriotism, Herring. That and your racism will keep you safe. It's impolite to ask rhetorical questions of an idiot. |
More Obamacare Taxes?
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More Obamacare Taxes?
On Thu, 3 Mar 2011 13:28:35 -0600, Boating All Out
wrote: In article , says... On Thu, 03 Mar 2011 09:00:29 -0500, John H wrote: As usual, you're a fool. A case could be made for that. Posting something so easily disproven. http://www.snopes.com/politics/taxes/realestate.asp Now here's the difficult question. Who is lying? John or Snopes? hmmm. John's not lying. That takes a level of sophistication of which he is not capable. |
More Obamacare Taxes?
On Thu, 3 Mar 2011 06:28:12 -0800 (PST), "Jack." wrote:
On Mar 3, 9:00*am, John H wrote: Got this as an email. Havent' had a chance to check it out yet. Doesn't sound good. It's in there, but because it's only levied against high income earners (200k single, 250k married), and the capital gains exeptions and requirements wrapped around it, very few will ever pay anything. You should take a moment to google this kind of stuff before you spread it around. If I sell my house for $500K, will I not have an AGI of greater than $250K? Or am I misreading something. Like I said, I didn't have time to research it. |
More Obamacare Taxes?
On Thu, 3 Mar 2011 13:28:35 -0600, Boating All Out wrote:
In article , says... On Thu, 03 Mar 2011 09:00:29 -0500, John H wrote: As usual, you're a fool. A case could be made for that. Posting something so easily disproven. http://www.snopes.com/politics/taxes/realestate.asp Now here's the difficult question. Who is lying? John or Snopes? hmmm. Dear BAO, If you'll read the first line of my post, you'll find this: "Got this as an email. Havent' had a chance to check it out yet. Doesn't sound good." So, knowing there were a bunch of real smart people here, I let you do the 'checking out'. You did. Thanks! I appreciate your friendly cooperation! |
More Obamacare Taxes?
On 3/3/11 5:19 PM, John H wrote:
On Thu, 3 Mar 2011 13:28:35 -0600, Boating All wrote: In , says... On Thu, 03 Mar 2011 09:00:29 -0500, John wrote: As usual, you're a fool. A case could be made for that. Posting something so easily disproven. http://www.snopes.com/politics/taxes/realestate.asp Now here's the difficult question. Who is lying? John or Snopes? hmmm. Dear BAO, If you'll read the first line of my post, you'll find this: "Got this as an email. Havent' had a chance to check it out yet. Doesn't sound good." So, knowing there were a bunch of real smart people here, I let you do the 'checking out'. You did. Thanks! I appreciate your friendly cooperation! Herring's trolling...as usual. |
More Obamacare Taxes?
On Mar 3, 9:00*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...amacare-taxes-... 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. Are you bitter , because this is happening to you? Seems like it is. |
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