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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. |
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