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Default More Obamacare Taxes?

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.
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Default 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.


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.
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Default More Obamacare Taxes?

On Mar 3, 9:28*am, "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.


Yeah, I know... exeption needs an "m". :-)
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Default 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.
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First recorded activity by BoatBanter: Dec 2010
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Default More Obamacare Taxes?

On 3/3/11 6:26 PM, I_am_Tosk wrote:
In articleg8CdnaTc36tUhu3QnZ2dnUVZ_gadnZ2d@earthlink .com, payer3389
@mypacks.net says...

On 3/3/11 5:48 PM, wrote:
On Thu, 03 Mar 2011 17:13:05 -0500, John
wrote:

On Thu, 3 Mar 2011 06:28:12 -0800 (PST), wrote:

On Mar 3, 9:00 am, John 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.

Not unless you got the house for free.



Ahh, like Snotty Ingersoll.


Harry Krause. I inherited a house, just like you did your fathers
business. I don't know why you are stalking me like this, I find it
creepy that a pedophile is stalking me, what's your problem?



Ahh, but I didn't "inherit" my father's boat business. My mother did. I
sold off the inventory and my mom got the proceeds. Many years later,
after she died, I inherited her half of our one third share in the strip
mall partnership.

So, you have a pedophile stalking you? He/she must think you are
underage because you're such a short little ****.
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Default 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.


you forgot that, to the right wing, only the rich are important
  #10   Report Post  
posted to rec.boats
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First recorded activity by BoatBanter: Dec 2010
Posts: 1,909
Default More Obamacare Taxes?

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.


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