I thought you might find this interesting, -- maybe even SICKENING!
The National Association of Realtors is all over this and working to get it repealed, -- before it takes effect. But, I am very pleased we aren't the only ones who know about this ploy to steal billions from unsuspecting homeowners. How many realtors do you think will vote Democratic in 2012?
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, -- and it goes into effect in 2013. Why 2013? Could it be so that it doesn't come to light until after the 2012 elections? So, this is "change you can believe in?"
Under the new health care bill all real estate transactions will be subject to a 3.8% sales tax. Now you tell me, just what the hell does real estate tax have to do with your healthcare?
If you sell a $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 make your November, 2012 vote more important?
Oh, you weren't aware that this was in the ObamaCare bill? Guess what; you aren't alone! There are more than a few members of Congress that weren't aware of it either.
You can check this out for yourself at: http://www.gop.gov/blog/10/04/08/obamacare-flatlines-obamacare-taxes-home
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
Not entirely true, It's not a sales tax because it doesn't apply to the full sale price of the home, only the profit made in the sale.
ReplyDeleteIt's not going to apply to the vast majority of Americans, only those whose income is more than $200,000 ($250,000 for couples).
It's not going to apply to most people selling their home because they won't be getting $250,000 more than they paid for it ($500,000 for couples).
Its just the beginning enjoy- all you Obama loving whack jobs.
ReplyDelete9:28 Obama will tax us at every angle he can, any tax is just more burden on a already tax to to death
ReplyDeleteAmerica
I thought Obama promised no more ear marks on legislation? This is HIS bill! The Liar
ReplyDeleteThere is also the 3.8% Medicare Surtax. ALL, yes all income is taxed. THis includes interest, dividends, capital gains (the home), annuities, royalties and passive rental income.
ReplyDeleteWelcome to understanding the law AFTER IT IS PASSED
Interesting fact Mr. 9:45 - Since President Obama has been in office, federal taxes have been slightly lower (not that he makes that decision anyway). You are mad at a figment of your own imagination.
ReplyDeleteJust because it won't apply to 'vast majority of Americans' doesn't make it fair. Is it fair to those that it applies? I don't think so. Any tax that isn't fair across the board is an unfair tax and should be repealed.
ReplyDelete10:53 not in my world I own a company and paying more taxes ,whoops almost forgot you must be one of those entitlement sucking leaches .
ReplyDelete