Politics and homeowners
By marie2052
@marie2052 (3691)
United States
February 15, 2012 3:48pm CST
My husband learned about this at work and told me to let others aware. Figured this would be the best place since we all want to be informed.
Folks,
We have to vote this man and all his cronies out!
Home Sales Tax
Who Knew!
HOME SALES TAX
I thought you might find this interesting,
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this and working to get it repealed, before it takes effect.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 percent 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 percent sales tax.
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:
www.gop.gov/blog/10/04/?08/?obamacare-flatlines-obamacare-t?axes-home
I hope you forward this to every single person in your address book.
VOTERS NEED TO KNOW
2 people like this
6 responses
@bobmnu (8157)
• United States
16 Feb 12
I find myself in a difficult position because I do not like the Health Care Law. This is only a tax on the rich. The first $250,000 of profit is exempt from tax and the first $500,000 for married couples. Most homeowners will not be affected by this tax for now. There are a few problems with this tax. First, it does not appear to be indexed so in a few years it will affect many more people just like the Alternative Minimum (Income) Tax. Once the tax is in effect it can be easily chnaged to include more people to raise more tax revenue.
Second if this is such a good idea why is it not impleted until 2013, after the election?
It talks about a limit on income to be exempt from the tax. However if the defination of "Income" is changed the profits from the sale of a house could become income and that changes who now has to pay taxes on the sale of a house.
Like so many things in the Health Care Bill they had to pass it to find out what is in it.
1 person likes this
@bobmnu (8157)
• United States
16 Feb 12
The same thing happened with the Stimulus Bill except the spent the money but don't know where it went. Now we have things coming out about the Health Bill that we had no idea that it was in the bill. Even Rep Stupak who was told that Abortions would not be covered until now we find that it maybe. Many of the regulations will be determined by the Health and Human Secretary. Maybe the Sect. will decide that Beef is bad for us and ban it. After all the EPA has decided that our breathing is causing pollution (CO2). These people seem to think that we need to be protected from ourselves.
1 person likes this
@marie2052 (3691)
• United States
16 Feb 12
Oh My Goodness Bob I hear Nancy Pelosi saying that Well we have to pass the bill to find out what is in it.
Did she not hit the nail on the head?
@lawdude (237)
• United States
16 Feb 12
I checked this out and learned the following: the 3.8% sales tax will only apply to individuals selling a principal residence with an annual income exceeding $200,000 and married couples exceeding $250,000. However, there is a capital gains exclusion for the first $250,000 per individual and $500,000 per married couple. So a married couple earning more than $250,000 per annum that sells a principal residence with a capital gain of $500,000 would pay no tax. If their gain is $600,000, they would pay a 3.8% sales tax on $100,000,or $3,800. The new levy will affect very few people. Don't forget that many states already levy sales taxes on the sale of homes.
Everybody hates taxes and government is inherently dishonest and always looking for ways to beef up revenues while nobody is looking. You just can't blame Obama. The Florida legislature is on record recently of opposing any increase in the sales tax but trying to charge motorists an additional 700 million a year in fees to beef up general revenues.
@marie2052 (3691)
• United States
25 Feb 12
hi lawdude.
they already did raise our yearly rates on the DMV. It doubled!
The girls at the DMV were so scared to come to work year ago September that they had the police there to keep from having any problems with people hearing their plates had been raised on what they had to pay. I genuinely felt sorry for the workers.
@marie2052 (3691)
• United States
16 Feb 12
I am not so worried about the candidate being able to stand on his own to feet against the Prez as I am miscounted votes sleezy underhandling and a majority of other hosts.
I used to be in the medical field. I got to see viruses and bacteria under a microscope.
Look at the Prez under the microscope and you will see the same thing.
I just can't believe the US will survive four more years of him.
I cant figure out which one is worse the Rattler snake or the Black Widow Spider. But he has to rate right there with them with his venom he is using to take this nation down.
@LovingMyBabies (85923)
• Valdosta, Georgia
15 Feb 12
Ugh! Why does this not surprise me with this moron? (No offense to anyone). He will ruin this country completely if we do not do something to get him out!!!
We all need to see the things he has done and is still doing!
This morning on the Fox News channel it showed he STILL has a 50% approval rating according to american voters!!! Are people SERIOUSLY going to give him more time to mess this country up??? REALLY? How can anyone approve of what he has done????
1 person likes this
@marie2052 (3691)
• United States
16 Feb 12
Part of what both you ladies are asking will be another discussion I will do and it will allow you to actually see how Americans are actually being used to gain advantage to him.
But its late so look for the discussion in the morning I will put it on.
Thanks for reading this discussion.
All I can say is keep informed. Just don't become overwhelmed
and its ok to get mad just don't kick the radio or TV so you can keep getting information
@deodavid (4147)
• Philippines
15 Feb 12
Hey there marie,
This is very sneaky putting it on a healthcare bill and for 2013, wow and he wishes to run again in 2012 wow this is really a lot to take, im no american yet but 90% of my family are so this is just sneaky i would love to here Obama on a debate and answer because this is just outright sneaky to me. And he has to explain why add more tax to the general public whom is already paying a lot of taxes.
@marie2052 (3691)
• United States
16 Feb 12
If you heard the news today they are attaching the Birth Control bill to another bill completely different.
so this his how he is underhandedly getting all these bills popped out and passed.
