If you don't know here it is

[willy]

I had heard something about it but no details.
Thought you fellows should know.

Spread the word.

HOME SALES TAX

The National Association of Realtors is all over this and working to get it repealed, -- before it takes effect.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.

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




I hope you forward this to every single person in your address book.
VOTERS NEED TO KNOW

[RWilson2526]

Willy, just when I'm actually starting to listen to what you have to say about the state of the union you have to go and gum up the works with information like this.

Yes apparently there will be an additional 3.8% tax on top of the the capital gains tax on all profit ABOVE $500,000 on a primary home sale for a couple that makes more than $250,000 a year.

So no this is no where near a "sales tax" on every home purchase as your email makes it sound like. It is basically a 3.8% bump in capital gains tax on a primary home sale for couple making more than $250K a year on any profit up and above $500,000.

[awthacker]

Still has nothing to do with health care

[willy]

Rob you are right, I got that email and was so pissed off that I did not vet it all the way. Sort of like when Obama got elected.
You are correct but after some investigation I also found out some additional tid bits that explain that this tax will not stay the same for long.
For example the sole authority for determining whether it should be raised was not given to Congress.
Guess who?
Kathleen Sebiliuos the appointed head of the Dept. of Health and Human services. The grand overseer of the Obamacare bill.
Appointed by guess who? the Obamination himself.
So tell me when you have seen a government tax reduced by the Feds?
Tell me how establishing a one person Czar if you will to make all these important decision without any oversight by the Congress is a good thing?

[bgreene]

Next thing we'll learn of a special " V boat " tax retractive to the 1st production year !

Thanks for posting - I was not aware.

[Destroyer]

Originally Posted by RWilson2526

Willy, just when I'm actually starting to listen to what you have to say about the state of the union you have to go and gum up the works with information like this.

Yes apparently there will be an additional 3.8% tax on top of the the capital gains tax on all profit ABOVE $500,000 on a primary home sale for a couple that makes more than $250,000 a year.

So no this is no where near a "sales tax" on every home purchase as your email makes it sound like. It is basically a 3.8% bump in capital gains tax on a primary home sale for couple making more than $250K a year on any profit up and above $500,000.

And just what does that have to do with Health Care? Plus, why should people making more than 250K a year have to pay an additional tax? They already pay the heaviest tax burden of all of us. This is just additional class warfare against them. It stinks. WHY is it suddenly ok to punish people that have made the American dream?

[RWilson2526]

Originally Posted by Destroyer

And just what does that have to do with Health Care? Plus, why should people making more than 250K a year have to pay an additional tax? They already pay the heaviest tax burden of all of us. This is just additional class warfare against them. It stinks. WHY is it suddenly ok to punish people that have made the American dream?

First off I would rather see a tax actually go towards a particular program than go into the general fund and get pissed away at a conference or god knows what....Taxes are collected in numerous ways and spent in even more ways.

Secondly...please take that class warfare kool-aid your are selling and drink it yourself. People with money have been paying more taxes than people without in this country for at least a century. Maybe we should go back to medieval England and just send the tax collector from village to village and take a persons last goat or bushel of grain because the King needs it.

Now this is where you regurgitate the part about 50% of Americans pay no taxes. 50% of Americans who dont wind up paying federal income taxes after their standard deductions and child tax credits don't pay federal income taxes because they are f'ing living in near poverty.

So yes a husband and wife making 26,000 dollars a year with 3 kids will pay no federal income tax after their standard 11,700 standard deduction and 3700 per kid (same deductions you get by the way) THOSE BASTARDS!

And as long as I am at it, the other day you made a point that John McCAins voters were tax paying americans and Obama's voters were from inner city tenements.

Well last I looked they are Americans too and each vote counts the same as yours....maybe we should make their 2 votes count for 1 of ours.....hell why let the F'ers vote at all?

[Destroyer]

Originally Posted by RWilson2526

First off I would rather see a tax actually go towards a particular program than go into the general fund and get pissed away at a conference or god knows what....Taxes are collected in numerous ways and spent in even more ways.

Secondly...please take that class warfare kool-aid your are selling and drink it yourself. People with money have been paying more taxes than people without in this country for at least a century. Maybe we should go back to medieval England and just send the tax collector from village to village and take a persons last goat or bushel of grain because the King needs it.

Now this is where you regurgitate the part about 50% of Americans pay no taxes. 50% of Americans who dont wind up paying federal income taxes after their standard deductions and child tax credits don't pay federal income taxes because they are f'ing living in near poverty.

So yes a husband and wife making 26,000 dollars a year with 3 kids will pay no federal income tax after their standard 11,700 standard deduction and 3700 per kid (same deductions you get by the way) THOSE BASTARDS!

And as long as I am at it, the other day you made a point that John McCAins voters were tax paying americans and Obama's voters were from inner city tenements.

Well last I looked they are Americans too and each vote counts the same as yours....maybe we should make their 2 votes count for 1 of ours.....hell why let the F'ers vote at all?

(Working up from the bottom paragraph on your comments....)
You know, that's actually a good idea. I agree. We should have a law that if a person has been living on wellfare for X amount of time (not talking about injured, sick, elderly, or mentally handicaped people) they must attend classes to educate them so they become contributing, productive taxpaying members of society like everyone else. The idea is to make them productive. If they refuse to attend classes, or if they have been on wellfare for over what ...(?) 2 years (?) then they loose their right to vote. After all, if they are not contributing to the nations wealth then why should they have a say in how it's spent? Not saying take them off of any programs they are on, or any money they are receiving, just saying that they cannot vote until they are working and contributing like everyone else.

Next, I didn't make that point about McCain's votes, that point was made by Professor Joseph Olson of Hamline University of Law in St. Paul, Minnesota. I mearly repeated it here, and gave due credit to him for the comment.

Next, I'm not going to regurgatate anything. But since you brought up the subject, let me point out that you, not me, brought it up. And in response to your comment, I have no problem with working people that are actually trying to make it, I'm talking about the people that are sitting on their a$$es, collecting wellfare, food stamps, and a host of other Government programs and living quite comfortably while you and I and everyone else here pays for thier laziness.

Next, as far as that class warfare comment about me drinking the Kool-Ade, you're absolutely right. I have drunk it. I keep hearing about how the rich should pay their "fair share". But nobody defines what a "fair share" really is. So you tell me, what should the rich pay? 20%...30%? 50%? 75%? 100%? WHAT??? Cause each time somone needs more
money they just put another tax on the rich and say they should pay their fair share. And that my friend, IS class warfare. THAT'S what my post was about. Another 3.8% tax on top of the Capital Gains tax on wealthy people in order to help pay for Obamacare. You can only get so much blood out of a person and then they die. What happens to all these grandiose programs when there's no one left to tax?

And lastly, I totally agree with you that I'd like to see a particular tax go towards a particular thing, and nothing else. The problem is that the thieves in Washington see any money as theirs to do with as they see fit.. (Social security is a perfect example). I do not, however, agree with you that it's ok to keep piling taxes on the rich so they pay their "fair share". Not without a defination of what a "fair share" is.