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US Election 2012

When did your Home become part of your Health Care?

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Lil_O_Me On August 22, 2012

Deleted



, Kentucky
#1New Post! Jul 22, 2012 @ 01:58:10
After 2012 !

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 The National Association of Realtors is all over this and working to get it repealed, -- before it takes effect.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

Under the new HealthCare 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:

https://www.gop.gov/blog/10/04/08/obamacare-flatlines-obamacare-taxes-home
VOTERS NEED TO KNOW.
Budget Committee confirms this! Check it out above.
boxerdc On December 18, 2012

Deleted



,
#2New Post! Jul 22, 2012 @ 02:20:46
@Lil_O_Me Said

After 2012 !

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 The National Association of Realtors is all over this and working to get it repealed, -- before it takes effect.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

Under the new HealthCare 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:

https://www.gop.gov/blog/10/04/08/obamacare-flatlines-obamacare-taxes-home
VOTERS NEED TO KNOW.
Budget Committee confirms this! Check it out above.



Bulls***..

It's 3.8% on capitol gains over $250,000..

So, if you bought your house for $150,000 and sold it for $400,000, you pay no tax.

If you bought your house for $100,000 and sold it for $400,000, you pay 3.8% on $50,000

VOTERS NEED TO KNOW.... THE TRUTH

https://www.snopes.com/politics/taxes/realestate.asp
Leon On March 30, 2024




San Diego, California
#3New Post! Jul 22, 2012 @ 02:45:52
I thought sales taxes were usually passed on to the buyer.
Lil_O_Me On August 22, 2012

Deleted



, Kentucky
#4New Post! Jul 22, 2012 @ 03:00:32
After 2012 the seller pays a tax.

@Leon Said

I thought sales taxes were usually passed on to the buyer.
boxerdc On December 18, 2012

Deleted



,
#5New Post! Jul 22, 2012 @ 03:03:27
@Lil_O_Me Said

After 2012 the seller pays a tax.



The seller pays a capital gains tax on any profit over $250,000.. Nothing at all like what you're original copy and paste of a chain email that's 2 years old says..
Leon On March 30, 2024




San Diego, California
#6New Post! Jul 22, 2012 @ 03:15:22
@Lil_O_Me Said

After 2012 the seller pays a tax.


I don't think you understood what I was saying. Yes, the seller pays a tax, but, as in most sales taxes, the seller makes up for that by adding it to the sale price of whatever he is selling. In other words, that's why you pay a sales tax on things you buy in the store.

I would imagine the same thing would happen here. If there is a 3.8% tax, then the sale price of a $400,000 home would probably be $415,800, passing the bill to the buyer.
rocket48 On May 23, 2013




, Texas
#7New Post! Jul 22, 2012 @ 05:42:35
@Leon Said

I don't think you understood what I was saying. Yes, the seller pays a tax, but, as in most sales taxes, the seller makes up for that by adding it to the sale price of whatever he is selling. In other words, that's why you pay a sales tax on things you buy in the store.

I would imagine the same thing would happen here. If there is a 3.8% tax, then the sale price of a $400,000 home would probably be $415,800, passing the bill to the buyer.



Im glad you said that. The same hold trued for corporations or small business that makes over 250,000 a year. Of course they will pass it over to the consumer, so why are people wanting to tax the rich?
Leon On March 30, 2024




San Diego, California
#8New Post! Jul 22, 2012 @ 05:45:00
@rocket48 Said

Im glad you said that. The same hold trued for corporations or small business that makes over 250,000 a year. Of course they will pass it over to the consumer, so why are people wanting to tax the rich?


I don't think you will find very many people that want to tax the rich so much as they just want to close the loopholes that currently enable the rich to pay less in taxes than everyone else. Ever wonder why Romney won't reveal his tax returns?
Willi On August 21, 2018




northinmind,
#9New Post! Jul 22, 2012 @ 05:52:47
@boxerdc Said

Bulls***..

It's 3.8% on capitol gains over $250,000..

So, if you bought your house for $150,000 and sold it for $400,000, you pay no tax.

If you bought your house for $100,000 and sold it for $400,000, you pay 3.8% on $50,000

VOTERS NEED TO KNOW.... THE TRUTH

https://www.snopes.com/politics/taxes/realestate.asp


in this market?
we paid 170k, its worth 105k now
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