Real Estate sales Tax

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2500 HD
Posts: 1410
Joined: Tue Jan 15, 2008 11:39 pm

Real Estate sales Tax

Post by 2500 HD »

Surprised? How many more surprises in ObamaCare?
Somebody's got to pay for all that free stuff for the poor folk and illegals.
Put it on your calendar for Nov. 2, Put out the trash !




Were you all aware of this?

Real Estate Sales Tax



If you are planning to downsize or move up it would be best if done by 2013 !!
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 (presumably after obama’s re-election). You can thank Nancy, Harry and Barack and your local Democrat Congressman for this one. 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. Is this Hope & Change great or what? Does this stuff makes your November and 2012 votes 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 (result of clandestine midnight voting for huge bills they've never read). AND, there are a few other surprises lurking.

People have the right to know thetruth because an election is coming in November!

User avatar
Tim H
Posts: 992
Joined: Fri Jan 14, 2005 8:32 am
Location: Fishers, IN

Re: Real Estate sales Tax

Post by Tim H »

Well, at least they passed it so we would know what's in it. It's making for a good read, I wonder what other surprises are going to be discovered once we finally read the whole thing. Seems like a real page turner. I'm glad Nancy suggested we not get any sneak peeks, it would have spoiled the surprises.
"Watch your dog and SHUT-UP"

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