Honey child, you are just going to love this bit of information....mmmmm, well maybe not so much! This is one of the surprises coming our way regarding the new Obama Health Care Bill which will hit thousands of citizens after the end of 2012. Surprise! Surprise!! Surprise!!!
"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:
ObamaCare Flatlines: ObamaCare Taxes Home Sales - Clobbers Middle-Class Americans Posted April 8, 2010
“I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes,”
President Obama, September 12, 2008
http://www.gop.gov/blog/10/04/08/obamacare-flatlines-obamacare-taxes-home"
Gee I hope some kind soul will enlighten us regarding this scary little ole event coming our way....Say it isn't so, Say this is just some smart alleck tryn' to upset us poor unaware citizens...please, honey child...please!!!! I for one do not believe everything I read...but this just might be true...ya think??
Congrats on your retirement (seriously!)
Enjoy a great 4th of July!!!