Wednesday, January 26, 2011

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 . When did this happen? It's in the health-care bill.



 
Just thought you should know.


SALES TAX TO GO INTO EFFECT 2013 (Part of HC Bill)

REAL ESTATE SALES TAX

So, this is "change you can believe in"?


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 .   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.  Does this stuff make your November and 2012 vote more important?

In February 2010, 5.02 million homes were sold, according to the National Association of Realtors.  On any given day, the sale of a house, town home, condominium, co-op, or income from a rental property can push middle-income families over the $250,000 threshold and slam them with a new tax they can’t afford.  


This new ObamaCare tax is the first time the government will apply a 3.8 percent tax on unearned income.  This new tax on home sales and unearned income and other Medicare taxes raise taxes more than $210 billion to pay for ObamaCare.   The National Association of Realtors called this new Medicare tax on unearned income “destructive” and “ill-advised” and warned it would hurt job creation.


Oh, you weren't aware this was in the obama-care bill?  Guess what, you aren't alone.  There are more than a few members of Congress that aren't aware of it either.


Check it out at the link below.



http://www.gop.gov/blog/10/04/08/obamacare-flatlines-obamacare-taxes-home

 
Why am I am telling you this? 
The same reason is I hope you will tell this to every single person in your you know  because another election is   coming soon, be aware!  (Press congress now for change & vote in two years to end these tactics.) 

Another link to more information.

If you find more information on this post please share it here.  We want to stay informed on what we share.
Blessings
HHC

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