It just gets better! Thanks goes to our Supreme Ruler and his crony DC clowns.... and let's not forget Judge Roberts!!

Home Sales Tax--effective Jan. 1, 2013

When does your home become part of your health care? After 2012!
Your vote counts big time in 2012, make sure you and all your friends and family know about this!

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The National Association of Realtors is all over this and working to get it repealed, -- before it takes effect.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? 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 eren't aware of it either.

http://arlingtonrealestatenews.com/the-3-8-tax-to-real-estate-transaction-effective-january-1-2013/

I guess that isn't a tax on the middle class either..

And it means your home is worth less than the depreciated value after the bubble burst as well.

Always amazed me that the banks that caused the problem got the bailout instead of being prosecuted and fined, and the taxpayers got the bill and lost their homes and jobs....

Then there's the "Lie-More" (LIBOR) scandal......

Now add this and Obozocare....guess they really do want it all!

Snopes'd it.

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

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First of all, the Medicare tax will be imposed only on individuals with an income above $200,000 and couples with a joint income more than $250,000, a figure which currently excludes about 97% of all U.S. households. Second, the tax will not be assessed on every house sale, but only on real estate transactions that produce profits over a specified dollar amount. As Sara Orrange, Government affairs director of the Spokane Association of Realtors noted in response to a repetition of the "sales tax" rumor in the Spokane Spokesman-Review:

In his recent guest column regarding the impact of the health care bill, Paul Guppy of the Washington Policy Center claimed that a 3.8 percent tax on all home sales was a part of the recently passed legislation. This is inaccurate and needs to be corrected. The truth about the bill is that if you sell your home for a profit above the capital gains threshold of $250,000 per individual or $500,000 per couple then you would be required to pay the additional 3.8 percent tax on any gain realized over this threshold. Most people who sell their homes will not be impacted by these new regulations. This is not a new tax on every seller, and that correction needs to be made. This tax is aimed at so-called "high earners" — if you do not fall into that category you will not pay any extra taxes upon the sale of your home.

There is no profit in home sales anymore....