The National Association of Realtors is all over this and working to get it repealed, -- before it takes effect.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. Now you tell me, what does real estate tax have to do with your healthcare?
If you sell a $400,000 home, there will be a $15,200 tax. This bill is set to hit 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: http://www.gop.gov/blog/10/04/08/obamacare-flatlines-obamacare-taxes-home
Related:
Settling the Question of a Real Estate Tax in ObamaCare
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