Tax’s In H. C. Bill

Bob Pearcy — Tue, 21 Sep 2010 13:47:01 +0000

This was not all true and this article was printed in the Spokesman-Review to clarify it.

Home sales tax clarified

The 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. Sara Orrange Government affairs director Spokane Association of Realtors

Original article follows

Lets get rid of all the people that voted for this bill, We have to Clean House!

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 healthcare 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 (presumably after Obama’s reelection). 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.

Why am I sending you this? The same reason I hope you forward this to every single person in your address book. People have the right to know the truth because an election is coming in November!

Remember These Things at Election This Year

Bob Pearcy — Fri, 05 Feb 2010 19:58:52 +0000

Lets make sure that we don't forget in November 2010, the house is dirty and we need to clean it.

Cafferty can say a lot in a short time and does not beat around the bush. These two videos total under 4 minutes.

Let's clean the House in November and one third of the Senate, I mean totally clean. Don't leave one incumbent in office, they just get more corrupt the longer they are there. Remember, We Put Them There! And only we can take them out.

I really feel that there should never be a reelection, not term limits but term limit. One term in one office in one lifetime, then go home and back to work. No retirement, or special lifetime favors like health insurance etc.