View Full Version : HOME SALES TAX .............
carter200
08-24-2012, 06:15 PM
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.
The National Association of Realtors is all over this and working to get it repealed, -- before it takes effect.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 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)http://www.gop.gov/blog/10/04/08/obamacare-flatlines-obamacare-taxes-home (http://www.gop.gov/blog/10/04/08/obamacare-flatlines-obamacare-taxes-home)
I hope you forward this to every single person in your address book.
VOTERS NEED TO KNOW
efnfast
08-24-2012, 06:27 PM
Nancy says just pass it, you can read it later. Nice huh. there is a lot of stuff it that heath care bill. Feds will have total access to your bank acounts.
We really need this not to happen. I don't understand how people think we're headed in the right direction. Maybe it's just the welfare people that like it. Certainly is a good plan for them.
WE THE PEOPLE. We're coming.
vilant
08-24-2012, 08:49 PM
That's thing about bills, politicians stuff a bunch of taxes, loopholes, side projects, etc. into them. Taking something that is meant to do good, and screw everyone in the process. I personally don't care for the bill, but understand the need for it. There's literally millions of uninsured people out there, and a lot aren't on welfare. God knows how many w/ insurance have been denied and screwed because of a "pre-existing condition". I don't what the solution is, or how to raise the money for it, but just about every Westernized nation has universal health care, besides us.
SteelBlueZR1
08-24-2012, 10:34 PM
Uh... Actually, according to FactCheck.org the information you are relying on is mostly false and/or misleading:
Ask FactCheck • A 3.8 Percent “Sales Tax” on Your Home?
Q: Does the new health care law impose a 3.8 percent tax on profits from selling your home?
A: No, with very few exceptions. The first $250,000 in profit from the sale of a personal residence won’t be taxed, or the first $500,000 in the case of a married couple. The tax falls on relatively few — those with high incomes from other sources.
We’ve been flooded with queries about this one ever since the health care bill became law. At the last minute, Democratic lawmakers decided on a new 3.8 percent tax on the net investment income of high-income persons. But the claim that this would amount to a $15,200 tax on the sale of a typical $400,000 home is utterly false.
The truth is that only a tiny percentage of home sellers will pay the tax. First of all, only those with incomes over $200,000 a year ($250,000 for married couples filing jointly) will be subject to it. And even for those who have such high incomes, the tax still won’t apply to the first $250,000 on profits from the sale of a personal residence — or to the first $500,000 in the case of a married couple selling their home.
XfireZ51
08-24-2012, 10:48 PM
Shaun,
And the operative word is PROFIT!
scottfab
08-25-2012, 12:29 AM
I checked the FACTS
As usual things get circulated like this that are part bull sh$t.
The truth is there is no tax unless you have an income that is much
higher than the average on this forum.
If your adjusted gross income is more that $250,000/ur yes you may have to pay 3.8% but that is not even absolute.
Check it out:
http://www.snopes.com/politics/taxes/realestate.asp
Thank God we finally have a federal healthcare plan.
Now there will be fewer freeloaders from Mexico going into
the emergency room with no insurance.
Now it won't be only me paying for my health insurance.
We need less fear mongering and more fact.
efnfast
08-25-2012, 06:23 AM
So less Mexicans with no insurance. But, who is going to pay for their insurance.
Insurance itself is a scam. So you think the insurance company is paying your bills with money that isn't your's? Plus the money you feed into the insurance scam has to pay all the people that work for them and build the biggest buildings in the city.
scottfab
08-25-2012, 06:46 AM
So less Mexicans with no insurance. But, who is going to pay for their insurance.
Insurance itself is a scam. So you think the insurance company is paying your bills with money that isn't your's? Plus the money you feed into the insurance scam has to pay all the people that work for them and build the biggest buildings in the city.
Read the law. They have to pay. Each of us have to pay. And no more can insurance companies cut out folks that need coverage the most.
No more free emergency room care or vastly less.
Don't think turning this tread into an Insurance debate and how it works fits the title of the thread... It's a different topic than a supposed new House tax that effects the more affluent.
Insurance is not a scam per se. How these bastard rich companies run it is. The top executives get outrageous pay and dole out vast sums to elect Rominites and folks that will support their operations.
The idea of insurance is to spread out and share risk and loss. It's a good concept.
The healthcare act helps people and not companies that's why there is so much money behind stopping it. All the accusations of "communism" and "socialism" are scare tactics aimed at the dull minded people that prefer not to think.
efnfast
08-25-2012, 07:04 AM
I congratulate you. I have not read the law. Based on your post, I have to assume you did.
scottfab
08-25-2012, 08:10 AM
I congratulate you. I have not read the law. Based on your post, I have to assume you did.
Yes, I did read that part and it's intentions.
I try to make sure I know enough of the facts on things before
I post on them. And I ALWAYS check my facts on radical mail or Facebook claims made by the left or right.
It saves me from passing on bad information (most of the time but not all).
I still can't understand the thinking of our lawmakers in not increasing tax on the very and extreme wealthy in this country. It's widely known that the two richest (Gates and Buffet) are in favor of this.
It has to be the big money keeping lawmakers from doing the right thing.
Corruption is abound. It's not just Romney and his maneuvering of the Bain company or his embarrassing tax dodges (or his multiple overseas numbers swiss bank accounts) It's senators on both sides of the isle.
efnfast
08-25-2012, 09:00 PM
I think our state govenors do ok, after that they look after their own best interest, not ours.
Coruption abounds.
It's not just Obama or Romney, it goes far deeper than that and we're screwed.
WE THE LITTLE PEOPLE.
Where can I obtain a copy of the health care bill. Seems there are a lot of posts ( not just here) that quote the heath care bill. I'd love to be able to check it.
gbrtng
08-25-2012, 09:57 PM
the U.S. House of Representatives passed the Patient Protection and Affordable Care Act (H.R. 3590) by a vote of 219 to 212 -
You can find it at thomas.loc.gov just search using the bill number - happy reading.
scottfab
08-26-2012, 01:02 AM
copy I looked at:
http://usgovinfo.about.com/library/PDF/hr3590.pdf
I'd say I read about 1/4 of it.
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.
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 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 (http://www.gop.gov/blog/10/04/08/obamacare-flatlines-obamacare-taxes-home)
I hope you forward this to every single person in your address book.
VOTERS NEED TO KNOW
Who gives a flying Phuck.
I have bought 1 home and sold zero they can tax it 75 % as far as i give a sh!t.
If your buying and selling homes for a living basicly flippng homes then it's a business just like any other business pay tax,WTF
Some of you need to open your freaken eyes,but i guess the politicians like idiots while they fleece.
Pete
scottfab
08-26-2012, 01:33 AM
Who gives a flying Phuck.
I have bought 1 home and sold zero they can tax it 75 % as far as i give a sh!t.
If your buying and selling homes for a living basicly flippng homes then it's a business just like any other business pay tax,WTF
Some of you need to open your freaken eyes,but i guess the politicians like idiots while they fleece.
Pete
I only applies to those making over $250k/yr
efnfast
08-26-2012, 10:57 AM
copy I looked at:
http://usgovinfo.about.com/library/PDF/hr3590.pdf
I'd say I read about 1/4 of it.
Really, I'm pleased to hear that. Nice to know someone has read it. It doesn't scare you? All I hear is bad (as in scary) info coming out of it. Not sure socialized medicine is a good thing, but we kinda have it already. Seems like this bill has way too much unrelated and scary stuff buried in it. AND, I've had enough political talk, that's not why I come to this forum. I'm just really scared the way this country seems to be headed. Now we have all the big money running the country, but I think that is better than the government haveing complete control. -Steve
scottfab
08-26-2012, 03:34 PM
Really, I'm pleased to hear that. Nice to know someone has read it. It doesn't scare you? All I hear is bad (as in scary) info coming out of it. Not sure socialized medicine is a good thing, but we kinda have it already. Seems like this bill has way too much unrelated and scary stuff buried in it. AND, I've had enough political talk, that's not why I come to this forum. I'm just really scared the way this country seems to be headed. Now we have all the big money running the country, but I think that is better than the government haveing complete control. -Steve
The thing that should make the most sense to all of us about not having federal healthcare bill is this. The vast majority of those in emergency rooms get there care free. We, those that pay premiums are paying for it. And it's not the doctors fault it's the big money behind the insurance and drug companies. IT"S COMPLETELY INSANE how much they make and the tactics are now refined. They systematically eliminate one point of coverage or another and you don't find out until you need $ to cover it. AND God help you if you have a "pre existing illness" you just get to die. Even if you go the the emergency room by that time it's too late and you'll be stalled and delayed for real treatment until you're dead.
The big company money is what scares me the most. As kids we were all fed a crock when it comes to different forms of government. We were heavily drown in propaganda vilifying the "reds" not for who they were but for the form of government. That is sick. What the hell difference does it make? In my many years of international travel I've learned to accept other forms of government. We don't have to be that way but I accept them as viable. A pure capitalistic society does not exist, nor does a pure socialistic or communistic.
Big company money and it's greed is what has lead to the big realestate meltdown, the bastards. If big money kept say 50% of what
their labor (working people) create that'd be one thing. Fact is the %
keeps shifting north of 90% and the stupified middle class keeps buying the BS being fed to them. Meanwhile the middle class is shrinking.
I the last 3yrs 1/3 of the middle class can not be considered poor.
Look, do your own evaluation of political ads. Look for "fear mongering" in them. The same tactics were used by Hitler to rally support for his war machine. Tea bagers are just one hyper conservative faction. And there are some equally scary brain dead liberal movements.
I'm personally a moderate. Neither conservative not liberal. On some issues I'm strongly conservative on others liberal. I say we need more people that "think" and less fear mongering and hate.
FYI all bills that go though the house and senate have "pork" added to them now a days. A sad fact of our system.
A balance of big money and government for the people is what we need. A government "for and by" the people.
I figured it out i'll give up my citizenship,then i'll get everything for free :) the rest of you can pay LOL
You guys wanna try something next time you meet one of those communists from Canada, Austria or England ask them how many people they know in there country that had to file bankruptcy lost there home because of health reasons,just watch the wierd look you will get from them and then the questions will start.
Pete
efnfast
08-26-2012, 04:11 PM
Wow, well said Scott, I think I agree with that.
People need to contribute, enough with the freebies and government hand outs. Which I think I see Obama doing a lot of. But, its so hard to see who is really doing what. We all lives to lead.
Scott, on a side and personal note. This will help me decide whether or not to keep my mind open to your thoughts.
Are you a taxpayer?
What ever happend to a government "for and by the people".
We the people, we're still here and getting stronger every day.
scottfab
08-26-2012, 06:55 PM
...snip....
Scott, on a side and personal note. This will help me decide whether or not to keep my mind open to your thoughts.
Are you a taxpayer?
What ever happend to a government "for and by the people".
We the people, we're still here and getting stronger every day.
I sure do pay taxes. I have been for 41 years. And you know what? I've never resented doing so or even thought of the money being withheld as being my money. It's what I figure is the price of admission for living in the greatest country in the world. (warts and all) And I have seen a very large number of those countries.
efnfast
08-26-2012, 07:27 PM
Pleased to here that, and I value your opinion. Can't say I've seen anything outside the USA. I also don't mind paying my fair share. I do not like supporting those that will not help themselves.
scottfab
08-27-2012, 01:17 AM
Pleased to here that, and I value your opinion. Can't say I've seen anything outside the USA. I also don't mind paying my fair share. I do not like supporting those that will not help themselves.
The system is broke in a fundamental way when it comes to federal assistance (my opinion). There are all these incentives for federal workers to maintain a long list of folks being helped and little or none to motivate the bureaucrats to get people to get off assistance. The reason is simple. Bureaucrats keep their jobs based on how many they help. If they are successful in getting the rolls down then they work themselves out of a job (no one to help therefore no job)
Sure we can blame those that don't help themselves too but seems to me many are setup to stay at the lowest rungs of society. Needs to be a sort of "pay for performance" but would be called "assistance for performance".
It's definitely something that the party currently out of office could exploit as a plank in there political platform but they'd rather point at the broader issue of the economy which ever American knows full well is not Obama's fault.
You ever really study both sides and their ads? Finger pointing mostly. We need "ideas" and something other than generalities.
I am currently studying Paul Ryan. From what I can see he'd be a better Pres candidate than the one with all the overseas bank accounts.
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