This blog site goes hand in hand with http://killingofamerica.com
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 goes into effect in 2013.
Why 2013? Could it be to come to light 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 or sell their homes so they can afford to move into a retirement community. Does this make your 2012 vote 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