Friday, January 21, 2011

Proposed Real Estate Tax

Will you ever sell your house?
from guest blogger, Fred Buse, REO Expert

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. Just thought you should know.

SALES TAX TO GO INTO EFFECT 2013 (Part of HC Bill) 
Why 2013? Could it be to come to light AFTER the 2012 elections?

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 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. Does this stuff make your November 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
http://www.gop.gov/blog/10/04/08/obamacare-flatlines-obamacare-taxes-home
  
Why am I telling you this? The same reason I hope you forward this to every single person in your address book. VOTERS NEED TO KNOW. 

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