RE: [metaphysics-672] 2012 REALTY TAX: HIDDEN IN THE NEW HEALTH CARE LAW

From: Tom M.
Sent on: Friday, November 25, 2011 2:36 PM
Many laws pass under the radar that are attached to other bills and laws....

These laws pass many times only because there is all this extra stuff to appease the lobbyists and other corrupt policy makers...

They too often only give a day or so for government people to read 1000s of pages in the bills, and then vote...

The government is bought and paid....by the elite

These days I expect to find this stuff as it is "business as usual"  in Washington

What surprised me was that so many people got behind obamacare because they wanted decrease medical insurance costs and provide coverage for all.... and that is a noble cause...and while obamacare may not be the answer....

what  surprises meis that no body asks the question why are medical costs so high in the first place?

there was a time when the average person could afford their own medical expenses and deals were worked out between patient and doctor....what changed?

Why has medical expenses risen so much....same with education?

-T


Tom Menditto, Ph.B, TCQT
The Dao Center LLC
Life Coach, Tai Chi Teacher, and Speaker
[masked]

"The Greater the struggle, the more glorious the triumph"
-The Butterfly Circus-

--- On Fri, 11/25/11, Rosemary Toth <[address removed]> wrote:

From: Rosemary Toth <[address removed]>
Subject: RE: [metaphysics-672] 2012 REALTY TAX: HIDDEN IN THE NEW HEALTH CARE LAW
To: [address removed]
Date: Friday, November 25, 2011, 7:15 PM

MAIN QUESTION:  WHAT IS THIS DOING IN THE OBAMA HEALTH CARE LAW????


From: [address removed] [mailto:[address removed]] On Behalf Of Martin
Sent: Friday, November 25,[masked]:21 PM
To: [address removed]
Subject: RE: [metaphysics-672] 2012 REALTY TAX: HIDDEN IN THE NEW HEALTH CARE LAW

This IS BS:  http://www.snopes.com/politics/taxes/realestate.asp   The cites linked to the original e-mail below DO NOT in any way confirm the original e-mail. 

The long and the short of it is that you ONLY pay the tax if you make a $500,000 PROFIT on the sale of your home, and THEN you only pay the tax on the portion of that profit that is OVER that $500,000. 

So, if you sell your house for $100,000, you obviously DO NOT make a $500,000 profit.  THEREFORE, you DO NOT pay ANY of this tax.

Even if you sell your $300,000 house for $750,000, you DO NOT make a $500,000 profit.  THEREFORE, you DO NOT pay ANY of this tax.

AND EVEN IF you sell your $300,000 house for $1,000,000, you only pay this 3.8% tax (i.e. only $7,600) on the EXTRA $200,000 in profit you made over $500,000.  What you do NOT pay is 3.8% tax on $1million (i.e. $38,000 in taxes.)

I can live with this, as most people can.  To say that this tax will stress out “all” homeowners is just BS, unless you real goal is to needlessly scare people….


From: [address removed] [mailto:[address removed]] On Behalf Of Rosemary Toth
Sent: Friday, November 25,[masked]:35 PM
To: [address removed]
Subject: RE: [metaphysics-672] 2012 REALTY TAX: HIDDEN IN THE NEW HEALTH CARE LAW

THIS IS NOT BS.  CHECK WITH YOUR LOCAL REALTOR.


From: [address removed] [mailto:[address removed]] On Behalf Of Diane
Sent: Friday, November 25,[masked]:34 AM
To: [address removed]
Subject: RE: [metaphysics-672] 2012 REALTY TAX: HIDDEN IN THE NEW HEALTH CARE LAW

http://urbanlegends.about.com/od/government/a/Health-Care-Real-Estate-Tax.htm
This is basically bullshit.  See link above.


From: [address removed]
To: [address removed]
Subject: [metaphysics-672] 2012 REALTY TAX: HIDDEN IN THE NEW HEALTH CARE LAW
Date: Fri, 25 Nov[masked]:13:38 -0500

HERE'S A GOOD ONE FOR FACEBOOK AND TWITTER!  GET THE WORD OUT!  FAST!


Subject:   An Obama health care law benefit guaranteed to stress out all home owners.  

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 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. Does this make your November and 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.  

I hope you forward this to every single person in your address book. VOTERS NEED TO KNOW and your congressman too!  





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