alex sink
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Thread: alex sink

  1. #1
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    alex sink

    Just another reason to vote republican this November. Alex Sink supported this bill and said in a taped interview it was better than nothing. Sure for her, she has her eight million from her Bank of America no bid back room deals. Like selling a home in Florida is not hard enough, Sink doesn’t care. Not about you or me or the citizens of this state. She only wants to get elected! I’ll take Scott anyday.

    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 re-election). 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!

  2. #2
    Guest

    Re: alex sink

    From FactCheck.org:

    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.

    View the full response http://www.factcheck.org/2010/04/a-38-p ... your-home/

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