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PASS THIS TO YOUR FRIENDS--THEY NEED TO KNOW
It is worse than we thought--thanks to Barack; government owns 3.8% of most of your assets. As of January 1, 2013, your home will lose 3.8% of its value--government will own that.
"You should obviously talk to your tax consultant if you are thinking about selling your home around the start date of January 1, 2013.
Those who live in the hardest hit states relative to the real estate crash, California, New York, and Florida will be more likely to be subject to this new tax. As usual, Congress treats these states the same as Idaho and other lower cost real estate markets.
The bottom line is that once again you were not told what was in ObamaScare. This is being played like the classic left class warfare and only the Rich will get hit. You can bet the Rich will dump their subject properties before this kicks in so Obama and Co. will have to come up with another revenue source and you can bet it will be the middle class. This will only serve to deepen the housing market trough."
Another part of the reason America is in a Depression and it will continue for a generation. Money meant for retirement and inheritance is instead going to government. Special interests and unions win, working people, again, lose to the Democrat machine.
Angry yet? That is what November 2 is about, regime change; take back your homes, jobs and country.
More...
It is worse than we thought--thanks to Barack; government owns 3.8% of most of your assets. As of January 1, 2013, your home will lose 3.8% of its value--government will own that.
"You should obviously talk to your tax consultant if you are thinking about selling your home around the start date of January 1, 2013.
Those who live in the hardest hit states relative to the real estate crash, California, New York, and Florida will be more likely to be subject to this new tax. As usual, Congress treats these states the same as Idaho and other lower cost real estate markets.
The bottom line is that once again you were not told what was in ObamaScare. This is being played like the classic left class warfare and only the Rich will get hit. You can bet the Rich will dump their subject properties before this kicks in so Obama and Co. will have to come up with another revenue source and you can bet it will be the middle class. This will only serve to deepen the housing market trough."
Another part of the reason America is in a Depression and it will continue for a generation. Money meant for retirement and inheritance is instead going to government. Special interests and unions win, working people, again, lose to the Democrat machine.
Angry yet? That is what November 2 is about, regime change; take back your homes, jobs and country.
More...