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3.8% Tax on Unearned Income
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Life and Love:MV8xOTI1ODYyXzMyMjQ3NzgzXzFDNUY0NUQz] [quote:Bravo Two 4331153:MV8xOTI1ODYyXzk4MzRFN0U=] 1. It is not a real estate tax. 2. The tax only applies to those lucky enough to have [u][b]unearned income[/b][/u] (from dividends, interest, rent, or capital gains) in excess of their Adjusted Gross Income of $200k for single and $250k for married. A small percentage of the population will be impacted. [/quote] The only question of importance to ask is, "How much is enough?" [/quote]
Original Message
1. It is not a real estate tax.
2. The tax only applies to those lucky enough to have
unearned income
(from dividends, interest, rent, or capital gains) in excess of their Adjusted Gross Income of $200k for single and $250k for married. A small percentage of the population will be impacted.
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