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This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!

 
chosen

User ID: 1109979
United States
09/25/2010 02:12 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
THAT IT IS SO MUCH B.S. (TO HELP THOSE WHO WON'T HELP THEM SELVES)
Anonymous Coward
User ID: 1067150
United States
09/25/2010 02:12 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
You commie socalist! That $3800 is MINE NO ONE ELSES!

As americans we dont have to help anyone, thats what this country is about.


I can safely say that if America really stood for that... you really are a bunch of CUNTS who dont deserve any penny you find on the street!!

iamwith
 Quoting: julieisawoowoo

The only CUNT here is you, why the fuck should i have to pay for someone else to live when i can barely afford to myself !!! Thats what europe is , a bunch of LAZY FUCK MOOCHERS that EXPECT the handouts, FUCK YOUR LAZY ASS!! IF you can't earn your own keep then FUCKIN PISS OFF
Anonymous Coward
User ID: 625043
United States
09/25/2010 02:12 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
There is a 3.8% tax however it will effect very few people. Many people are misinterpreted the law. I think this link will show that.
[link to www.factcheck.org]
 Quoting: Anonymous Coward 699871


Factcheck=Soros=Propaganda=Lies.
Anonymous Coward
User ID: 1108598
United States
09/25/2010 02:14 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
OH NOES THE HORROR YOU HAVE TO CHARE!!! OMG!!! WORLD IS
COMMING TO AN END! YOU CANT LIVE WITHOUT THE 3800 DOLLARS
YOU WILL DIE! ...

 Quoting: Satanslittlehelper


Spoken like a true Libtard -- always Generous with other people's money.

_
Anonymous Coward
User ID: 658249
Netherlands
09/25/2010 02:14 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
that's 6% here long time.
unless I sell within 3 or 6 months.

You pay less tax if you sell quickly? What do you mean?


I mean what I say.
I guess that's for 'dealers'..
they pay tax on profits.

I dont pay taxes on profit I make on selling a house.
besides the 6%.

So is it 6% tax on the profits, or 100% tax on 6% of the sales price?

Here in the USA the average house is probably taking more than 3 months to sell, by a private seller to a private buyer, because our market is slow now.
 Quoting: oniongrass


6% on the sale price.
I buy a house, 100.000
I pay 6000
on top of the 100.000

10 years later I sell the house.. say at 200.000
the buyer pays 6%, 12.000 on top of the 200K

we dont pay 6% if we buy a new built house.
(then we pay VAT)
but if I sell it, the buyer pays 6%.
Anonymous Coward
User ID: 628959
United States
09/25/2010 02:18 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
Screw realtors.
Anonymous Coward
User ID: 1109815
United States
09/25/2010 02:19 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
There seems to be a lot of talk about this hidden tax but every review I read does not pinpoint what the name of the health care law is nor where in that law this tax is mentioned. Can anybody give the law name and the page this so-called tax is mentioned?
Anonymous Coward
User ID: 1067150
United States
09/25/2010 02:19 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
You commie socalist! That $3800 is MINE NO ONE ELSES!

As americans we dont have to help anyone, thats what this country is about.


I can safely say that if America really stood for that... you really are a bunch of CUNTS who dont deserve any penny you find on the street!!

iamwith


Sadly dude its true. :(
 Quoting: Anonymous Coward 1100541

sadly dude, you are a complete shithead. probably one of those dope smokin libs sitting on his porch strumming shit tunes on the six string. stupid ass white-boy with dreadlocks.............................
Anonymous Coward
User ID: 985286
United States
09/25/2010 02:23 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
Odd. I read the bill and didn't see this in it. Can I get a citation please?
 Quoting: Cactus Mark

Yes, Please.
Anonymous Coward
User ID: 1105019
United States
09/25/2010 02:25 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
Now everyone when you sell your home..the government now gets a piece of that to "redistribute"... 3.8%!!

Every 100,000. home will now give $3,800. to Uncle Sam!!

[link to www.canadafreepress.com]
 Quoting: Butterfly girl

You should really do your research before you post something to scare people.
Q: Does the new health care law impose a 3.8 percent tax on profits from selling your home?

A: No, with very few exceptions. The first $250,000 in profit from the sale of a personal residence won’t be taxed, or the first $500,000 in the case of a married couple. The tax falls on relatively few — those with high incomes from other sources.

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.

[link to www.factcheck.org]
Anonymous Coward
User ID: 1064000
Canada
09/25/2010 02:25 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
Outrageously stupid. What do homes have to do with health care? While I recognize that Obama needed to reform the broken health care system, the bill that was finally passed is a a total cop out and is mostly to the benefit of special interests, insurance companies and pharmaceutical companies. All the while he was stating that it is not a tax increase, even though it turns out that the bill contains many tacked on tax increases, and it creates a required fee to the insurance companies, which is by definition a tax. America needed health care reform, and Obama's intentions were good yet a person cannot really be happy with the cowardly way that the democrats handled this bill. I guess that's politics.
Anonymous Coward
User ID: 617668
United States
09/25/2010 02:26 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
Screw realtors.
 Quoting: bed


What the hell do realtors have to do with this communist bill?
Anonymous Coward
User ID: 1105019
United States
09/25/2010 02:27 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
Now everyone when you sell your home..the government now gets a piece of that to "redistribute"... 3.8%!!

Every 100,000. home will now give $3,800. to Uncle Sam!!

[link to www.canadafreepress.com]
 Quoting: Butterfly girl

Can you edit your lies out? Your above statement is completely FALSE!
Anonymous Coward
User ID: 887877
United States
09/25/2010 02:27 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
You commie socalist! That $3800 is MINE NO ONE ELSES!

As americans we dont have to help anyone, thats what this country is about.


I can safely say that if America really stood for that... you really are a bunch of CUNTS who dont deserve any penny you find on the street!!

iamwith
 Quoting: julieisawoowoo

You got that right, I don't even think twice when walking past pennies on the street. I only pick up silver or better. Booyah! We's be rich bitch.
Anonymous Coward
User ID: 1108598
United States
09/25/2010 02:31 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
Odd. I read the bill and didn't see this in it.
Can I get a citation please?

Yes, Please.
 Quoting: Anonymous Coward 985286


Bottom of page 33 of the RECONCILIATION Bill, here: [link to frwebgate.access.gpo.gov]

And it does say the tax falls on "net gain ... attributable
to the disposition of property."
That would include the
sale of a home
-- all Accountants are advising their clients as such.



Weren't you listening to Nancy Pelosi?!


She wasn't lying (for once) when she said it:



_
Anonymous Coward
User ID: 1097562
United States
09/25/2010 02:35 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
And nothing will change because people are asleep or too lazy to rise up against these thieves and send them packing.
Anonymous Coward
User ID: 1109939
United States
09/25/2010 02:39 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
Another.. You gotta pass it before you know what is in it. Talk about a pig in a poke.

Legislation must be limited to only on item instead of pork barrel end runs that don't have a prayer and are not related. This kind of legislation should be null and void.
Anonymous Coward
User ID: 1105019
United States
09/25/2010 02:41 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
Now everyone when you sell your home..the government now gets a piece of that to "redistribute"... 3.8%!!

Every 100,000. home will now give $3,800. to Uncle Sam!!

[link to www.canadafreepress.com]

You should really do your research before you post something to scare people.
Q: Does the new health care law impose a 3.8 percent tax on profits from selling your home?

A: No, with very few exceptions. The first $250,000 in profit from the sale of a personal residence won’t be taxed, or the first $500,000 in the case of a married couple. The tax falls on relatively few — those with high incomes from other sources.

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.

[link to www.factcheck.org]
 Quoting: Anonymous Coward 1105019

Do you people ever read any comments besides the OPs? wtf
Anonymous Coward
User ID: 985286
United States
09/25/2010 02:45 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
We seem to tolerate Realtors taking 6% and more, I guess the govt figured another 4% wouldn't be noticed.

I don't know how Realtors have been getting such a fat commission for so long. Do real estate agents get such big commissions in other countries?
 Quoting: oniongrass

Ah.. guys.. the Prime Meat goes to the Bankers themselves.. amorization schedules on a 10 year, 15 year, 20 year, and 30 year note at any given Annual Percentage Rate tells you all you need to know: How much the Banks make in INTEREST... (and they make it from you, the buyer)is way beyond a simple 1%, 4%, 6%... Ah the MAGIC of COMPOUND INTEREST over long time spans.

The Bill was thousands and thousands of pages long... that is an incredible amount of detail and a huge number of links, gotos, gosubs, returns, word definitions, labels, etc. and in many ways written as if it were a hyperlinked hypertext document.

To understand all that is going on in it and all it is doing and how is very similar to doing a machine language disassembly of MS Windows 1.0, line by line, instruction by instruction.. it really is a "spagetti code" monsterous piece of work.

REPEAL THE BILL.
Anonymous Coward
User ID: 1013311
United States
09/25/2010 02:45 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
Advocating theft over charity?

cruise


Why is it, those with no money always know what those with money, should be doing with it?



When a rat / snitch, turns someone in for a crime, he also steals the criminals opportunity to repent, and turn himself in.

In like manner....

Stealing a mans money, besides being a crime, also steals his opportunity to be charitable....


The righteous man, no matter how hard he hurts, will not ask for your charity, much less, steal from you...
Anonymous Coward
User ID: 1076378
United States
09/25/2010 02:45 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
5a

The end of the economy as we know it will bring great joy.
Anonymous Coward
User ID: 1063303
United States
09/25/2010 02:45 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
There is a 3.8% tax however it will effect very few people. Many people are misinterpreted the law. I think this link will show that.
[link to www.factcheck.org]
 Quoting: Anonymous Coward 699871


So when my dad, over 70 years old, goes to sell his house he will get taxed on a house he has owned for over 30 years. That's real nice!
Anonymous Coward
User ID: 1108598
United States
09/25/2010 02:46 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
[link to www.factcheck.org]

Do you people ever read any comments besides the OPs?

 Quoting: Anonymous Coward 1105019



What the hell does a tax on the sale of
our homes have to do with health care?!


.
Boatsmac

User ID: 799750
United States
09/25/2010 02:46 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
You commie socalist! That $3800 is MINE NO ONE ELSES!

As americans we dont have to help anyone, thats what this country is about.


I can safely say that if America really stood for that... you really are a bunch of CUNTS who dont deserve any penny you find on the street!!

iamwith
 Quoting: julieisawoowoo



Cunts??? Why should I have to pay for the ass sucking, left wing, progressive, tree hugging, mommy spanked you too much, dead weight that has caused more harm and destroyed freedom and is responsible for millions of families to stay poor?


I can safely say that when someone else tells me that I must pay for the dead weight, there's a problem. And if I disagree, I go to jail. That way we keep the system going and then someone else will pay for my upkeep and the staff to support my vacation.

Wake up!

I did not anything about charitable values. Read:

Generous in giving money or other help to the needy.


Note that it did not say anything about having the government force or extort my value for someone else gain.


rockon
Anonymous Coward
User ID: 1013311
United States
09/25/2010 02:46 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
And nothing will change because people are asleep or too lazy to rise up against these thieves and send them packing.
 Quoting: Anonymous Coward 1097562



and you use this excuse to justify your own inaction?
Anonymous Coward
User ID: 1108633
United States
09/25/2010 02:48 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
this should work out well seeing as residential and commerical property pricing is going to be globalized. IE 1 dollar a month mortgages for 50 years s226
Anonymous Coward
User ID: 948111
United States
09/25/2010 02:48 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
you voted for change... now you have it. Next time do your research before you cast your vote and don't be controlled by the media
Anonymous Coward
User ID: 1109815
United States
09/25/2010 02:49 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
that's 6% here long time.
unless I sell within 3 or 6 months.

You pay less tax if you sell quickly? What do you mean?


I mean what I say.
I guess that's for 'dealers'..
they pay tax on profits.

I dont pay taxes on profit I make on selling a house.
besides the 6%.

So is it 6% tax on the profits, or 100% tax on 6% of the sales price?

Here in the USA the average house is probably taking more than 3 months to sell, by a private seller to a private buyer, because our market is slow now.


6% on the sale price.
I buy a house, 100.000
I pay 6000
on top of the 100.000

10 years later I sell the house.. say at 200.000
the buyer pays 6%, 12.000 on top of the 200K

we dont pay 6% if we buy a new built house.
(then we pay VAT)
but if I sell it, the buyer pays 6%.
 Quoting: Anonymous Coward 658249

You need to deduct $500,000 Capital gains deduction first. Whatever is left over is taxed at 3.8% only if your normal gross income is over $200,000.
Boy, I got to do your thinking for you too?
Anonymous Coward
User ID: 1109940
United States
09/25/2010 02:50 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
Now everyone when you sell your home..the government now gets a piece of that to "redistribute"... 3.8%!!

Every 100,000. home will now give $3,800. to Uncle Sam!!

[link to www.canadafreepress.com]

You should really do your research before you post something to scare people.
Q: Does the new health care law impose a 3.8 percent tax on profits from selling your home?

A: No, with very few exceptions. The first $250,000 in profit from the sale of a personal residence won’t be taxed, or the first $500,000 in the case of a married couple. The tax falls on relatively few — those with high incomes from other sources.

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.

[link to www.factcheck.org]
 Quoting: Anonymous Coward 1105019



oh, so the neocon radical republicans on this forum are caught in another propagnda post that gets pinned ?

ROFL...these fukers should fill out a job application for FOX NEWS.
Anonymous Coward
User ID: 1109745
United States
09/25/2010 02:50 PM
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Re: This is outrageous! Hidden tax on home sales in "Healthcare bill" 3.8%!!
People are being taxed over and over for the same thing.

The only way out is to end all taxes and then start the simple way of only taxing new purchases. So if you bought a used home there would be no tax at all (ever).





GLP