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REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!

 
Anonymous Coward
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United States
07/15/2012 09:46 AM
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REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
That is kind of lost in all of this but that is going to devastate an already weak real estate market, which will keep the value of your home artificially low. Enjoy!

fliploldance
Anonymous Coward
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07/15/2012 09:48 AM
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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
The US is too fat and stupid to see how this is going to send us right back into a recession, if not an all out depression.
Anonymous Coward (OP)
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07/15/2012 10:14 AM
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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
Thanks for finding this pinworthy

rockon
Renegade (Me too)

User ID: 18864337
Mexico
07/15/2012 10:29 AM

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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
Awww ... great. I'm sick of him making everything more complicated and taking a piece of everything.
Who is John Galt?
Anonymous Coward
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07/15/2012 10:36 AM
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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
Barrak Obama is a Kenyan Marxist riding dirty on us.
Saddletramp
We Don't Rent Pigs...

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07/15/2012 10:39 AM

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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
He was sent here to destroy us...

KD
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
MRoot

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07/15/2012 10:40 AM
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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!


Thanks for this Trinity.
"Betimes must rise who few reapers has, and see to the work himself; much will miss in the morn who sleeps: for the brisk the race is half run."
Har

"Time is but the stream I go fishing in. I drink at it, but while I drink I see the sandy bottom and detect how shallow it is. It's thin current slides away, but eternity remains."
Thoreau, Henry David
Anonymous Coward
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07/15/2012 10:47 AM
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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
I am outraged. Go ahead you retards, kick a faultering real estate market while its already down.

25% of American homeowners are already upside down on their mortgage. This will likely weaken home values and make that percentage larger.

EVERYONE in America should be fuming.
Anonymous Coward
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United States
07/15/2012 10:47 AM
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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
Oops 38,000
bendinglight

User ID: 2143478
United States
07/15/2012 10:49 AM

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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
57statesbushbama
yeswecan
Anonymous Coward
User ID: 18768713
United States
07/15/2012 11:24 AM
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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
The US is too fat and stupid to see how this is going to send us right back into a recession, if not an all out depression.
 Quoting: Anonymous Coward 14881771


We're already in a depression! What's lower than that?
Anonymous Coward
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United States
07/15/2012 11:27 AM
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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
I am outraged. Go ahead you retards, kick a faultering real estate market while its already down.

25% of American homeowners are already upside down on their mortgage. This will likely weaken home values and make that percentage larger.

EVERYONE in America should be fuming.
 Quoting: Anonymous Coward 9204853


They would be, if this had been done by a REPUBLICAN PRESIDENT.
The media would be running stories EVERY DAY about how much damage this will do.

Saturday Night Live would be running skits about it, David Letterman would have daily top 10 lists about it, The Daily Show would be faking outrage about it, the View would be interviewing women about the harm it is causing, and NBC would be running 'Specials" about it, almost nightly.

But, under a Democrat, COMPLETE SILENCE...

Do you people get it, yet???
Anonymous Coward
User ID: 1184364
United States
07/15/2012 11:32 AM
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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
But, but, but, Obammy and the liberals said it was free..and, and, and that it wouldn't affect the lower and middle class rofl

Bunch of useless tool, the libs

cruise

Thanks OP!
Anonymous Coward
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Poland
07/15/2012 11:35 AM
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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
bump
bendinglight

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United States
07/15/2012 11:38 AM

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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
The US is too fat and stupid to see how this is going to send us right back into a recession, if not an all out depression.
 Quoting: Anonymous Coward 14881771


We're already in a depression! What's lower than that?
 Quoting: Anonymous Coward 18768713


When we become in "reality"
Anonymous Coward (OP)
User ID: 14962676
United States
07/15/2012 12:03 PM
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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
When you tax something, you create LESS of it, therefore fewer real estate transactions will occur. Thus, the people down the food chain who rely on real estate transactions for their livelihoods will be negatively impacted the most, not the wealthy. As is the case with ALL redistributionist policies, the sum economic impact of a real estate transaction is never accounted for, only the part that satisfies the class-envy peons that have been conditioned to think confiscating the wealth of others somehow benefits them. And we wonder why the middle class is shrinking, when it must support an ever-expanding bureaucracy and an ever-expanding parasite class below.

You drones in the WH basement that have been infesting this site with your bullshit rebuttals over the past few months can all go smoke a stiff one. Your days in power are numbered.

granny
hcc
CatRWall

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07/15/2012 12:07 PM
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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
I am outraged. Go ahead you retards, kick a faultering real estate market while its already down.

25% of American homeowners are already upside down on their mortgage. This will likely weaken home values and make that percentage larger.

EVERYONE in America should be fuming.
 Quoting: Anonymous Coward 9204853


They would be, if this had been done by a REPUBLICAN PRESIDENT.
The media would be running stories EVERY DAY about how much damage this will do.

Saturday Night Live would be running skits about it, David Letterman would have daily top 10 lists about it, The Daily Show would be faking outrage about it, the View would be interviewing women about the harm it is causing, and NBC would be running 'Specials" about it, almost nightly.

But, under a Democrat, COMPLETE SILENCE...

Do you people get it, yet???
 Quoting: Anonymous Coward 19228212


^^^^^^^^^^
THIS x 1,000,000

I'm so f'ing pissed off at the media and the liberal establishment. And for the first 50 years of my life I WAS a liberal!
Earth Daughter

User ID: 18325407
United States
07/15/2012 12:11 PM

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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
Sounds like they don't want any of the slaves owning real estate.

First the shoddy loans which led to mass foreclosures.

Now, if you happen to scrap enough together to get a house and are lucky to jump through the gazillion hoops they require to get a loan these days, they are going to gouge every last cent out of you that they possibly can. Sounds like they want it to be difficult for the average person to own a home.

Last Edited by Earth Daughter on 07/15/2012 12:14 PM
"Arrows of hate have been shot at me too, but they never hit me, because somehow they belonged to another world, with which I have no connection whatsoever." - Albert Einstein
Anonymous Coward
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07/15/2012 12:16 PM
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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
I am planning on buying a house within the next year. What do my fellow GLPers think will happen prices after this is implemented? Do you think it will lower or raise prices?
Anonymous Coward
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Moldova, Republic of
07/15/2012 12:18 PM
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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
I am moving back to the stetes after the first of the year.. not gonna buy a house. Will buy a boat and park it on the intercoastal behind my work.. and live there.

Obama and the "wookie" hate America.. had a Republican first lady made the comment "all this for a damned flag" and the Pres agreed like Obama did they would already have been impeached and thrown the hell out.

Obama is a traitor...and I still am upset the military didn't escort the imposter out of the White House long ago.
Anonymous Coward (OP)
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United States
07/15/2012 12:20 PM
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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
This tax will impact senior citizens who have owned their homes for several decades, especially family farms. Yes, they will surpass the capital gains threshold and be taxed the 3.8% EVEN THOUGH THE ONLY THING THAT WILL QUALIFY THEM AS "WEALTHY" IS THAT ONE SINGLE TRANSACTION. They may be on fixed incomes otherwise.
Space Janitor
With my Monolith Burger Decoder Ring

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07/15/2012 12:29 PM

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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
The US is too fat and stupid to see how this is going to send us right back into a recession, if not an all out depression.
 Quoting: Anonymous Coward 14881771


We're already in a depression! What's lower than that?
 Quoting: Anonymous Coward 18768713


martial law oppression
put rock in geyser.
Anonymous Coward
User ID: 3344704
United States
07/15/2012 12:30 PM
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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
The US is too fat and stupid to see how this is going to send us right back into a recession, if not an all out depression.
 Quoting: Anonymous Coward 14881771


wow. send us right back into a recession???

are you new to glp or glp has a lot of idiots that will even say stuff like this. LOL

I hope it is just a typo.hahahahah peace
AmericanJedi

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United States
07/15/2012 12:33 PM
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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
That is kind of lost in all of this but that is going to devastate an already weak real estate market, which will keep the value of your home artificially low. Enjoy!

fliploldance
 Quoting: Anonymous Coward 14962676


Artificially low? Who the fuck are you kidding? Housing is almost as overpriced as cars.
(GLP aka American Jedi)

Listen here you beautiful bitch, I'm about to fuck you up with some truth.
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American Jedi

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Satis Eloquentiae, Sapientiae Parum....

"The last of the old?"

"No, the first of the new."
Anonymous Coward
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United States
07/15/2012 12:35 PM
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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
House prices are still too high anyway. Maybe this tax will help to lower prices.
Anonymous Coward
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United States
07/15/2012 12:35 PM
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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
Having this in place MIGHT stop idiots from trying to have multiple homes. You only need one, and that is the one you live in. Of course, this type of thing even encourages renting even more so. Who is going to front paying the 3.8%, the buyer or the seller?
Munsoned
The name's not boy, it's Roy!

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United States
07/15/2012 12:37 PM

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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
Obama sucks! Libs suck! Obamacare sucks! We're sick of this cocksucker and his lies. Why is there something in Ocare about gold transactions? Why do we need 16,000 new IRS agents to enforce healthcare. 13,000 pages of NEW tax code has now been written to enforce healthcare. Get these fucking Libs out of here for EVER!
Freedom requires breathing room, the Constitution presupposes that there will be some crazies among us so that the rest of us can enjoy freedom. - Judge Andrew Napolitano

A huge shit cloud is coming!
Anonymous Coward
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United States
07/15/2012 12:40 PM
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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
This tax will impact senior citizens who have owned their homes for several decades, especially family farms. Yes, they will surpass the capital gains threshold and be taxed the 3.8% EVEN THOUGH THE ONLY THING THAT WILL QUALIFY THEM AS "WEALTHY" IS THAT ONE SINGLE TRANSACTION. They may be on fixed incomes otherwise.
 Quoting: Anonymous Coward 14962676


QFT!

This is really important! In addition, those who might get foreclosed on, or otherwise sell at a loss will be charged the 3.8% tax on the GROSS proceeds. This is patently unfair, and applies to business property as well, so it may be a better business decision to trash the property, or even abandon it with the lowest possible residual value.

When observed from a sufficiently broad view, the entire Obama administration policy seems to be that of destroying infrastructure and the value of everything within the USA.

I won't be using obamascare for anything - I have too much personal integrity for that.
Anonymous Coward
User ID: 18044353
United States
07/15/2012 12:52 PM
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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
When you tax something, you create LESS of it, therefore fewer real estate transactions will occur. Thus, the people down the food chain who rely on real estate transactions for their livelihoods will be negatively impacted the most, not the wealthy......
 Quoting: Anonymous Coward 14962676


Dunno, last I noticed owning several properties and buying and selling properties is pretty wealthy to me.
I don't think you really have any idea what being "down the food chain" is really like. dead
Anonymous Coward
User ID: 1303469
United States
07/15/2012 01:00 PM
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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
Having this in place MIGHT stop idiots from trying to have multiple homes. You only need one, and that is the one you live in. Of course, this type of thing even encourages renting even more so. Who is going to front paying the 3.8%, the buyer or the seller?
 Quoting: Anonymous Coward 17566052





Seller pays.
Anonymous Coward
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United States
07/15/2012 01:04 PM
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Re: REMEMBER.... Under OBAMACARE, the 3.8% TAX on real estate transactions BEGINS JAN 1st!!!
He was sent here to destroy us...

KD
 Quoting: Saddletramp


This ^^^

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