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To: GailA
Imposes a 3.8 percent tax on home sales ...
Add in a 5% or 6% realtor fee and you're looking at losing almost 10% of your home's value.
Taxes have become a tool not only to redistribute the wealth, but also a way to control the population.
No money - no freedom.
6 posted on 04/29/2010 7:29:22 AM PDT by oh8eleven (RVN '67-'68)
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To: oh8eleven; All
Correct me if wrong but my understanding is that it is on capital gains over a certain thresh hold: $250k or something close to that.

Still bad enough. It'll really hit retirees who seek to downsize or sell a home they've long since paid for.

9 posted on 04/29/2010 7:31:42 AM PDT by riri
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To: oh8eleven

Unreal. The public is so stupid. Keep watching them NCAA ball games and reality TV.


16 posted on 04/29/2010 7:52:09 AM PDT by Frantzie (McCain=Obama's friend. McCain & Graham = La Raza's favorite Senators)
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