Obama’s tax plan is so radical-28% tax on selling your home-this needs to be hammered into everybody’s mind.I’ve heard nothing about it. Half of america seems to be in a zombie state of mind still.
Please show your source. While this would be pretty typical for a super-liberal like Obama, the data I have seen would maintain the $500K threshold for the capital gains tax on selling a home. Anything under $500K would not be subject to the tax.
Unless you know something that I cannot dig up... if so, please share so we can all use it.