To: grumpygresh
You would pay the 3.8% tax on any
profit above 250,000 for individual and
above 500,000 profit for a couple.
We don't need to spread dishonest fear mongering rumors on FreeRepublic. Obamacare requiring citizens to buy health insurance is bad enough.
48 posted on
12/20/2011 7:23:30 PM PST by
listenhillary
(Look your representatives in the eye and ask if they intend to pay off the debt. They will look away)
To: listenhillary
What a relief! Thanks to Obama nobody needs to worry about a profit on the sale of their house. He helped us avoid taxation. Isn’t he just the best?! /s
51 posted on
12/20/2011 8:10:15 PM PST by
Mom MD
(The country needs Obamacare like Nancy Pelosi needs a Halloween mask)
To: listenhillary
Isn’t there also an average $17/mo cost to all mortgages....to fund the PAYROLL tax cut....??? That hits the middle class.
68 posted on
12/21/2011 9:10:40 AM PST by
goodnesswins
(Banning Christmas (and Christmas decorations) is something that commies do.)
To: listenhillary
A friend of mine, a Canadian, owns 3 condos on the beach in Maui that are worth around 5M total. He’s thinking of selling two of them. Will foreigners be subject to this tax as well? (condos are all rentals) and all paid for. One was recently inherited.
74 posted on
12/21/2011 1:23:32 PM PST by
sanjuanbob
(Festina Lente)
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