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To: nascarnation

“so the $30,000 gain would be subject to the new 3.8% tax”

No. If it’s a married couple, the taxable gain needs to be higher than $500,000 to trigger the tax - $30,000 isn’t going to do it. This is another “soak the rich” tax.


12 posted on 07/24/2012 2:53:02 PM PDT by green iguana
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To: green iguana

It’s another “soak-the-rich tax” for NOW. Just wait.


15 posted on 07/24/2012 5:24:28 PM PDT by FrdmLvr (culture, language, borders)
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