[chance33_98]

Insane.

[Goldi-Lox]

The People's Republic Of Maryland does not allow common citizens to prosper. Only the Elite Government Bureaucrats.

[VA Advogado]

Why does the title say sales tax? Home sales are not taxed by the feds or any state that I know of.

[RightOnline]

Since when is there a sales tax applied to a home??? Now, Federal / State taxes on the home as "income", I can see (hate it, but that's reality), but a sales tax???

[JavaTheHutt]

$500,000 in taxes? Ouch!

[Ditter]

He couldn't afford the electric bills either.

[Texas Gal]

They need to build those dream houses in cheaper places...taxes on houses are expensive. (It would be better if the taxes were less, though).

[Beernoser]

This would be tax on income just like a lottery winner.

My first year as a stock broker I won a free cruise. Turns out it was considered imputed income and was therefore taxable so my free cruise cost me $ 2,000 in income tax. I learned my lesson about free stuff.

[blondee123]

It probably is Income Tax. The value of the house is his winnings! Just like he won that amount of money, he would have to pay the Federal Government the taxes on that as "income".

[Jonathon Spectre]

Wow, this is disgusting almost beyond belief. Where are my pet statists from War on (Some) Drugs threads to talk about how great everything the government does is?

[fporretto]

Were you aware that, backstage at TV game shows such as "Jeopardy" and "Wheel Of Fortune," an IRS agent awaits anyone who's won a cash prize? He's there with forms he'll try to coerce them to sign, which voluntarily agree that their prizes are "income" and that authorize the show's producers to pay 20% withholding tax to the IRA. Those who don't sign get subsequent attention in the form of audit notices and, now and then, visits to their homes by IRS agents with pads of blank subpoenas.

Behind every curtain, around every corner, under every cushion waits the State's indispensable Taxman. There is nothing beyond his reach. This is natural, for there is no privilege the State guards more jealously than the power to take what is yours by right and turn it to its own use. They fear a real, grass-roots tax revolt more than the deepest pits of Hell.

Something to think about over your Wheaties.

Freedom, Wealth, and Peace,
Francis W. Porretto
Visit the Palace Of Reason: http://palaceofreason.com

[mewzilla]

Well, duh. What did this guy think was gonna happen? That the tax fairy was going to come along and take his new McMansion off the tax rolls for him? Sheesh, just sell the place, bud, and pocket what's left after taxes. And use your head the next time you think you want to enter a contest.

[goldstategop]

The only people who can afford a million dollar home are the mega wealthy. Most of us have to settle for homes priced in the $150,000-250,000 range in most of the country. Remember, its not just the mortgage and insurance - its the property taxes.

(No more Olmert! No more Kadima! No more Oslo! )