Sunday, July 15, 2012

Thanks Barack… Obamacare Will Add 3.8% Medicare Tax on Sales of Homes, Condos, Townhouses and Rentals

Gateway Pundit  Remember how Bush 41 caught the bejeebers over his 'read my lips" pledge?
I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.”
"The GOP Conference Blog reported:
"This new ObamaCare tax is the first time the government will apply a 3.8 percent tax on unearned income. This new tax on home sales and unearned income and other Medicare taxes raise taxes more than $210 billion to pay for ObamaCare. The National Association of Realtors called this new Medicare tax on unearned income “destructive” and “ill-advised” and warned it would hurt job creation."

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