04-20-2011, 12:55 PM
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#10
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“Hypocrisy: prejudice with a halo”
Join Date: Mar 2007
Location: Savannah, Georgia
Posts: 21,393
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Quote:
"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." - President Obama, Sept. 12, 2008.
Beginning in January of 2012, ObamaCare imposes a 3.8% Medicare tax on unearned income, including the sale of single family homes, townhouses, co-ops, condominiums, and even rental income. This tax covers all income levels.
In reality, this is sadly similar to a "good news / bad news" joke.
The bad news is that the President is going to make you pay capital gains on any profit you make selling your home.
The good news is that during Obama's watch, the value of your house has fallen significantly.
In fairness, we hasten to add that this is not all his fault. The Bush Administration and Republicans and Democrats alike are also to blame.
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Can't agree with it all but there are some really good points here....
http://www.thedemocrat.com/site/news...&PAG=461&rfi=9
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Anyone but the this most fuked up President in History in 2012!
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