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    ObamaCare Federal 3.8% Real Estate Tax!

    Carol
    Carol
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    ObamaCare Federal 3.8% Real Estate Tax! Empty ObamaCare Federal 3.8% Real Estate Tax!

    Post  Carol Sun Jul 15, 2012 12:20 pm

    Beginning January 1, 2013, the legislative monstrosity that is ObamaCare imposes a 3.8% Medicare tax on unearned income over $250k, including the sale of single family homes, townhouses, co-ops, condominiums... even rental income. The fact that this hefty ObamaCare real estate tax was hidden from the public until it was passed -and by the most dubious means- is utterly appalling, but sadly may just be the tip of the iceburg as they slowly unwrap this POS... God knows what's in there.



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    What is life?
    It is the flash of a firefly in the night, the breath of a buffalo in the wintertime. It is the little shadow which runs across the grass and loses itself in the sunset.

    With deepest respect ~ Aloha & Mahalo, Carol

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