Quote:
Originally Posted by baddog
So, if I sell one of my houses I have to pay a higher tax. Why? I believe you neglected to mention inheritance taxes are going up too.
I am sure there are others, but I really don't feel like arguing with a wall right now.
Maybe later.
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It is true that under Obama the PROFIT portion of a home sale will be taxed at a slightly higher point than under Bush, but thanks to Bush how many people are selling homes for a profit these days?
Most people nowadays have upside down mortgages, meaning they now OWE more than their properties are even worth!
The percentage of people who will be effected by a marginal tax increase on the PROFIT of their home sales is meaningless.
If you win the lottery you pay taxes on the windfall - same thing applies to inheritance taxes. It's like complaining that you will have to pay taxes on something you just got for free, and even then, Obama's inheritance taxes are not higher than McCain's until you receive over 3.5 million in inheritance!
Wah wah wah!
If you are a moron, then vote for McCain.
If you are a racist, then vote for McCain.
If you are an intelligent person, who gives a shit about the future of this country, and not just Big Oil, then wake the fuck up, and vote Obama for REAL change!