sales tax on home sales starting 2013: 2013 sales tax on Home Purchase RED FLAG ALERT
- 06/19/10 06:00 AM
WHO VOTED FOR THIS INSANITY????? Real Estate sales tax:Under the new health care bill - did you know that all real estate transactions are now subject to a 3.8% Sales Tax? The bulk of these new taxes don't kick in until 2013 (presumably after Obama's re-election). You can thank Nancy, Harry and Barack and your local Democrat Congressman for this one. If you sell your $400,000 home, there will be a $15,200 tax. This bill is set to screw the retiring generation who often downsize their homes. Is this "Hope & Change" great or what. Just about the time we could see (0 comments)