Another Obama Nightmare

[BobbyToGo]

so lets say that after jan 1, 2011 you inherit a family farm in the midwest appraised at $1.5M

and then have to quick sell it for $1M to pay the inheritance tax, you will pay a transaction tax and perhaps

some cap gains tax as well. This is a slippery slope and opens the door to a new

and onerous mix of federal taxation.

...and thats O.K.?

[ajskj]

Because I like comedy.

That must be why you write so much of it.

so lets say that after jan 1, 2011 you inherit a family farm in the midwest appraised at $1.5M

and then have to quick sell it for $1M to pay the inheritance tax, you will pay a transaction tax and perhaps

some cap gains tax as well. This is a slippery slope and opens the door to a new

and onerous mix of federal taxation.

...and thats O.K.?

No. You pay on the PROFIT over five hundred thousand. How much PROFIT did you make on a house sold UNDER VALUE??

[carlablum]

You already know that this is a blatant lie, Carla. Obama has NOTHING TO DO WITH THIS. It is a bill that has NO COSPONSORS and NO CHANCE of ever being heard,let alone passed.

Please do some research.

Where in the post does it say he has something to do with it? LOL

Wow, if you calm down a bit you won't jump the gun on your obsession for the guy.

Just saying,

Carla

Read more: http://dinarvets.com/forums/index.php?#ixzz13OI7oGY3

[BobbyToGo]

you are wrong in my example. Ask at least an estate tax attorney before you

make more of a fool of yourself.

You might want to take more than 30 seconds to

deliberate on an answer so as to think your responses through in your effort

to provide relevant and competent rebuttals.

[coachsmitty]

Soon we'll be taxed for taking a dump.

[Scrappydoo]

That must be why you write so much of it.

That's so nice of you to notice! Funnier by the minute!

[carlablum]

you are wrong in my example. Ask at least an estate tax attorney before you

make more of a fool of yourself.

You might want to take more than 30 seconds to

deliberate on an answer so as to think your responses through in your effort

to provide relevant and competent rebuttals.

Well said BobbyToGo

Carla

\

HMMM....23 posts...and mostly in the off topic posts. Carla doesn't like that, you know.

Wonder why most of your posts are about me???

HAHAHAHAHAHAHA!!

There you go again............... You have nothing worth saying so you bring someone else (ME) in to a post. Back of ajska I can speak for myself.

Thank you!

Carla

[dinarokie]

:angry:

ObAmAnOmIcS

[On_Reserve]

Q,

Email rumor claims the health care bill imposes a 3.8% sales tax on all real estate transactions beginning in 2013.

Qman, Another urban legend posted by you: http://www.snopes.com/politics/taxes/realestate.asp

Just keeping you honest ... please be more thorough in your research.

[carlablum]

Q,

Email rumor claims the health care bill imposes a 3.8% sales tax on all real estate transactions beginning in 2013.

Qman, Another urban legend posted by you: http://www.snopes.co.../realestate.asp

Just keeping you honest ... please be more thorough in your research.

First of all IMO Qman is honest so I think it is wrong to attack the person that posted the info and second most of us are adult enough to think for ourselves and take the info and judge it ourselves without personal attacks. I can care less if someone thinks something is a lie or what ever, thats there OPINION and they are entitled to it but to to go extremes to defend there opinion by bashing others is starting to get old.

Geeshhhhhhhhhh

Carla

[On_Reserve]

First of all IMO Qman is honest so I think it is wrong to attack the person that posted the info and second most of us are adult enough to think for ourselves and take the info and judge it ourselves without personal attacks. I can care less if someone thinks something is a lie or what ever, thats there OPINION and they are entitled to it but to to go extremes to defend there opinion by bashing others is starting to get old.

Geeshhhhhhhhhh

Carla

Carla,

I didn't say he is dishonest; just that he needs to be more thorough in his research. He wasn't posting his opinion. He was reposting a published report as fact, which is shown (proven) to be incorrect.

[carlablum]

Carla,

I didn't say he is dishonest; just that he needs to be more thorough in his research. He wasn't posting his opinion. He was reposting a published report as fact, which is shown (proven) to be incorrect.

Just keeping you honest ?????

Sorry if I took this wrong,

Carla

[On_Reserve]

... just keeping you honest ... This is pretty well know phrase when it comes to fact checking (reality check).

I see your point, Carla.

Best,

[ocdude]

You already know that this is a blatant lie, Carla. Obama has NOTHING TO DO WITH THIS. It is a bill that has NO COSPONSORS and NO CHANCE of ever being heard,let alone passed.

Please do some research.

Where in the post does it say he has something to do with it? LOL

Just count the number of transactions!! VOTE VOTE VOTE VOTE IN NOVEMBER

Barack Obama's finance team & Nancy Pelosi are recommending a 1% transaction tax on all financial transactions. His plan is to sneak it in after the November election to keep it under the radar.

[ajskj]

No, Bobby, I am not wrong. Read the bill. PROFIT. Not what you sell it for. In your example, there is no profit unless you bought it for five hundred thousand.