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Reasons to Distrust the Government

Reasons to Distrust the Government
« on: March 20, 2012, 08:27:54 AM »
I don't have many thoughts about this new tax that's going to start in 2013, but I do know one thing - slipping this tax on real estate sales into the healthcare bill is some shady bullshit.

http://www.snopes.com/politics/taxes/realestate.asp

The gist:

If you make a lot of money and then sell your house for a large profit, you could be forced to pay 3.8% in taxes towards Medicare.  Why?  Because fuck you. That's why. 
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The Guy That Knows Nothing of Hyperbole

JR4AU

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Re: Reasons to Distrust the Government
« Reply #1 on: March 20, 2012, 08:46:09 AM »
I don't have many thoughts about this new tax that's going to start in 2013, but I do know one thing - slipping this tax on real estate sales into the healthcare bill is some shady bullshit.

http://www.snopes.com/politics/taxes/realestate.asp

The gist:

If you make a lot of money and then sell your house for a large profit, you could be forced to pay 3.8% in taxes towards Medicare.  Why?  Because fuck you. That's why.

Agree, it's some shady "fuck the rich" type bullshit, but who is selling houses for a profit these days?
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Re: Reasons to Distrust the Government
« Reply #2 on: March 20, 2012, 08:52:54 AM »
Agree, it's some shady "fuck the rich" type bullshit, but who is selling houses for a profit these days?

No clue.  I'm sacrificing lambs right now hoping to break even when we sell ours. 

...if we sell ours....
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The Guy That Knows Nothing of Hyperbole

GH2001

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Re: Reasons to Distrust the Government
« Reply #3 on: March 20, 2012, 09:16:40 AM »
Agree, it's some shady "fuck the rich" type bullshit, but who is selling houses for a profit these days?

True, but the principle is shady as shit.
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AUTiger1

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Re: Reasons to Distrust the Government
« Reply #4 on: March 20, 2012, 10:44:02 AM »
So, once we tax the "rich" out of all their money, then what are we going to do? 
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GH2001

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Re: Reasons to Distrust the Government
« Reply #5 on: March 20, 2012, 10:46:35 AM »
So, once we tax the "rich" out of all their money, then what are we going to do?

'The trouble with socialism is that eventually you run out of other people's money' - Margaret Thatcher
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djsimp

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Re: Reasons to Distrust the Government
« Reply #6 on: March 20, 2012, 10:59:07 AM »
So, once we tax the "rich" out of all their money, then what are we going to do?

They're not worried about that, they're just worried what will be done with it.
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AUTiger1

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Re: Reasons to Distrust the Government
« Reply #7 on: March 20, 2012, 11:05:13 AM »
'The trouble with socialism is that eventually you run out of other people's money' - Margaret Thatcher

Which was exactly where I was going with this.  You can't tax your core revenue more and more and expect to sustain.  It's kind of like a few years ago when they raised taxes on tobacco products to pay of "poor kids insurance".  The price of cigars, snuff and cigarettes went through the roof.  Now that makes some happy.  They believe that you have no right to smoke, dip, or chew for whatever reason.  It stinks, I don't like the smell.  Whatever, fuck you.  If I want to smoke a cigar on my patio and you can smell it from your yard, then tough shit.  Until you are the owner of my property then fuck off, which brings up another point of private property rights and do you really own your land..............

anywho, back on topic.  It made those prices go up.  It was the main source of revenue to pay for the program.  If you raise the price so much in taxes, people will quit and then you lose that revenue all together.  Then what?  Where do you make that money up at?  I know, we will tax the shit out of the rich, or out of those that aren't technically rich when they sell their house for a profit.   When is this shit going to be enough to piss everyone off?
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Courage is only fear holding on a minute longer.--George S. Patton

There are gonna be days when you lay your guts on the line and you come away empty handed, there ain't a damn thing you can do about it but go back out there and lay em on the line again...and again, and again! -- Coach Pat Dye

It isn't that liberals are ignorant. It's just they know so much that isn't so. --Ronald Reagan

dallaswareagle

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Re: Reasons to Distrust the Government
« Reply #8 on: March 20, 2012, 12:12:02 PM »
Which was exactly where I was going with this.  You can't tax your core revenue more and more and expect to sustain.  It's kind of like a few years ago when they raised taxes on tobacco products to pay of "poor kids insurance".  The price of cigars, snuff and cigarettes went through the roof.  Now that makes some happy.  They believe that you have no right to smoke, dip, or chew for whatever reason.  It stinks, I don't like the smell.  Whatever, fuck you.  If I want to smoke a cigar on my patio and you can smell it from your yard, then tough shit.  Until you are the owner of my property then fuck off, which brings up another point of private property rights and do you really own your land..............

anywho, back on topic.  It made those prices go up.  It was the main source of revenue to pay for the program.  If you raise the price so much in taxes, people will quit and then you lose that revenue all together.  Then what?  Where do you make that money up at?  I know, we will tax the shit out of the rich, or out of those that aren't technically rich when they sell their house for a profit.   When is this shit going to be enough to piss everyone off?

Hopefully in Nov of this year.
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GarMan

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Re: Reasons to Distrust the Government
« Reply #9 on: March 20, 2012, 12:15:54 PM »
I don't have many thoughts about this new tax that's going to start in 2013, but I do know one thing - slipping this tax on real estate sales into the healthcare bill is some shady bullshit.

http://www.snopes.com/politics/taxes/realestate.asp

The gist:

If you make a lot of money and then sell your house for a large profit, you could be forced to pay 3.8% in taxes towards Medicare.  Why?  Because fuck you. That's why.
This isn't all of it.  There are several new hidden taxes in the healthcare bill.  I think many will get weeded out over time...
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GH2001

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Re: Reasons to Distrust the Government
« Reply #10 on: March 20, 2012, 01:46:40 PM »
Which was exactly where I was going with this.  You can't tax your core revenue more and more and expect to sustain.  It's kind of like a few years ago when they raised taxes on tobacco products to pay of "poor kids insurance".  The price of cigars, snuff and cigarettes went through the roof.  Now that makes some happy.  They believe that you have no right to smoke, dip, or chew for whatever reason.  It stinks, I don't like the smell.  Whatever, fuck you.  If I want to smoke a cigar on my patio and you can smell it from your yard, then tough shit.  Until you are the owner of my property then fuck off, which brings up another point of private property rights and do you really own your land..............

anywho, back on topic.  It made those prices go up.  It was the main source of revenue to pay for the program.  If you raise the price so much in taxes, people will quit and then you lose that revenue all together.  Then what?  Where do you make that money up at?  I know, we will tax the shit out of the rich, or out of those that aren't technically rich when they sell their house for a profit.   When is this shit going to be enough to piss everyone off?

I'll tell you what you get.....a servant class and a ruling class. Totalitarianism, here we come.
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Saniflush

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Re: Reasons to Distrust the Government
« Reply #11 on: March 20, 2012, 01:59:30 PM »
I'll tell you what you get.....a servant class and a ruling class. Totalitarianism, here we come.


You shut your mouth......and get back to work.
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Re: Reasons to Distrust the Government
« Reply #12 on: March 20, 2012, 02:36:21 PM »
I'll tell you what you get.


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