Home › Forums › Housing › Is There a Home-Sale Tax to Pay for ‘Obamacare’? › flu wrote:SK in CV wrote:flu
[quote=flu][quote=SK in CV][quote=flu]No I was referring to the convoluted way the 20% cap gain rate is determined[/quote]
That’s not a tax on the rich. It applies to everyone.[/quote]
20% tax rate applies only to MAGI folks above $400k/450k. The rest still are at 15% level.
How is this not a tax on the wealthier..
Fine by me. Again, my point was the irony in the rules for how the 20% cap gain tax rate kicks in…[/quote]
I’m not sure how that’s ironic. Higher income, higher tax.
