[quote=spdrun]If you’re making $250k profit on a home sale AFTER expenses, do you think that making $9500 less will really keep you from selling? Get real. This isn’t the end of the world.[/quote]
The problem with the “it’s just a little bit” argument is that it always ignores the fact that it’s a little bit MORE. It’s another step toward total confiscation of everyone’s income. Look at the history of income tax as an example. The forst rates were between 1 and 7 percent. It only took 3 years for that to be doubled, and has been steadily increased ever since. Add to that all of the other taxes we are forced to pay, and it’s estimated the average person pays over 50% (50 f-ing %!!). So, don’t use the politicians normal tag line of “it’s just a little bit”.