Equity Tax of 3.8% in the Health Care Bill

[Zeitgeist]

Welcome to the revolution.

[ucodegen]

[quote SK in CV]
….Total income is $380,000. New tax applies on all investment income of $105,000.

….Tax does not apply because it’s under the $250,000 threshold.

….Tax applies on the lesser of investment income of $105,000 or total income less the threshold amount. ($305,000 less $250,000 or $55,000) Tax would only apply on the $55,000.
[/quote]

Looks like the tax is oriented againstthe savers/investors at a benifit to the debtors and defaulters. Not that all the ‘bailouts’ and loan principal renegotiations were not enough. –SNAFU..

[ucodegen]

[quote SK in CV]
….Total income is $380,000. New tax applies on all investment income of $105,000.

….Tax does not apply because it’s under the $250,000 threshold.

….Tax applies on the lesser of investment income of $105,000 or total income less the threshold amount. ($305,000 less $250,000 or $55,000) Tax would only apply on the $55,000.
[/quote]

Looks like the tax is oriented againstthe savers/investors at a benifit to the debtors and defaulters. Not that all the ‘bailouts’ and loan principal renegotiations were not enough. –SNAFU..

[ucodegen]

[quote SK in CV]
….Total income is $380,000. New tax applies on all investment income of $105,000.

….Tax does not apply because it’s under the $250,000 threshold.

….Tax applies on the lesser of investment income of $105,000 or total income less the threshold amount. ($305,000 less $250,000 or $55,000) Tax would only apply on the $55,000.
[/quote]

Looks like the tax is oriented againstthe savers/investors at a benifit to the debtors and defaulters. Not that all the ‘bailouts’ and loan principal renegotiations were not enough. –SNAFU..

[ucodegen]

[quote SK in CV]
….Total income is $380,000. New tax applies on all investment income of $105,000.

….Tax does not apply because it’s under the $250,000 threshold.

….Tax applies on the lesser of investment income of $105,000 or total income less the threshold amount. ($305,000 less $250,000 or $55,000) Tax would only apply on the $55,000.
[/quote]

Looks like the tax is oriented againstthe savers/investors at a benifit to the debtors and defaulters. Not that all the ‘bailouts’ and loan principal renegotiations were not enough. –SNAFU..

[ucodegen]

[quote SK in CV]
….Total income is $380,000. New tax applies on all investment income of $105,000.

….Tax does not apply because it’s under the $250,000 threshold.

….Tax applies on the lesser of investment income of $105,000 or total income less the threshold amount. ($305,000 less $250,000 or $55,000) Tax would only apply on the $55,000.
[/quote]

Looks like the tax is oriented againstthe savers/investors at a benifit to the debtors and defaulters. Not that all the ‘bailouts’ and loan principal renegotiations were not enough. –SNAFU..

[enron_by_the_sea]

I am really confused reading the article and the subsequent discussion.

can someone clarity if this will be a tax on
(a) capital gain after selling the house or,
(b) equity realized after selling the house.

They are not the same things. e.g. if I buy a house for 500K putting 100K down and sell for 600K the next day, then my capital gain will be 100K but equity realized from sale will be 200K

[enron_by_the_sea]

I am really confused reading the article and the subsequent discussion.

can someone clarity if this will be a tax on
(a) capital gain after selling the house or,
(b) equity realized after selling the house.

They are not the same things. e.g. if I buy a house for 500K putting 100K down and sell for 600K the next day, then my capital gain will be 100K but equity realized from sale will be 200K

[enron_by_the_sea]

I am really confused reading the article and the subsequent discussion.

can someone clarity if this will be a tax on
(a) capital gain after selling the house or,
(b) equity realized after selling the house.

They are not the same things. e.g. if I buy a house for 500K putting 100K down and sell for 600K the next day, then my capital gain will be 100K but equity realized from sale will be 200K

[enron_by_the_sea]

I am really confused reading the article and the subsequent discussion.

can someone clarity if this will be a tax on
(a) capital gain after selling the house or,
(b) equity realized after selling the house.

They are not the same things. e.g. if I buy a house for 500K putting 100K down and sell for 600K the next day, then my capital gain will be 100K but equity realized from sale will be 200K

[enron_by_the_sea]

I am really confused reading the article and the subsequent discussion.

can someone clarity if this will be a tax on
(a) capital gain after selling the house or,
(b) equity realized after selling the house.

They are not the same things. e.g. if I buy a house for 500K putting 100K down and sell for 600K the next day, then my capital gain will be 100K but equity realized from sale will be 200K

[SD Realtor]

It is cap gain enron. ZDon’t worry though cuz you can buy drugs online!

[SD Realtor]

It is cap gain enron. ZDon’t worry though cuz you can buy drugs online!

[SD Realtor]

It is cap gain enron. ZDon’t worry though cuz you can buy drugs online!

[SD Realtor]

It is cap gain enron. ZDon’t worry though cuz you can buy drugs online!

[Author]

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