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Sep 26, 2010

3.8% tax on all home sales to pay for new national health plan

Via (NaturalNews) The news about Obama's health care reform just keeps getting worse -- and we only find these things long after the bill has passed, of course. The newest revelation concerns a 3.8% tax on home sales and home rental income which will go into effect in 2013.

So if you sell a home worth $300,000 you'll pay $11,400 in taxes to the government to help fund Medicare "sick care." A house worth $500,000 would result in paying $19,000 in taxes to fund sick care.
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How could this be? Because the new health care bill imposes a 3.8% tax on "unearned income" which includes income from any source that you aren't directly working for. This includes interest you receive on a savings account, dividends from stocks, rental income from a property you own, social security income, unemployment checks, child support and of course income from home sales....There's never enough money to pay for disease

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Treating disease is wildly more expensive than preventing disease in the first place. But treatment is also wildly profitable, thrusting billions of dollars worth of profits into the hands of drug companies, cancer clinics and radiation machine manufacturers. The entire health care reform bill, it turns out, was designed to keep these dark, dangerous industries rolling in the dough while confiscating the money to pay for it all from U.S. homeowners, investors and social security recipients.

But if people will swallow 3.8%, why not raise it to 9%? Or 18%?

That's where this is headed because -- once again -- there's never enough money to pay for disease

"those who actually decide to take care of their health and avoid diseases by making healthy choices in their lives are penalized the most! The more you work, save and invest, the more you're punished by the government. The only way to get a "free ride" is to stop working, stop taking care of yourself and just let everybody else pick up the bill for your sickness and poverty." .....our "sick-care nation" that will inevitably find itself bankrupt if it doesn't change course. -  NaturalNews

Haase Note: NaturalNews is a little gritty, nutty and anti-gov for my taste...yet makes some valid inarguable points that many should not ignore about critical health and care choices we need to address. - Kinda like an angry raisin granola bar, you need to get past a little bad taste to enjoy the benefits ;-).