Where Do You Go
When There's No High Road
Left To Take?

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Saturday, November 17, 2012

So you’re not making $250k, right? So what if the rich guy’s have to pay? OH YEAH? Selling your home?


OH.
Yes that’s right under Obamacare, buried in that 2700 pages.
Unerarned income.
Over 200k for individuals and 250k for families, and UNPROTECTED if the tax rate law as Obama wants it goes through …
3.8% dudes and dudettes.
Once upon a time if you sold the MAIN ASSET American families have earned it was EXEMPT COMPLETELY. No more. Your main asset now is collateral for Bank of America’s, Lehman’s, GM’s, Chrysler’s, and the voted in members of the US Govt’s and everyone else’s IRRESPONSIBLE financial behavior now that the bills are coming due.
It’s over people.
Now you know why we have only 185 (left, after this week’s crash) F-22’s replacing the 751 F-15’s we used to have for air superiority.
Now you know why our Navy is going to be pre-WW1 in size as China expands THEIRS past area denial to sea control and power projection.
Now you know why Obama robbed Medicare of nearly a trillion to pay for his pet project (which remains unaffordable anyway, since exchanges are going in the toilet).
Now you know why he wants to incite class warfare to cover this degree of extremity.
The US govt now needs the profit from sale of the asset you put your life into.
It’s OVER HERE, people.
It stands to reason that where there’s sacrifice, there’s someone collecting sacrificial offerings. Where there’s service, there’s someone being served. The man who speaks to you of sacrifice, speaks of slaves and masters. And intends to be the master.
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posted by Epaminondas at permanent link#

3 Comments:

Anonymous Anonymous said...

America it was not a good idea to re-elect a muslim to the white house.

Saturday, November 17, 2012 2:23:00 pm  
Blogger Epaminondas said...

COME ON, anon. LEt's get real

Saturday, November 17, 2012 4:09:00 pm  
Blogger Always On Watch said...

That 3.8% taxes the entire sale price. Unlike capital gains tax, which taxes only the passive profit.

Saturday, November 17, 2012 6:33:00 pm  

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