Following in the vein of "not trying to be political" (but I really cain't heppit), and ibtl, the general tone of the Snopes article is to make the impression that, "Oh, this isn't something normal folks have to worry about, just the rich, greedy, capitalistic beasties who already have made enough money."
(In other words, a couple who sold their home would be subject to the 3.8% tax only if they made a profit of at least $500,000 on the sale, and the tax would apply only to the profit in excess of $500,000.)
[emphasis mine]
My point-
This will definitely go political.
Anyone who MIGHT make over a half million $$$ on a piece of property has already spoken to an accountant/tax attorney/financial advisor
OR
is mentally incompetent and cannot understand this thread anyway.
new law effects real estate
, the general tone of the Snopes article is to make the impression that, "Oh, this isn't something normal folks have to worry about, just the rich, greedy, capitalistic beasties who already have made enough money."
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