Tuesday, October 15, 2013

3.8% of your house capital gains for medicare

Wow I didn't realize that the 3.8% medicare levy also applied to capital gains on selling your house.....

So if you are in New York and you sell your apartment making a $200k capital gain.....the government wants $8k of that for medicare.....ouch

Hey Obama how about you spend less money eavesdropping on me and blowing shit up half way around the world so you don't need to tax us for medicare as much.


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