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Beginning Jan. 1, 2013, there will be a new tax


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2012 Apr 4, 10:48am   40,895 views  72 comments

by zhanka   ➕follow (0)   💰tip   ignore  

Beginning January 1, 2013, there will be a new tax imposed regarding income derived from a sale of real estate. The tax only applies to so-called “high income” tax payers: Singles whose adjusted gross income (AGI) is over $200,000 and married couples whose adjusted gross income is over $250,000. This new “surcharge” tax will be added to the regular taxes paid on income and will be 3.8%.
http://www.ksefocus.com/billdatabase/clientfiles/172/8/1437.pdf

#housing

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72   G Speed   2012 Jun 29, 12:21am  

Mr. R B E Scum-- The largest and most powerful corporations are BANKS-- All CEO suck up to banks--the largest banks-- Being a good CEO has little to do with "running" the company and everything to do with "capitalization".If a CEO won't play the banks game he/she is replaced by one who will. In the current business decade its called "crony capitalism". In previous decades it was called corruption. Corruption is a tax on wealth generation. By some guesses as high as 10% of the GNP.

Inflation of the fiat is a tax. Since 1913 it has eroded by some guesses 80% or more of the wealth of the nation.

Access to government and the establishment of monopolies and favorable business laws for those with that access by the "representatives of the people" are another "tax" on the wealth of the nation by corporations. Some guess as high as 40% of lost incentive
for small business.

I know you don't believe me and will use antidotes to "prove" me wrong how ever it is very hard to hide the fact that this country has almost no savings compared to other countries of the world. Could it be that we are paying so much hidden tax that there is nothing left to save? Or is it just bad upbringing that makes us stupid spenders?

I think its time to put hard penalties on CEO malpractice and malfeasance. All CEO are protected by corporate law and that must be changed. Vote the bastards out--get the laws changed.

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