#1 Little-Known Tax Funding Obamacare11-15-2013, 12:01 AM
Franklin Lakes, New Jersey (My9NJ) - The Affordable Care Act or Obamacare seems to be in the headlines every day because of all of the problems surrounding the launch. And while most realize the law is funded in part by the individual mandate and penalty tax, it is also being funded in ways that are not discussed as much in the media.
Luxury real estate broker Ron Aioso says there is a tax that is rarely discussed that also helps fund Obamacare. It is a tax on high-income taxpayers when they sell their homes.
Franklin Lakes, N.J. was listed on Forbes.com in 2010 as one of "America's Most Expensive ZIP Codes", with a median home price of $1.3M.
Aioso says homeowners in a neighborhood like this could really be impacted by the Obamacare tax.
“Where we are today in a luxury area, you look and you see this home behind me, somebody like this is really affected,” he said. more>
11-15-2013, 12:08 AM
- Join Date
- Mar 2010
Anyone who would pay $1.3M to live in NJ deserves to get fucked over.
11-15-2013, 12:18 AM
Class envy, it's what's for dinner.
11-15-2013, 01:37 PM--Odysseus
Sic Hacer Pace, Para Bellum.
Before you can do things for people, you must be the kind of man who can get things done. But to get things done, you must love the doing, not the people!
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