The Independent Payment Advisory Board:
Anti-Constitutional and Authoritarian Super-Legislature Home Sales Tax becomes effective Jan. 1, 2013
The National Association of Realtors is not pleased with this new tax and hopes this information is forwarded to every voter prior to the election in November.
It doesn’t matter which side of the political fence you sit on - it will affect ALL of us.
When does your home become part of your health care? After 2012! Your vote counts big time in 2012, make sure you and all your friends and family know about this!
HOME SALES TAX I thought you might find this interesting, -- maybe even SICKENING! The NationalAssociation of Realtors is all over this and working to get it repealed, --before it takes effect. But, I am very pleased we aren't the only ones who know about this ploy to steal billions from unsuspecting homeowners. How many realtors do you think will vote Democratic in 2012? Did you know that if you sell your house after 2012 you will pay a 3.8% sales tax on it? That's $3,800 on a $100,000 home, etc. When did this happen? It's in the health carebill, -- and it goes into effect in 2013. Why 2013? Could it be so that it doesn’t come to light until after the 2012 elections? So, this is ‘change you can believe in’?
Under the new health care bill all real estate transactions will be subject to a 3.8% salestax. If you sell a $400,000 home, there will be a $15,200 tax. This bill is set to screw the retiring generation, -- who often downsize their homes. Does this make your November, 2012 vote more important? Oh, you weren't aware that this was in the Obama Health Care bill? Guess what; you aren't alone! There are more than a few members of Congress that weren't aware of it either. You can check this out for yourself at:
I hope you forward this to every single person in your address book. VOTERS NEED TO KNOW.
Among the many legal challenges to the ACA is Coons v. Geithner, a lawsuit challenging IPAB as an unconstitutional delegation of Congress's lawmaking authority.
Additionally, legislation to repeal the board has garnered 235 cosponsors in the House of Representatives, including 20 Democrats.
A modified version of that bill has already passed the House with 223 votes (including seven Democrats).
Source: Diane Cohen and Michael F. Cannon, "The Independent Payment Advisory Board: PPACA's Anti-Constitutional and Authoritarian Super-Legislature," Cato Institute, June 14, 2012.