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Politics : Politics for Pros- moderated

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To: Alan Smithee who wrote (360801)	4/22/2010 2:03:57 PM
From: Honey_Bee	of 793916

Okay...now I get it. Yes, Bob Brinker has discussed this new "Medicare healthcare tax" on investment income at some length. Indeed, it is on incomes over $250,000 -- right now anyway. However, it includes ALL investment income -- interest, dividends, rents, capital gains etc. I don't think it has dawned on people yet that it might also include the sale of real estate. It looks like it's not based on the amount of capital gains, but the amount of the person's income. (It's worth noting that beginning in 2012, Medicare benefits will have major cuts, with more cuts each year for several years.) I think this real estate guy was a bit too anxious to collect Obama's taxes. 8) .

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