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Politics : Politics for Pros- moderated

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To: Alan Smithee who wrote (360744)	4/22/2010 11:00:42 AM
From: Elroy	Read Replies (1) of 793946

Believe me, the guy who sold this property does not make above $250k per year. I'd be surprised if he makes 15% of that amount. Yeah, the $250k part of that tax is what doesn't quite make sense when it comes to a property sale. Is it possible he made $250k on the house sale? That new capital gains tax for health care is the only one that rings a bell with your 3.6% number. Maybe they're deducting it, and if his gain is less than $250k he can get it back?

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