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We Have our 1st National Sales Tax




A shout out to my friends Robert Bloomquist and Tommy Stevens for bringing this to my attention:

Under the new health care bill – did you  know that all real estate transactions are subject to a 3.8% Sales Tax? You can thank Nancy Pelosi, Harry Reid & Barack Obama and your local Democratic Congressman for this one.If you sell a $500,000 house, this will be a $19,000.00 tax by itself, NOT including any other costs of sale that generally range approximately 8% of the sales price ($40,000. on a $500,000. sale) !!!

Here in CA, it’s not hard to have a house in the $500,000 range. So now, if you use realtors, you pay their 6%, and an additional 3.8%. You lose almost 10% of your home value.  Wow, that’s a fairly big loss.

Well, I think I have decided to vote against nutMeg Whitman.  She seems a little on the crazy side with her English/Spanish mixed messages.  If she was against prop 187, as she claims in her ads, I’d love to ask her if she voted against it….Isn’t that how you demonstrate your moral outrage?  (Oh wait, she hasn’t voted FOR 20 YEARS!!)  Talk is cheap.  Ignorance is cheaper.  Brown is looking better and better, although I loathe the idea of a democrat (especially him) at the helm, the idea of nutMeg is worse.

 

I don’t think I have mentioned I attended a fundraiser for her back in the early days.  Paul Rodriquez was there about the water problems for CA farmers.   She took questions, and the first guy asked her what she thought of “Keynesian policies given the economy.”  She looked a little awkward, then said “You have to help me out here.”  SHE DIDN’T UNDERSTAND THE QUESTION.  This is a woman who graduated Princeton, and got her MBA AT HARVARD!!!!  I was stunned. She only took one more question, then they wrapped it up.   I sought the guy out who asked the question, and asked him what he thought of her answer (she had hemmed and hawed through it).  He was as flabbergasted as I was.  We were both there to because we WANTED to support her, but she couldn’t demonstrate basic economic knowledge.  Unreal.  Almost Surreal.

 

and yes, I am still doing P90X, albeit not regularly.  Too much going on at the office.

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