Obama’s tax plan will include: 28% tax on the profits of ALL home sales. 39.6% Tax on all investments that pay dividends: IRA’s, mutual funds, insurance annuities, etc.
Other new taxes that have been proposed by Obama: -a tax on homes larger then 2400 square feet. -a natural resources consumption tax of heating oil, natural gas, electricity.
a tax to pay for socialized medicine.
18 posted on 10/22/2008 7:12:23 AM PDT by FBD
(My carbon footprint is bigger then yours)