OMG!  They’ve already gotten their Megaphones out!

It seems that they begin their rumor mongering factory earlier every election season. I received the following email from a friend today who was in turn forwarding it from an email that she received on Sunday.

As you know, I don’t normally distinguish one party from another any more as I have come to regard them as two parties with the same platform for the rich. However I will say this much: These rumor mongering emails come to me exclusively from members of the Republican Party. I have never to my knowledge received one from a Democrat who was promoting it as “the truth.”

The first thing that we all should do when we receive one of the emails is to check out the truth.  My favorite truth checker is Snopes.com .  Then we need to write a reply and send it back to all the people who received the original email rumor.

I know the temptation is to just delete and forget it.  You don’t want to risk making a relative or friend angry, etc.  But we all have a responsibility to promote the truth–particularly when people may be making important decisions based on misinformation.

Here is an example using my experience as a model:

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HERE IS THE HALF-TRUTH ORIGINAL RUMOR EMAIL THAT I RECEIVED:[The copy in BRACKETS are my interjections.]

Date: Sun, Jun 12, 2011 at 9:37 AM

Subject: Everyone needs to see this- Will You Ever Sell Your House?
To:

Okay I knew our government was broken but this is ridiculous!  I read the link – it categorizes real estate gains as “unearned income.”  Oh, really?  I guess drug dealers and human smuggles are earning their income so therefore exempt.  Can’t we do something about all the illegal activity in America.  Well I guess not because it’s rampant in the government! And why did anyone think taxing real estate was a good way to pay for healthcare?  Which is really illness care, and funding the legal drug pushers, Big Pharma.

Check out this little surprise I bet you never knew!!!

Will You Ever Sell Your House?

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. [NOT TRUE] When did this happen? It’s in the healthcare bill. Just thought you should know.


SALES TAX TO GO INTO EFFECT 2013 (Part of HC Bill)

REAL ESTATE SALES TAX
So, this is “change you can believe in”?
Under the new health care bill – did you know that all real estate transactions will be subject to a 3.8% Sales Tax?  The bulk of these new taxes don’t kick in until 2013 If you sell your $400,000 home, there will be a $15,200 tax. [ NOT TRUE] This bill is set to screw the retiring generation who often downsize their homes. Does this stuff make your November and 2012 vote more important?
Oh, you weren’t aware this was in the obama-care bill? Guess what, you aren’t alone. There are more than a few members of Congress that aren’t aware of it either 

Check it out at the link below.
http://www..gop.gov/blog/10/04/08/obamacare-flatlines-obamacare-taxes-home
Why am I am sending you this?  The same reason I hope you forward this to every single person in your address book because another election is coming soon, be aware!

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Here is my response:

Please go to Snopes for more detail.

WWW.SNOPES.COM

http://www.snopes.com/politics/taxes/realestate.asp

The truth about this bill is that if you sell your home for a profit above the capital gains threshold of $250,000 per individual or $500,000 per couple then you would be required to pay the additional 3.8 percent tax on any gain realized over this threshold.

Most people who sell their homes will not be impacted by these new regulations. This is not a new tax on every seller.

In other words, a couple who sold their home would be subject to the 3.8% tax only  if they made a profit of at least $500,000 on the sale, and the tax would only apply to that portion of that profit in excess of $500,000.

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In case you are drowning in tears over the fact that the upper 5% might have to pay a one-time tax of 3.8% on this enormous profit, you can dry those tears if you will remember that every year, year in year out, these same people pay on average 3% less in federal income tax on their annual income than you and I do.

That’s correct. Those in the top 5% pay between 17% and 1% of their income in federal taxes.  The rest of us pay on average,  between 20 and 25% of our income in Federal taxes.

So save those tears for children whose funding for Chips programs might be cut because some millionaire whines loud enough about having to pay their taxes like the rest of us that some jerk in Congress creates yet another tax loophole for them.  Save your tears for the children.  The rich are doing just fine.

In case you haven’t noticed, we are not seated at the banquet table with them any more. Instead, many of us are on the menu.

Better wake up America.  It’s time to end the minority rule.  AND IT’S NOT LIKELY TO HAPPEN IF YOU VOTE FOR MOST OF THE INCUMBENTS IN CONGRESS TODAY.

Liz Berry

Liz Berry

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