A *shack* used to cost $300K in L.A. just twenty or thirty years ago. Are you
saying nobody should make over $250k on the sale of a house no matter how long
they've lived in it, paid taxes on it, improved it and the community it's in?I
just happen to live under a very exclusive bridge, south of Galveston. I'll
make
you a special deal.
________________________________
From: Bhairitu <noozg...@sbcglobal.net>
To: FairfieldLife@yahoogroups.com
Sent: Fri, August 13, 2010 5:06:10 PM
Subject: Re: [FairfieldLife] Fwd: Over 100,000 Sign Fred Thompson's Petition,
Liberals Furious
No, no, no, you can deduct up to $250K for profit on the sale of a home
and twice that if married. Obviously you don't own a home or you'd know
that. Bridges are kinda hard to sell if you live under one.
Mike Dixon wrote:
> So, under capitol gains taxes , if you sell your house and make a profit, you
> pay that capitol gains tax, even if you live on a pension and SS.
>
>
>
>
> ________________________________
> From: "wle...@aol.com" <wle...@aol.com>
> To: FairfieldLife@yahoogroups.com
> Sent: Thu, August 12, 2010 3:53:59 PM
> Subject: [FairfieldLife] Fwd: Over 100,000 Sign Fred Thompson's Petition,
> Liberals Furious
>
>
> NOT only a tax on folks earning over 200,000 but capitol gains tax etc etc see
>
>
> ________________________________
> From: news...@newsmax.puresendmail.com
>
>> Reply-to: vwwrnmstmcl.wtbldld...@newsmax.puresendmail.com
>> To: wle...@aol.com
>> Sent: 8/12/2010 5:27:20 P.M. Eastern Daylight Time
>> Subj: Over 100,000 Sign Fred Thompson's Petition, Liberals Furious
>>
>>
>>
>>
>> An Urgent Message from Our Sponsor, The League of American Voters
>>
>> More Than 100,000 Americans Sign Fred Thompson's Petition to Renew the Bush
>> Tax
>>
>> Cuts
>>
>> Dear Newsmax Reader:
>> I am pleased to report to you that our campaign to Renew the Bush Tax Cuts
>> has
>
>> gained tremendous momentum -- and we already have over 100,000 Americans
>>signing
>>
>> our petition to Congress.
>>
>> And thanks to supporters like you Fred Thompson’s powerful TV ad for the
>> League
>>
>> is running on Fox News and other cable networks everywhere.
>>
>> Americans are angry with Congress. They want the Bush Tax Cuts FULLY
>> renewed.
>> You can't raise taxes in the middle of a recession -- especially this one.
>> Pelosi and Obama are so hell-bent on taxing the "rich" that they won't fully
>> renew these cuts -- and will also raise capital gains and dividend taxes.
>>
>> But, because of your support, the League of American Voter’s TV ad and
>> national
>>
>> petition drive is making a big difference on Capitol Hill.
>>
>> According to The Hill newspaper, “Democrats will hold a September showdown
>> over
>>
>> trillions of dollars in expiring tax cuts … That would make tax cuts a
>> front-and-center issue in the days leading up to the midterm election.”
>>
>> Pelosi may not want to do this, but I can tell you that millions of
>> Americans
>> have been informed because of our efforts.
>>
>> They will most certainly hold the feet of their Congressmen and Senators to
>> the
>>
>> fire right up til election day and after.
>>
>> It is absolutely critical we continue this campaign — Go Here Now
>> We’ve also witnessed an especially virulent response to our efforts from the
>> far-left, who continue to attack the League on MSNBC’s Rachel Maddow Show
>> and
>> with internet postings.
>>
>> Apparently, the far-left has also launched a profanity-laced email campaign
>> against the League.
>>
>> Most of the emails I cannot share with you for obvious reasons, but here’s
>> just
>>
>> a taste of the venom being directed at the League:
>>
>> “You parade as ‘real Americans.’ You are not. You are frightened traitors,
>> cowards being led by the nose to this pathetic scrambling to get ‘yours’…”
>> --
>> Anonymous
>>
>> “[You are] flat out lying to confuse people…” -- Anonymous
>> “You’re a bunch of lying weasels… Either You're All STUPID, Or
>>Liars!!!!!......”
>>
>> -- Rich
>>
>> “Your un-American position is both shameful and, in my opinion, makes you
>> traitors to the American people” -- John M.
>>
>> The fact is all of the Bush Tax Cuts, affecting every American who pays
>> taxes,
>
>> expire at the stroke of midnight on December 31, 2010. When this happens,
>> personal income tax rates increase across the board by 10 percent or more.
>>
>> The capital gains tax will increase by one-third and the dividend rate will
>> almost triple!
>>
>> What’s more, the “death” tax rears its ugly head again, jumping from 0% to a
>> whopping 55%! The marriage tax penalty returns. Even the child tax credit is
>>cut
>>
>>
> >from $1,000 to $500 per child.
>
>> Small businesses and investors are especially targeted by Obama and Pelosi.
>>This
>>
>> means higher unemployment, lower incomes, and stagnant economic growth.
>>
>> If liberals in Congress simply do nothing, their refusal to act will result
>> in
>
>> the largest tax hike in American history.
>>
>> It will be fatal for struggling economy. But you can do something about it.
>> Dick Morris calls the League "one of the most effective organizations in
>> America" and says "they deserve your support!"
>>
>> Senator Fred Thompson is leading our national effort.
>> You can help us in two ways:
>> 1. If you have not signed the Petition, do so today, and also see Fred's TV
>> ad — Go Here Now
>>
>> 1. We need to alert millions of Americans to this tax threat — please donate
>> to
>>
>> our cause — every donation helps us buy TV, radio, print and online ads -—
>> Go
>> Here Now
>>
>> Thank you.
>> Yours for America,
>> Bob Adams
>> Executive Director
>> P.S. – Please forward this important email to your family and friends, and
>> urge
>>
>> them to sign the petition at renewthetaxcuts.com. And remember, we can't do
>>this
>>
>> alone. We are willing to fight but we need your help. We are making a
>>difference
>>
>> but we can do more with your help — support our cause today — Go Here Now
>>
>> Paid for by the League of American Voters. Contributions to the League of
>> American Voters
>> are not tax deductible as charitable contributions for federal income tax
>> purposes.
>> Contributions from individuals and corporations are permitted by law and
>> welcome.
>>
>>
>> League of American Voters | 722 12th Street N.W. | Fourth
>> Floor | Washington, D.C. 20005
>>
>>
>>
>>
>>
>>
>>
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