Obama Wants to Tax the Crap out of Real Estate Investors
February 29, 2008
Barak Obama as part of his “Tax Fairness of the Middle Class” wants to raise the capital gains rate from 15 to 28%. The last time the government did something so rash was 1986 and look what happened. This would be a nail in the coffin for real estate, not to mention the economy and the stock market. Think about his - if this is about fairness for the middle class, is Obama saying that anyone who owns investment real estate is a rich person?
Entry Filed under: housing bubble, real estate. .
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