Cavuto: What’s Happening in Cyprus Is Just Like Obamacare’s 3.8% Home Sales Tax (Video)
Neil Cavuto: What’s happening in Cyprus is like Barack Obamacare’s 3.8% tax on home sales
FOX News host Neil Cavuto compared the governmental theft in Cyprus to Barack Obama’s tax on home sales to fund Obamacare.
Cavuto says Obama already pulled off a similar stunt in America.
“While no one is taxing our bank holdings, thanks to Obamacare, they are going after our other assets. Remember that 3.8% Medicare surtax on investment sales larger than a couple hundred grand. Surprised? Next time you try to sell your house, trust me, you’ll be hitting the roof. A tax on your home… your tangible assets. Is there really a difference? No.”