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 obama 3.8
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.”

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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

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