Neil Cavuto: What’s happening in Cyprus is like Barack Obamacare’s 3.8% tax on home sales
FOX News host
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Neil Cavutocompared 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.”