CAPITAL GAINS TAX
>
>MCCAIN
>15% (no change)
>
>OBAMA
>28%
>
>CLINTON
>24%
>
>How does this affect you? If you sell your home and make a profit, you
>will pay 28% of your gain on taxes. If you are heading toward >retirement
>and would like to down-size your home or move into a retirement
>community, 28% of the money you make from your home will go to taxes.
>This proposal will adversely affect the elderly who are counting on >the
>income from their homes as part of their retirement income.
There is NO capital gains tax when selling your own home. (up to $500,000 for a couple or $250,000 for a single individual)
>
>MCCAIN
>15% (no change)
>
>OBAMA
>28%
>
>CLINTON
>24%
>
>How does this affect you? If you sell your home and make a profit, you
>will pay 28% of your gain on taxes. If you are heading toward >retirement
>and would like to down-size your home or move into a retirement
>community, 28% of the money you make from your home will go to taxes.
>This proposal will adversely affect the elderly who are counting on >the
>income from their homes as part of their retirement income.
There is NO capital gains tax when selling your own home. (up to $500,000 for a couple or $250,000 for a single individual)