- Dec 10, 2009
- 613
- 0
- 0
Max Baucus recently declared the "health-care bill" to be "an income shift, it is a shift, a leveling to help lower income middle income Americans." Baucus continued "too often, much of late, the last couple three years the mal-distribution of income in America is gone up way too much, the wealthy are getting way, way too wealthy, and the middle income class is left behind. Wages have not kept up with increased income of the highest income in America. This legislation will have the effect of addressing that mal-distribution of income in America."
http://www.youtube.com/watch?v=rY4Qbv7gPbo&feature=player_embedded#
Also - looks like a 3.8 gains tax on home sales was slipped in the new bill and people don't really know about it yet . If a person buys a more expensive home they can escape it.