The good news is that I’ve now sold my condo and the proceeds have been deposited. The bad, but not unexpected, news is that thanks to the money grubbing politicians in DC and Annapolis, I get to keep a whopping 50% of the profit from the sale.
I’ll say this slowly for those whose response to every issue is “tax the rich:” Capital gains taxes are taxes on the middle class. They’re taxes on every man and woman who has used a little bit of their already taxes income to invest in their own future.
If you want to know why I’m firmly in the #NeverVoteBlue camp, it’s the fact that they’re the party of more taxes even when government revenue is already at an all time high. It’s the fact that after 20 years of paying property tax, tax on rental income, and generally trying to look out for my own future, the state and federal revenue agents feel like they’re entitled to get another bite of the apple. It’s almost as if they’ve got beef with someone who’s trying to take care of their own future rather than accept a subsistence level life doled out monthly and overseen by political hacks.
Enough already. Unless you’re planning on giving me a handy, keep your damned thieving mitts out of my pockets.