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Obama Wants to Tax the Crap out of Real Estate Investors

February 29, 2008
Barak Obama as part of his "Tax Fairness of the Middle Class" wants to raise the capital gains rate from 15 to 28%.  The last time the government did something so rash was 1986 and look what happened.  This would be a nail in the coffin for real estate, not to mention the economy and the stock market.  Think about his - if this is about fairness for the middle class, is Obama saying that anyone who owns investment real estate is a rich person?

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William Bronchick, ESQ.

Nationally-Known Attorney, Author, and Speaker

Attorney William ("Bill") Bronchick, the host of Legalwiz.com, has authored six best-selling books and is sought nationwide for his 30+ years of real estate and legal knowledge. He has been interviewed by numerous media outlets, such as CNBC, TIME Magazine, USA Today, Investor Business Daily, Forbes, and the LA Times, to name a few. William Bronchick is the co-founder and past President of the Colorado Association of Real Estate Investors and the President of the Colorado Landlords Association. Click on the "About" link above for more information on William Bronchick.

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