So it has happened, the health care bill has been passed.  I can say confidently that our health care system needed tweaking, but sadly this is not the answer.  And in true government fashion, why not throw in student loans to only be given out by the government now since that is in lock step with health care? 

Take away the issues that ignite my heart like abortion and the uninsured (not by choice) and we are still left with a program that will cost more in the end to an already ballooning national debt.   What you will read is the cost structure of a 10 year plan adding savings, but the reality is that the plan calls to collect taxes and fees for the first 4 years and then the major spending kicks in after 4 years…. So it’s an accounting trick more or less.  The money collected up front before the major spending happens is only a mirage to what the program will cost after that. 

Now, to tie this into real estate.  What do you think about the tax rate hike to 3.8% on investment income like dividends, interest and rent?  Uncle Sam will be taxing rental properties at this rate.  I’m not sure how much this will effect real estate here in Plano or the Dallas metroplex, but I don’t look at this portion positively.  I’m not sure how one could, am I wrong?

Ryan