06-28-2011, 08:24 PM
I received the following from my Aunt Jean today, I thought it was interesting.
Did you know that if you sell your house after 2012 you will pay a 3.8% sales tax on it? That's $3,800 on a $100,000 home, etc.
> Under the new health care bill all real estate transactions will be subject to a 3.8% Sales Tax. The bulk of these new taxes don't kick in until 2013. If you sell your $400,000 home, there will be a $15,200 tax. This bill will screw lots of people, including retired folks who may decide to downsize.
> Oh, you weren't aware this was in the healthcare bill? Guess what, you aren't alone. There are more than a few members of Congress that aren't aware of it either.