Some Clarity: The Health Care Bill’s Tax on Real Estate
Because of the complexity and scope of the recent health care bill, there has been a wave of misunderstanding of how it’s actually going to work. Really, does anyone know how the government is going to pay for all of this? A colleague recently e-mailed me wondering if I knew anything about the provision in the bill that taxes home sales. It seems there is a rumor floating around that, as a way to pay for the plan, the bill includes a 3.8% tax on all real estate sales. If this is indeed true, it would be a major blow … Continue reading →