[forgotten man]

This morning on a local radio station I heard a tax attorney say that effective in 2013 there will be a 3.8% 0bamacare tax on the gross sales price of a home. He said that if you sell a $100,000 condominium $3,800 tax will be taken from you while the property is in escrow. Can anybody confirm this? What other surprises lay in store for us?

[driftdiver]

I’ve heard the same.

[driftdiver]

I’ve heard the same.

[Arrowhead1952]

Can anybody confirm this? What other surprises lay in store for us?

Yes on question 1, and add a 1 % tax on every bank transaction, be it a deposit, withdrawal, money transfer to another account.

[Whenifhow]

Realtor document regarding real estate sales:

http://www.realtor.org/small_business_health_coverage.nsf/0e6c5cc5db6ac6b686257202004b6f58/03dcd8d057d7a611852577d20053ccb2/$FILE/government_affairs_invest_inc_tax_broch.pdf

Arrowhead1952
Where did you see about the bank transaction tax? I had heard HR 4646 was not out of committee.

To the person who posted about taxes not being collected yet: Political Junkie Too

Taxes being collected now - Death Panel Tax - New fee coming for medical effectiveness research

http://news.yahoo.com/fee-coming-medical-effectiveness-research-165007641.html

[Spunky]

This will NOT be a 3.8% flat out tax on ALL sales. Read the below link. Don't get me wrong, I don't think ANYONE should be taxed on selling their homes let alone taxed on other things, but I don't want false information out there scaring people un-necessarily

THE 3.8% TAX ON REAL ESTATE