Too bad your link gives no info. That tax will apply to equity above something like $500,000 for couples. I don't have more than $500,000 equity. Do you?
While it is a terrible concept, very few will ever pay it.
18 posted on 09/09/2012 3:12:46 PM PDT by MileHi
( "It's coming down to patriots vs the politicians." - ovrtaxt)
The second link from a Forbes article is much better and documents what you mention. It’s obvious I got had by an email chain. Thanks for getting me to check.
24 posted on 09/09/2012 3:20:08 PM PDT by Track9
(Ego undermines moral courage.)