True, but only the portion of any gains over some threshold, $500K for married couples I think, gets included in that income. Not that ANY new tax is ever a good thing, but I don’t want people running around thinking it’s going to be common to pay 3.8% on all gains, or on the sale price.
But the over $200K is misleading, because the capital gains is calculated into that income also, so the converse is true too that people who make $100K think they don’t fall under this rule, but if they have significant cap gains, that pushes them into this.
Not to mention that “the rich” are already paying the major portion of income taxes and continuing increase of taxes takes away incentive and what happens when we will all be equally poor?