Todah! to Brother Jack for sending this information along...
I had no idea.
Waiting until the housing market recovers to sell your house? You might want to reconsider. Under the new health care legislation, all real estate transactions will be subject to a 3.8 pct SALES TAX ... starting in 2013.
You weren't aware this was in Obamacare? Well guess what, you're not alone.
If you sell your $400,000 home,
there will be a $15,200 tax.
Is this Hope & Change great or what?