A 3.8% Tax On the Sale of (a Very Small Number) of Homes In the Obamacare Law?

If one makes over $200,000/year and if one realizes at least $250,000 in gains if single or at least $500,000 if married, on the sale of a home, one gets to pay (an additional) 3.8% to the federal government.

This little provision doesn’t apply to most of us, but how weird is it that it was inserted into the Obamacare bill?

I guess we really did need to pass it to see what was in it.

Click here for a good explaination of the tax.