An email has been circulating for months (and you may have even received it) that reports the new federal health care bill will be paid for with a 3.8 percent tax on the sale of homes.
It is not true.
Of course there are new taxes to pay for the health care bill. You're not surprised are you? The bill included a provision that imposes a new 3.8 percent Medicare tax for some "high-income households" that have “net investment income.”
Read the Massachusetts Association of Realtors blog for more information.