OBAMACARE- Sell your house, pay a 3.8% escape tax. Bet you didn’t see that coming.

http://www.redstate.com/repair_man_jack/2011/06/16/another-charming-aspect-of-the-obamacare-minefield/

Beginning January 1, 2013, ObamaCare imposes a 3.8% Medicare tax on unearned income, including the sale of single family homes, townhouses, co-ops, condominiums, and even rental income.

Surely positive trends will not endure when new home buyers realize that they will eat a dead-weight loss of $11,400 on the sale of a $300,000 residence.

The Congressional Budget Office now estimates that the cost of Obamacare will triple in 10 years. That just might be grossly underestimated when employers abandon their health plans and employees wind up in the pool subsidized by the taxpayer.  Time to move to Greece, eh?

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