---

---

Released: February 11, 2011

A 3.8% tax to fund healthcare? Yes and no

Source: David Lazarus, Los Angeles Times (Free Registration)

There’s an e-mail going around warning that anyone who sells their home after 2012 “will pay a 3.8% sales tax on it” to help fund President Obama’s healthcare reform law.

“Oh, you weren’t aware this was in the Obamacare bill?” says the e-mail, which is being forwarded by many people but the origins of which remain a mystery. “Guess what, you aren’t alone. There are more than a few members of Congress that aren’t aware of it either.”

The e-mail was called to my attention by Chino resident Ken Burton, who wanted to know whether it was legit.

The answer is yes. And not exactly.

Read Full Article: A 3.8% tax to fund healthcare? Yes and no