Ask the taxgirl: “Real Estate Tax” In Health Care Law?

Taxpayer asks: Please tell me this isn’t so…..Under the new health care bill, all real estate transactions will be subject to a 3.8 % sales tax. This new tax is supposed to kick in 2013. taxgirl says: I’ve gotten a few questions about this so-called “real estate tax” lately. Concern about the “tax” has escalated due to a chain email making the rounds. The email, which has a few variations, looks more or less like this: This should help stimulate the real estate market! Under the new health care bill, did you know that all real estate transactions are subject …