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Obamacar tax on real estate transaction
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Southern Farmer
Posted 8/26/2012 17:04 (#2559706 - in reply to #2559321)
Subject: RE: Obamacar tax on real estate transaction



West Texas

Yes sir re!!! check snopes. It's obvious that they buried it pretty deep but yes there is a medicare tax on some real estate transactions. You can bet that most farm sales will incur that debt. Wonder how many farms were bought for less than $500 per acre that will sell for over $4000 per acre today. Better get your canes and walkers out, it will be hard to even stand up after that tax bill

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