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My lifelong friend recently sent me an email. He was rather alarmed after receiving some disturbing news concerning an upcoming claim about taxation on the sale of homes. "Did you know we're facing a 3.8% tax on the sale of homes, condos and investment properties? Is this true? Please let me know." Following the federal government’s sweeping healthcare reform in 2010, there was (and apparently continues to be) considerable concern over the last-minute addition to this piece of legislation: a 3.8% tax on investment income of upper-income households. This tax is often referred to as the “Medicare Tax” as revenues from this tax
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