Health Care bill 3.8% tax on home sales

I am not in support of this tax, and passing this tax into law is just one more way that Obama did not keep his promises. HOWEVER, you are not giving nearly enough detail, and the article in your link left out a lot of info.  Please check into it further, and you will see that it is not a tax on the selling price of the home, but just on the profit, and it has to be a lot of profit (I think it's $500,000 for a couple, filing jointly). Then, there's other restrictions. Few people will pay this tax. 

Again, I am opposed to it at all, because I believe that once the government gets its foot in the door, they barge all the way in. But for now, please provide the whole story.

This excerpt from the Healthcare Reform bill has been grossly misstated. There is a 3.8% tax that will be imposed beginning in 2013, but it's not on the gross amount of a sale.

In fact, this provision has been so widely misunderstood and misquoted, that the National Association of Realtors produced a Question and Answer publication to expressly discuss the matter. Be sure to expressly study questions 8-10. Click to read the publication.

Essentially, it's like this:

A 3.8% tax will be imposed on high income earners (single earners with Adjusted Gross Income (AGI) over $200k, couples with AGI over $250k); that sell property realizing a gain over $250k (single) or $500k (joint filers). So .. if you're married with AGI over $250k, and you sell a piece of property with a gain over $500k, you'll pay a 3.8% tax on the gain, not the entire sales price.

I'm not a tax expert and can't speak to computation of AGI, but I suspect that there will be some fairly extensive calculations involved to minimize AGI.