Wrong,
investment income including home sales will be taxed 3.8% if its over 250k (couples)or 200k single.
Well actually you are wrong on this count. You are not alone, I have seen this bandied about several time by people who don't have a decent grasp on it.
If you make over 200k as a individual or 250k filing jointly & you sell your home for a profit
above the Capital Gains threshold of 250,000 per individual or $500,000 per couple you will pay a additional 3.8% tax on the profit OVER that thresold. This is not a new tax that will generally affect the vast majority of people who buy and sell their homes. It will affect those that are very affluent or high earners.
Pretty sure this "rumor" came from a inaccurate written piece by a Paul Guppy of the conservative Washington Policy Institute. It has been debunked several times.
