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Found 1 blog entry tagged as "Obama Care".

Don't be fooled by all the rumors swirling around the Internet and among friends about Obama health care legislation and the 3.8 percent property tax.  Here's what really happened:

The Health Care and Education Reconciliation Act of 2010 and Patient Protection and Affordable Care Act were signed into law in March 2010.  The acts impose a 3.8  percent investment tax on unearned income above  certain levels to help fund Medicare.  Numerous state attorneys general have filed lawsuits challenging the Acts, and the Supreme Court has heard oral arguments on these Acts.  A decision should be reached sometime this summer.  IF they are to be ruled legal and constitutional, then the following will go into effect on January 1, 2013.

First of all, only…

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