Sale tax on real-estate in two thousand 13

There a rumor going around about sales tax of 3.8% on real estate sold after 2012. This rumor is miss leading. Their is a tax on capital gain but on a home sale first you get the exemption of 250,000 for a single person and 500,000 for a married couple after that the additional capital gains tax kicks in. So in most cases this tax will not effect the everyday person. Do not get me wrong I think this tax is going to effect the economy. When ever you tax the investor or the successful you limit the growth of our economy. It is common since if they are paying more in taxes then they have less to invest into the market and into small businesses.