Missouri..Stop the Transfer Tax

Great post Ann!  We have a transfer tax in Wisconsin, every seller has to pay $3.00 per $1,000 of purchase price.  The Governor tried to up it to $10/per1000!!  The Realtors Association was all over stopping that!  Good luck with yours.  I used to sell in Illinois, the biggest County - Cook - has it's own tax and the state takes their share too!  They tax us coming and going!!

The transfer tax here is $1.10 per $1,000 and while it doesn't seem like much, it continues to add costs to closing that some folks are unable to meet.  The worst thought, it's an open tax ... and could be increased ....  we all need to become much more active in looking at the "costs" from our clients' point of view.  Thanks for sharing ...

We're going through the same thing here in Oregon.  Transfer taxes are a hot real estate issue here, and they're trying to get it stopped here too!! 

They're trying to do that here in Arizona.  Coming from the Chicago area, we used to call it the "exit" tax - you had to pay to leave.  Of course, it was less if you stayed in the came city, but you still had to pay!!!   And, in DuPage county, where I used to live, the taxes were over $7200 on my $250,000 home when I moved from there over 12 years ago - neighbors tell me it's over $10,000 now.  Isn't that ENOUGH in taxes?

Good luck with your effort, Ann!

Ann we have a Conveyance Tax here in Connecticut that is paid by the Seller at the Closing.  It was only suppose to be in place for three years to raise money to repair our roads.  Well that was about seven years ago, and we still have it.  Recently they have been trying to impose a Conveyance Tax on the Buyer as well.  How many times are they going to try to tax the same property.

I hope you guys succeed in stopping this, because once it is in place it will never go away.