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To: Dane

"the proposed realty-transfer tax increase would add about $5 a month ta 30-year, $150,000 mortgage for homeowners, Biehler said."

Let's see 30 years x 12 months = 360 months x $5/month = $1,800 in new taxes on a $150,000 mortgage.


12 posted on 11/15/2006 4:13:58 AM PST by tort_feasor (FreeRepublic.com - Tommorrow's News, Today)
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To: tort_feasor
"Let's see 30 years x 12 months = 360 months x $5/month = $1,800 in new taxes on a $150,000 mortgage."

And you can't touch even a townhouse in our area of SE Pa for $200K. These are some whopping tax and fee increases.

This just burns me up. Since Fast Eddie took office we've endured an income tax increase, substantial increases in turnpike tolls, the addition of casino gambling, and now these proposed increases. There is just no end in sight . . .

Funny how this report came out a week after the election. It's frustrating knowing that your vote never makes a difference.

14 posted on 11/15/2006 4:44:06 AM PST by Think free or die
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