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To: rabscuttle385
What the hell is a...tax on property transfers???

I'd call it a sales tax applied when real estate is sold.

16 posted on 11/08/2007 5:41:23 AM PST by dearolddad (Opinions are like rectums: everybody has one.)
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To: dearolddad

We have a virtual sales tax on property. The state confiscates 6% of the value of the property against future property tax due. You have to apply for a refund of the money in the following tax year. The net effect is that prices go up, up, up.


18 posted on 11/08/2007 12:12:27 PM PST by TenthAmendmentChampion (Global warming is to Revelations as the theory of evolution is to Genesis.)
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