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To: Hostage
Every realtor will understand that a home market value includes all costs and taxes
Speaking of Realtors, in addition to the 30% tax on the purchase of a new home there would be a 30% tax on realtor fees as well as a 30% tax on escrow/closing costs...and of course 30% taxes on escrow and realtor fees would be imposed even on "used" real estate sales.

Hope that was worded simple enough for you to understand.

158 posted on 05/12/2007 9:56:06 AM PDT by lewislynn
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To: lewislynn
Post #153 and the response to it Post #155 are all that readers need to know about you.

Realtors pay the Income tax now and under the Fair Tax they won’t. If they want to try and tack on 30% to their present fees, let them try. I guarantee there will be a competing real estate brokerage that will keep their fees the same under the FairTax on all new homes sales. And if there isn’t a nearby competitor then buyers and sellers are going to tell them to take a hike.

You’re blowing smoke here and getting nowhere.

Post #153 is all the people need to know about you.

159 posted on 05/12/2007 10:01:06 AM PDT by Hostage (Fred Thompson will be President.)
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