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[EarthNSky <erthnsky AT gmail.com>]

 I read the page, but I have a mental block when it comes to taxes.  
Since this morning, I read and googled a bit and it seems Georgia has 
transfer taxes, too.  I read that they are tacked on when real estate is 
sold, but I'm not sure how it works if real estate is inherited.  It 
seems more like a fee than a tax.  That page states that transfer taxes 
are anti-family and that it is double taxation, but if other states 
already have transfer taxes, why hasn't it been challenged before on the 
double tax thing?  I just feel like I am missing something.  How is it 
that Missouri doesn't have this already?
I went and pulled out some paperwork from my mortgage and yup, there are 
transfer taxes...it is a percent....hmmm.

I just reread the link I posted.  It seems that the realtors are the 
ones promoting the amendment that would prevent the tax.  Who benefits 
from this tax?  I am guessing that the realtors are against this because 
it might cut into their commissions?

B



On 10/18/2010 3:57 PM, VAN DELL JORDAN wrote:
> I haven't studied this but based on the ads appearing in our area, I think they are 
> trying to eliminate the "transfer tax". It's like sales tax? or may even be 
> sales tax applied to real estate.
> One of the arguments is that we already pay real estate taxes so a transfer 
> tax is double taxation.
> Van Dell
>
> --- On Mon, 10/18/10, EarthNSky<erthnsky AT gmail.com>  wrote:
>
> > From: EarthNSky<erthnsky AT gmail.com>
> > Subject: Re: [Homestead] Missouri taxation
> > To: homestead AT lists.ibiblio.org
> > Date: Monday, October 18, 2010, 12:08 PM
> >   I have no idea of what this
> > 'yestosavehomes' is about.
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--
EarthNSky Farm  34.498N 85.076W
SISU! (Finnish--There is no single word in English that encompasses
all that sisu means, but it combines the following ideas: guts, pep,
determination, stubbornness, perseverance, hardiness, stamina, go, do,
nerve, spunk, pluck, and grit.  It's like "Just Do It!"&  "Go for It!")