Push Is On To Ban Tax On Home Sales

Full story: Fox2Now 29
A vote is coming this fall on whether the state of Missouri should be allowed to tax you for selling your home. Full Story
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NCC

Ballwin, MO

#21 Sep 29, 2010
Anton33 wrote:
Tea party nut here we go again. You are making this political and yet this is being done by the president of the Missouri realtors association. The realtors group decided to push to have this amendment to make sure that they could not add this tax. There is not a current amendment to add this tax and they want to make sure that the voters make it so that anyone from any party can not add it later. Oh also you pick on Liberals and Robin C. helped make sure that this was added to the November election ballot. So read the facts before you speeww lies. And now lets all go vote yes on Amendment 3.
..........It's all, oddly enough, wrapped up in the health care bill that passed earlier this year. Yeah, the F'n dems stuck it in there. Way to go libs!! You jacklegs.
SheamuK

Chesterfield, MO

#22 Sep 29, 2010
Absolutely NOT!
Rune04

O Fallon, MO

#23 Sep 29, 2010
Hey the feds put a new 3.8% tax on real estate sales in the healthcare bill. Now if the state adds a couple of more per cent. Wala, it will cost the seller a fortune to sell.
Flubupper

Saint Louis, MO

#24 Sep 29, 2010
Rune04 wrote:
Hey the feds put a new 3.8% tax on real estate sales in the healthcare bill. Now if the state adds a couple of more per cent. Wala, it will cost the seller a fortune to sell.
Rune, are you sure about that? Can you point us to legitimate documentation about that? If it's true, it's certainly maddening.
Reese Forbes

United States

#25 Oct 1, 2010
Shouldn't this sentence be "While Missouri has no transfer tax right now, it's in the minority nationwide. Ours is one of only thirteen remaining where a tax, somewhere between 1 and 4 percent, is NOT imposed on the sale of every home"

You will also need to Vote NO on Prop A ( about the earnings tax ) because if that passes, some municipalities and cites will need to find another way to raise revenue, and real estate could be a prime target.
MissouriHomeowne r

O Fallon, MO

#26 Oct 4, 2010
This tax isn't just for when someone sells a home but also will affect every homeowner in the State of Missouri. If you leave your property to an heir, they will be taxed anywhere from 1 to 4% Again and Again! Anytime the deed transfers on a property, either commercial or residential, a transfer tax will have to be paid. VOTE YES to Amendment 3 for no more taxes. This is an important issue for all Missouri homeowners. Check out www.YESTOSAVEHOMES.COM and read about this important Amendment.
Rhonda Lamb

Saint Louis, MO

#27 Oct 5, 2010
Please help us spread the word. This affects all Missouri Homeowners.
It's confusing, but just remember a yes vote stops the tax.
Calamity Jane

Cleveland, TX

#28 Oct 5, 2010
Apparently the 3.8% Federal tax is on high income earners. Snopes.com has an explanation and example at: www.snopes.com/politics/taxes/realestate.asp
Hope this helps.
MissouriHomeowne r

O Fallon, MO

#29 Oct 5, 2010
Calamity Jane wrote:
Apparently the 3.8% Federal tax is on high income earners. Snopes.com has an explanation and example at: www.snopes.com/politics/taxes/realestate.asp
Hope this helps.
This has nothing to do with the transfer tax. Check out YestoSavehomes.com . Every Missouri homeowner or potential homeowner needs to know about this potential tax. Missouri needs to vote YES to Amendment 3 for no more taxes.

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