Tuesday, August 31, 2010
Transfer Tax Amendment
Transfer tax will come to a vote in Missouri! Through the valiant efforts of our MAR committee, the courts agreed there were enough valid signatures on the petition drive to place "transfer tax" on the ballot. Voters will now have the opportunity to say YES, they never want a transfer tax levied on real estate at the time of closing. When real estate owners pay taxes every year, there is no reason for owners and buyers to be further taxed. Enough is enough.