Community, Diversity, Sustainability and other Overused Words
Community, Diversity, Sustainability and other Overused Words
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This is not a 'wealth tax' as the signature gatherers proclaim - it is a real estate transfer tax. They are completely different things. With this new transfer tax, if you buy and sell a house for even the same price, you will owe $500,000. And as the threshold is not inflation adjusted, in a very few years it won't be just the wealthy paying this, it will be everyone - even for modest homes. And then the house-flipping industry will stop... This will have a crushing effect on realtors,...
