A statewide group is trying to head off a tax currently collected in 37 states -- but NOT Missouri.
It's considered a pre-emptive strike against a tax that could hit you if you sell your home.
It's called the real estate transfer tax -- and Missouri realtors call it unfair double taxation. That's why they're getting behind a ballot initiative to change the constitution to bar it from ever coming to Missouri.
WATCH THE KY3 NEWS @ 10 REPORT HERE
The group, "Vote Yes to Stop Double Taxation" needs about 230,000 signatures by May to get the proposed constitutional amendment on the ballot.
1 comment:
The Missouri Association of REALTORS has been working hard to make sure Missourian's are protected from yet another burden and tax when it comes to buying or selling real estate- a transfer tax...I did a post about it with the detaisl at:
http://stlouisrealestatenews.com/real-estate-market/missouri-association-of-realtors-working-to-prevent-double-taxation/
There is a website that has been launched to give Missourians information on this effort...details and a link to the site can be found at:
http://stlouisrealestatenews.com/legislative-regulatory/web-site-launch-promoting-%e2%80%9cvote-yes-to-stop-double-taxation%e2%80%9d/
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