SPEAK NOW OR PAY INCREASED TAXES WHEN YOU SELL PROPERTY!
Just some quick information on some actions that the Issues Advocacy Trustees approved recently regarding the fight to allow the sunset for the increase in the municipal portion of the conveyance tax to simply happen this June.
There is a new Web Site - http://www.myhouse-mymoney.com/ It will help you easily understand and make your opinions known to those elected officials who can vote on this important issue. You can send e-mails or get a letter to send to a Senator, Representative or Mayor/First Selectman.
Sellers traditionally don’t even know of the increased tax until they write the check. The legislature needs to hear (loud and often) that this kind of discriminatory and stealthy tax is unfair. People are relying on income, they need the income, from the sale of their property - and they are not getting it all.
Over the next couple of weeks, Palm Cards and Postcards will be made available.
There will be short spots (5 Seconds) on WTNH TV, as well as radio spots (available for you to listen to on the web site) through the end of April.
Realtors kept the legislature from enacting this increase on a permanent basis last year - we got another sunset. This time, pulling out all the stops, we’re gunning for the legislature to simply allow the conveyance tax to revert to its’ pre-increase status. Just let the sunset occur.
If municipalities need the additional revenue that this “hidden” tax provided, allow them to raise it through a fair, equitable and above board tax - spreading the pain across the entire population - not simply by targeting those unlucky enough to be selling their home.
For information on the Greenwich Real Estate market, please visit www.KayeLewis.com.
March 6th, 2008 at 3:31 pm
Enough is enough! We are entering our senior citizen years and are planning on downsizing into a smaller home and now the state wants to tax what we built up for equity in our home for our senior years. Bull! They get enough taxes from the gambling casinos (where is the breakdown to where that money goes and who see’s it, not the normal citizen) and where is all the taxes going on the gas. Connecticut pays higher gas prices than other states (wheres the breakdown of those monies and who see’s it?, not the normal citizen) so where is the fairness and who benefits? And they wonder why the normal citizen is fed up with the politicians and their taxation laws. They keep pushing and pushing and if they only new how fed up people are getting about it.