Prevent Double-Taxation on Arizona Real Estate - Vote in November

By
Real Estate Agent with wexzilla.com

Currently, there are no sales or transfer taxes on real estate in Arizona.

However, in theory, the government could enact such a transfer tax at any time.vote no to arizona property tax

There is an initiative, led by the Arizona Association of Realtors, to place a protective vote on the November 2008 election ballot.

According to Tom Farley, CEO of the AAR, "we are on course to make the required 230,000 registered voter signatures to place a statewide real estate transfer tax ban on the November ballot."

Voting Yes in November would pre-empt a future move by the government to charge real estate sales and transfer taxes on your real estate, homes and properties.

The initiative would provide protection from:

  • Double Taxation - you already pay property taxes
  • Loss of Equity - sales tax would be on total value, thus less net equity upon sales
  • Increases in the cost of Selling your home - higher sales costs, thus higher price you need to sell your home
  • higher proportionate impact on lower-income homes - taxes in any form most impact lower income families that use a higher percentage of their income on spending
  • Punish Home owners - home owners should not be punished for moving which helps invest in our economy

You can visit www.AARonline.com , www.rallinow.com and www.NoNewTaxes.com for more information.

Tell everyone you know to get out and

Vote YES in November.

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Copyright © 2008 By James Wexler, All Rights Reserved. *Protect Double-Taxation of Real Estate in AZ*

Contact James Wexler (480) 221-8080 for all your Phoenix | Scottsdale area Real Estate needs.

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Topic:
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Location:
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Groups:
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Maricopa County
Real Estate Professionals
Tags:
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double taxation
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Rainmaker
185,523
The Brewer Team - Franklin TN Homes
Benchmark Realty - Franklin, TN

I think the voters in every state need to stand up to elected official and just say no to new taxes. THose guys squander more money than they could ever use.

THe city of Brentwood in meddle Tennessee hasn't raised property taxes in 14 years, but they have the best schools and parks in the State. It's just good manangement.

Jul 25, 2008 11:18 AM #1
Rainmaker
630,071
Don Rogers
Keller Williams Realty Chesterfield - O'Fallon, MO
Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes

James,

We have been fighting the possibility of a transfer tax and a fee for service for the past 3 years that I know of and will continue to do so for the verry reasons that you have mentioned.

Don R.

Jul 25, 2008 12:34 PM #2
Anonymous
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Sep 19, 2011 04:26 AM #3
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Rainer
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James Wexler

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