Protect your Phoenix AZ Home from Transfer Taxes - Vote Yes on Prop. 100

October 5, 2008

Today, There are no property taxes on the sale of Phoenix AZ real estate and the towns that make up Maricopa County like Scottsdale, Mesa, Tempe and Peoria AZ.

However, the government could, in theory, vote to charge a such a tax.Protect your Phoenix AZ Home from Transfer Taxes - Vote Yes on Prop. 100

Arizona Proposition 100, known by its supporters as the Protect Our Homes Act, will be on the November 4, 2008 ballot .

I encourage you to Vote Yes on proposition 100 that, according to the Bill’s sponsors , would

‘prohibits the government from charging any new tax on the sale or transfer of real property in Arizona“

As a result of a slow Phoenix AZ real estate market, this is not the time to have an open policy that could enact sales or transfer taxes on Phoenix AZ real estate. Here’s why:

  • A real estate transfer tax would prohibit  sales by making the sale more costly.
  • A real estate sales tax would reduce the net proceeds to a seller taking away equity
  • People already pay real estate property taxes. Transfer taxes are a from of ‘double-taxation‘.
  • Real estate transfer taxes unfairly burden lower-income families as they pay a higher percentage of income on their homes.

You can visit www.protectourhomes.com and www.NoNewTaxes.com for more information.

Remember, you have to register to vote for the President, local officials and all new ballot propositions like Prop. 100; The deadline is October 6th. 2008.

To register to vote on-line: https://serviceArizona.com/webapp/evoter

Tell everyone you know to register to vote in November and get to the polls on November 4th and

Vote YES on Proposition 100 in November.

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Copyright © James Wexler * Phoenix AZ New Home Builder Nightmare *

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

Call me for a private tour of  new homes in Phoenix, Scottsdale and Peoria and to learn more about life in Scottsdale and living in luxury communities in  Phoenix.

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Comments

One Response to “Protect your Phoenix AZ Home from Transfer Taxes - Vote Yes on Prop. 100”

  1. Kellen Britt on October 6th, 2008 12:24 pm

    It is absolutely imperative for every Arizonian to vote YES on Prop. 100. Our struggling real estate market cannot sustain another devastating blow. Prop. 100 will help protect us against NEW TAXES designed to slow an already crippled housing market by imposing an additional transfer tax on sellers.

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