State and local governments have discovered that real estate transfers are wondrous opportunities to tax with little political responsibility. If a politician says that taxes should be raised, the individual may well be out of work when elections next roll around. But if real estate transfer taxes are raised, the game changes because many of those impacted by the higher tax will move elsewhere, and thus they cannot vote against the politician.
The result is that transfer taxes and “stamps” often amount to thousands of dollars per transaction, income that is enormously profitable to states and local communities.
The other thing to remember is that there are a host of people that work to make your real estate transaction possible. They all have to feed their families!
To help me feed my family, give me a call anytime at 989.494.1BUY (989.494.1289) or visit http://www.ForSaleByJeff.net !
-Gotta Get Movin’
Jeff McIntyre
989.277.3510
Jeff@ForSaleByJeff.net
http://www.ForSaleByJeff.net
Check out my new blog “Movin’ Shiawassee” at http://www.JeffMcIntyre.com
Follow me on Twitter! @forsalebyjeff
