Vote yes to oppose additional taxes on buying and selling a home!

[Saltysacalait]

Transfer Tax on Homes in Louisiana - Very important to read &*Vote FOR*& stay Tax Free
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98% of the people in Louisiana are NOT familiar with this tax on the ballot for Nov. 19. This is a tax that*both buyers and sellers of a home in Louisiana will pay at the time of sale of their home if this tax is ever passed*. As an example, if you sell your home for $250,000,*both buyer and seller will each pay to Louisiana $4,925.00as a transfer tax. This tax will be a closing cost on the HUD (settlement statement) at closing. And, if this tax is ever passed, it would most likely be raised again in subsequent years.
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We would encourage everyone who lives in Louisiana to go to the following website:*http://www.staytaxfree.com/*On the home page there is a calculator that figures the tax you will pay at closing if this tax is ever passed.*

This is the tricky part: Most people who are not aware of this tax will just click "NO" on the ballot thinking they are voting against the tax. But, they will then be voting FOR the tax.*

Voting "YES" prohibits any new real estate transfer taxes in the state. ( Orleans parish already has a transfer tax).*Voters must vote "YES" which means "stay tax free."*

This is an excellent website with great info. This website is sponsored by the Louisiana Realtors Assn which is our watchdog for new taxes. I hope everyone will look at this site and figure what their tax to Louisiana could be just for buying or selling a home . You are just one click away.*http://www.staytaxfree.com/*

Please pass on to your families and friends who live in Louisiana and probably know nothing about this tax. The Amendment starts with "To prevent"*

The Amendment starts out with "To prevent....tax" so vote "FOR"
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[swamp snorkler]

good info

[longcast]

thanks

[PaulMyers]

That was last year and the tax did not pass.

[Gerald]

Originally Posted by PaulMyers

That was last year and the tax did not pass.

Paul is correct...................



Voters Overwhelmingly Pass Amendment #1!


On November 19th, 2011, Louisiana voters passed Constitutional Amendment #1 in a landslide victory with 81% of the vote!

[Gerald]

Now we just need information on all the stuff that we will be voting on next month. I know that I will voting to make a "CHANGE". I sure hope the VP debate goes like the last one. The latest poll information looks like Mit has pulled up even now.

I think there are a bunch of Amendments but don't know anything about most of them.

[jchief]

Gerald, see link

General Discussion (Everything Else): Nov 6 2012 Constitutional amendments - SaltyCajun.com

General Discussion (Everything Else): Nov 6 2012 Constitutional amendments - SaltyCajun.com

[Gerald]

Originally Posted by jchief

Gerald, see link

General Discussion (Everything Else): Nov 6 2012 Constitutional amendments - SaltyCajun.com

Thanks.... I saw this info. after I made the other post.

I read the information on the 9 proposed Amendments. Most sound good, but I wish I could find info. that explains the amendment in "Layman's" terms.

The 5 th one listed [Act 868]...... I would like to see the Jan. 1, 2013 date stipulation removed. If any elected offical is convicted of a felony I don't want my tax dollar going to him for is retirement....not just anyone caught after 1-1-2013.