

Stop the Transfer Tax Rate Increase


Stop the Transfer Tax Rate Increase
The Issue
Policy makers, including Mayor Ed Lee, are proposing an increase in the rate of a tax home owners pay whenever they sell real property. The tax is called the real property transfer tax and it is collected on the total sale price of any property sold—regardless of whether the seller makes any money on the sale.
It is critically important for home owners to contact the mayor to express their opposition to any increase in the rate of the real property transfer tax AND urge the mayor to cut the fat out of the city budget.
The Issue
Policy makers, including Mayor Ed Lee, are proposing an increase in the rate of a tax home owners pay whenever they sell real property. The tax is called the real property transfer tax and it is collected on the total sale price of any property sold—regardless of whether the seller makes any money on the sale.
It is critically important for home owners to contact the mayor to express their opposition to any increase in the rate of the real property transfer tax AND urge the mayor to cut the fat out of the city budget.
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Petition created on January 23, 2012