Protect Our Homes! Vote YES on Prop 100

The up coming election has us all focused on the Presidential election but there is something else that you should give your attention to as a homeowner.

This coming November you are going to be asked to vote on proposition 100. This proposition 100 would amend the Arizona Constitution to prohibit the state or any county, city, town or other political subdivision of the state from directly or indirectly imposing any new tax, fee or other assessments on the sale, purchase, transfer or other conveyance of any interest in real property (such as homes and other real estate). This proposed measure would not affect any tax, fee or other assessment in existence prior to this year.

This real estate sales or transfer tax is unfair to Arizonans since home and property owners already pay annual property taxes. An additional tax levied at the time people buy, sell or even transfer ownership of their home would be double taxation.

Voting Yes on Prop 100 will provide protection from Real Estate Transfer Taxes and prevent:

* Double Taxation-Governments already collect taxes on your property based on the property's value. This new tax would unfairly impose a second tax to impact our home or property value.

* Loss Of Equity- Since the tax is assessed against the total value including the amount you owe on your mortgage(s), the overall equity earned by the seller is decreased.

* Damage to the Real Estate Market- In an already burdened housing market where people are struggling to sell their homes, the overall higher costs will only make it more difficult to initiate a successful sale, not to mention making it less attractive for commercial real estate to recruit business to the area.

* Punishment of Homeowners- People who move from one house to another should not be punished while others choose not to move; in fact, this is considered discriminatory and harms access to the "American Dream" of home ownership.

* A Negative Impact on Lower-Income Arizonans- A real estate transfer tax would impose a higher tax burden on lower income households that typically spend a larger percentage of their income on their home.

This is an example of voting "Yes" to mean "No". Voting YES on Proposition 100 will protect your home and you from double taxation!

www.protectourhomes.com

FYI-Just a few community leaders (that you may know and respect) that promote voting YES for Proposition 100:
Eddie Basha
Rose Moford, Former Governor of Arizona
Tom Chilton, President of Arizona Cattle Growers
John Nelson, State Representative
Jim Waring, State Senator
Ken Cheuvront, State Senator
Barbara Leff, State Senator
Donald Owens, Former Adjutant General for Arizona National Guard
John Munger, Munger Chadwick, P.L.C.
Brett Jones, Arizona Contractors Association
Glenn Hamer, Arizona Chamber of Commerce and Industry
Kevin Rogers, Arizona Farm Bureau
Chad Kirkpatrick, Americans for Prosperity
Barney Brenner
Craig Sanford, Protect Our Homes

If you are thinking of buying or selling real estate in the Tucson area, call Julie Nellis with Long Realty, for assistance. 520-918-3843 or www.tucsonhouses4you.com