First they paid it, then, they took it to court and now, they’ll take it to the voters. Chuck Hatfield is the attorney for the group sponsoring the amendment. He said double in this case is not a good thing.
“You pay property tax yearly on the real estate you own, the houses you own, etc. So you’re already paying taxes on your property. To require another tax at transfer just doesn’t really make any sense and it’s a way of taxing property that’s already been taxed,” Hatfield said.
Hatfield said that while Missouri doesn’t have property transfer, a yes vote for the amendment would keep it from happening.
“Obviously in tough economic times governments start looking for more money, so there were concerns that some jurisdictions may impose transfer taxes. This will make sure and get ahead of the problem and prevent it,” Hatfield said.
A “yes” vote will amend the Missouri Constitution to prevent the state, counties, and other political subdivisions from imposing any new tax, including a sales tax, on the sale or transfer of homes or any other real estate.
A “no” vote will not change the Missouri Constitution to prevent the state, counties, and other political subdivisions from imposing a new tax on the sale or transfer of homes or any other real estate.