Real estate transfer tax ban passes handily
It isn't close -- statewide, Oregonians don't want there ever to be a real property transfer tax. Multnomah County voters are fine with the idea, of course -- us included -- but in this case, they'll be outvoted.
| Posted at 9:41 PM | Permalink |
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Comments (6)
The ballot measure appears to have been defeated per the information on the Elections Division page.
Yes Votes 577,739 46.12%
No Votes 675,047 53.88%
http://www.oregonvotes.gov/results/2012G/41256376.html
Posted by rivergrass | November 7, 2012 12:40 AM
Was he talking about the other one?
Posted by Jo | November 7, 2012 1:50 AM
Yes, the commenter has the wrong ballot measure. The estate tax repeal (and more) measure failed.
Posted by Jack Bog | November 7, 2012 3:54 AM
The long-standing property tax limitation notwithstanding, our property taxes are high, our property values are down. Many people are already going to lost money if/when they sell their houses. To throw a couple or few thousand dollars at the state on top of the thousands of property taxes paid every year is not the way to solve Oregon's structural tax problems.
I dislike most constitutional amendments but I bore down and voted for this one.
Posted by sally | November 7, 2012 7:52 AM
So how does this affect the WA county RE transfer tax?
Posted by Steve | November 7, 2012 8:32 AM
Steve, I believe the measure was written so as to grandfather in any prior local taxes.
Posted by sally | November 7, 2012 10:08 AM