Quoting ~Julie Blue Eyes~:" <blockquote><b>Quoting TheNuge:</b>" <blockquote><b>Quoting ~Julie Blue ... [snip!] ... is $6,000 ($2,000,000/$1,000 x $3.00). Total Documentary Transfer Tax is $8,200 ($2,200 + $6,000). Another great point, Nuge!"
try this on for size: in nyc, closing costs are 3% of the purchase price
yep, $15,000 on a $500k house
which, you'd think, was a nice house, but it's not at all. it's like a one-bedroom
and think about what happens if, god forbid, you get an dividends on your stocks....
say, you work for a corporation
corporation pays tax
your salary: you pay payroll and income taxes
you invest and get dividends: you pay taxes on that
that's like a third round of tax! and they talk about "fair share"
what would be fair? cause half my income is gone on taxes. so, what's "fair"? 2/3rds? 3 quarters?
and where does it go? solyndra? to sponsor political pet projects. bastards!